And for a Friday in Mumbai after the Compliance Symposium at Taj Lands End….. some thoughts…..
I am really impressed by the many Excellent Organisations and honest committed Citizens working zealously to improve Governance in the Country. At the 5th Compliance Awards hosted by Legasis and BSE (Bombay Stock Exchange) more than 700 companies entered the competition. More than triple of last year. Every one of them fully convinced that each of them have met compliance 100%. A fantastic achievement. To me who won didn’t matter. That so many qualified is inspiring. Of course it was most heartening that my friend Deepak Parekh was conferred the Crusader of the Year Award. How richly deserved.
The highlight was also the launch for first time of a very interesting book on combating Corruption by two exemplary IPS (Indian Police Service) officers with intimate and inside knowledge of how the current Indian criminal investigation, prosecution and judicial system works – Ramesh Sharma the former Director General of Economic Offences Wing of MP and Arvind Verma who relinquished his IPS from Patna during the heady Lallu Yadav days and is now a Professor and Researcher of Criminal Justice in Indiana University, USA. The authors argue that a corrupt state only maintains a facade of rule of law but will not permit any inquiry and any solution beyond that of individual deviance.
Justice Shrikrishna summed up that every citizen must stand up and be counted, do not yield to greed and each one of us must have the moral courage to be truthful and honest.
No Country can ever eliminate corruption. World over corruption exists but we should not absolve ourselves by abrogating the solution to the Politicians. Let each of us take one step to reduce corruption. Let us help build a strong Nation, the Ethical way, the better Corporate Governance way, the SEEGOS way.