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2004-11-03 Afghanistan/South Asia
ISI accused of pumping fake currency
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Posted by Steve White 2004-11-03 1:10:13 AM|| || Front Page|| [2 views since 2007-05-07]  Top

#1 I recall from my coin collecting childhood that Indian currency comes in weird denominations (for a Westerner).
Posted by phil_b 2004-11-03 7:42:51 AM||   2004-11-03 7:42:51 AM|| Front Page Top

#2 Authorities in India frequently blame ISI for anything that goes wrong in the country.

Oddly enough, frequently the authorities are correct.
Posted by Shipman 2004-11-03 8:04:40 AM||   2004-11-03 8:04:40 AM|| Front Page Top

#3 After spending plenty of time in India , from the far north to the far south , i can safely say the whole place stinks of corruption .. 'baksheesh' - the taking of bribes to get a job done faster and better , is common practice ,throughout all class's and job descriptions . It is esp a popular form of boosting income within the police and local state governments
Posted by MacNails 2004-11-03 8:19:33 AM||   2004-11-03 8:19:33 AM|| Front Page Top

#4 Getting arrested and paying it as baksheesh for release is a simple way to pass the counterfeit money into the economy. On the other hand, the Indian economy is growing so nicely that this money may well have been needed locally. Win/win?
Posted by trailing wife 2004-11-03 10:41:26 AM||   2004-11-03 10:41:26 AM|| Front Page Top

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