Bangalore: DV has proved right in saying that the scam is a wholesale Aryan scandal mainly the Madrasi lyers as its brain. (DV Sept. 15 ’92: “Will the frauds of the century be convicted?”)
How can they be when the Govt. of India’s topmost legal authority – G. Ramaswamy lyer – is tendering legal advice to the culprits? The startling disclosures about the conduct of the Attorney-General of India came at the Joint Parliamentary Committee inquiring into the bank-stock scam. The Standard Chartered Bank, one of the several foreign banks embroiled in the murky scandal, advanced Rs. 15 lakh without any security to the country’s highest law officer.



