Address: | Mumbai City, Maharashtra |
I worked with this NGO for couple of years. They were into senseless activities. Their primary goal was money laundering
They are owning Kotak Mahindra Bank, Mutual Funds etc and were just rerouting their black money through this NGO.
Their paper work is very well done and neat clean. Its hard to find any discrepancies in their documents. But they are not genuine NGO( which NGO is).
Most of the staff they have appointed are well aware of these bogus activities and so they just do timepass. The project head needs to show lot of work and activities being conducted so they keep running around the place eventually doing nothing.
There is lot of internal politics and controversies and it just gets murkier day by day. The trustees and top management are not bothered by this controversies so they just concentrate on the statistical figures needed to get tax exemption.
Everything looks systematic and clear but on deeper analysis one realises the fraud that is happening. The senior management is just interested in fund misappropriation.
They invite their friends and ask them to conduct training session and then pass a heavy bill to trustees asking for re numeration of trainers and in that they get their cut percentage.
Also they force the staff and school kids to attend overnight camps and picnic to earn lot of commission from third parties.
Do not be fooled by their talk of working for a cause etc, they are good at fooling society and government
Overall a fun atmosphere to work, with excellent salaries and perks but you need to play along this fake con work they are doing and handle the politics played. Was this information helpful? |
Shivaji Dam the Trustee of Kotak Education Foundation is wanted in scam and he is running a NGO
http://archive.indianexpress.com/news/fir-vs-kotak-mahindra-directors-stands/909...⇄
How does government allow any person involved in scam to operate a NGO