Tuesday, October 09, 2012

INSURANCE FOR CORRUPTION


Do not be shocked to see such advertisements some day in news papers

GOVT OF BANANA REPUBLIC
Ministry of Corruption and Scams
     CWG House, 2G Road, Adarsha Nagar, Coalgategram 420420
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Due to growing risks in present anti-corruption/scam situation and in the interest of common citizens of this republic, Govt have decided to provide insurance cover to “poor and patriotic” corrupt politicians and officers against risk of being exposed, caught and punished for indulging into corruption and scams.

The ministry invites sealed tenders from insurance companies from countries ranked as one of the top 50 corrupt countries in the world by TI for insurance cover broadly described as under:

Risks to be covered: 1. Caught red-handed 2. Disproportionate assets raids, 3. Arrest for corruption, 4. Suspension from service,  5. Dismissal from service, 6. Raids and investigation by prime investigating agencies, 7. Court or Lokayukta intervention,        8. Legal expenses to prolong court cases and escape punishment till natural death.      9. Loss of political business. 10 One day to life time jail due to corruption.   11 Death due to shock of punishment under anti-corruption laws, 12. Loss of reputation in society and country 13 Bribes to be paid to investigating agencies [including political handlers] for diluting the cases, 14 Expenses for managing media. 15. Other covers that Insurance companies may innovate for the benefit of poor corrupt citizens.

Range of covers:

“Petty” corruption upto 100 Lakh Crores
Medium value corruption from 101 Lakh Crores to 1000 lakh Crores
High value corruption for any amount above 1000 lakh Crores
Life time pension and family pension to those who are jailed for life time or die due to corrupt practices and whose corrupt assets are confiscated by courts.

Premium: Govt will pay 50% annual or life time premium from govt exchequer as welfare initiative and rest 50% will be borne by politicians and officers from corrupt money amassed so far. Insurance companies will pass on corrupt part of premium to party in power in cash or kind or in swiss bank accounts.

Private Citizens: Insurance companies will be free to sell such policies to private citizens also who become part of corruption and scams. However, Govt have no funds to pay premiums for such poor citizens of the republic.

Tender forms and detailed terms and conditions are available at e-tender site of this govt -- www.mcs.gobr.com
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This piece is a work of fiction intended to bring a smile to your face. It bears no connection to events and characters in real life.

Authored by J. P. Shah, Junagadh Gujarat  jpshah50@yahoo.co.in          09102012

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