- I Paid A Bribe
- 11 years ago
- 2997 views
Now I am a Senior citizen, who lost all money in trade due to avarice…
Now I am a Senior citizen, who lost all money in trade due to avarice of few State Government officials.
In 1991, I applied for a loan and got it to run a Tiny Industry with project of Rs2,00,000. (Land, Building, machines) but since the market was falling, I gave my unit for job work lease.
The person who took the factory used my sales tax no, without my consent, and printed Delivery Chalan in my company name!
I opposed this and no staffs of my company signed the DCs.
One day in 1994, The sales tax Enforcement wing visited my company, took all the chalans and documents, and after a long years , sent me a claim that I did a turnover for Rs5,00,000, and added a fine of another Rs5,00,000 making a total of Approx Rs 10,00,000.
I contacted the company who was doing job work with me and produced a letter stating that all the documents seized from my premises were belong to them, and they will answer their questions. But the enforcement wing officials adamant and rejected their letter, and never enquired them, as they paid a bribe. I sent a lawyer's notice to them, for which they never replied. And I thought that mater is closed. Then an Auditor, approached me and said that the Enforcement wing demands Rs one lakh, and just pay Rs50,000 to settle the issue. I was not even traded that amount in a whole year! What I did was a small trade that too on contract job orders. I refused. After that I sold my company to a person and repaid the loan that I took from the Public limited company, and again invested the amount in another company. Here I took a loan for buying a machine, valued Rs 700,000.
At this time due to supreme court order all the tiny sector units were closed, and the company I bought was also closed and legal case took few years, and get an NOC from Pollution Control Board took long time.
Now giving bribe was at its peak, every one was thinking that a Tiny unit prop is a millionaire, and the SIDCO, EB, Telephones, Sales Tax, Local people, Political Party donations, Local temple festivals, Local youth foot ball teams, ESI, PF, Inspector of Factories etc., All came one by one for all festivals, Local meetings and the local minister's visit, Temple construction in village, where the top official born etc.
After some time I refused pay the bribes to Sales Tax that made them to bring back the 10,00,000 due(Imagination). They threatened the companies for whom I did job work and warned that they will seize the goods and lock the premise soon, and their material also will be seized!
Fearing this all the persons vanished and they never paid my dues. This made me sick, and since the machines were not functioned for months all the machines were rusted!
Now the Financier forced me for dues!! These worries made me mentally upset, and one day (For 4 months I didn't paid the salary dues for my worker and two watch men) I settled by raising funds borrowed at 24 percent PA, and as a mentally affected person I left for somewhere without telling any one.
I was ill health and my wife and sons looked after me and directed my attentions towards Vedas and God.
The financier put the unit on action,(No need to say that it fetched a low rate not even 40% of its original value) and
recovered the principal but he adjested this amount in interest payable! keeping the pricipal as it is.
Today, I am doing PhD, but just reading books and slokas. and living with my family.
Now after 15 years the financier contacted me and demanded money. I didn't served any insolvency as I am not having money to pay to the Lawyer as fees.
The non payment of bribe in financial stages and lots of amount paid in the beginning, dissolved my ability to earn, and the Government Sales Tax officials (Enforcement wing) take the law in their hand. They say that they need to pay to the Minister.
I really don't know if the minister demand bribe from a tiny sector unit.
Whom I to blame?
When starting the industry I allotted a contingency of 20% but later it went to 200% with bribe
For every man's success there will be a story but in my case, for a loss I am to blame only the Sales Tax officials.
If you need to start an unit for investment you need trunk load of hard money, but you need a ship load of black money to be paid as bribe