Delhi Government Financial Commissioner, Rakesh Mohan, an IAS officer was arrested for accepting a bribe of thirty million rupees from a contractor in exchange of giving him a juicy government contract. Apparently he asked the fellow to buy a house in Los Angeles and then take out a special power of attorney in his son's name so that his son could borrow that amount against the property. Very clever. Bad luck he got caught. First International Curacao Bank was shut down in the Netherlands last year on charges of money laundering but the same fellows started a software firm called Transworld ICT Solutions Pvt Ltd in India which laundered over nine billion dollars for persons in India. The Central Bureau of Investigations ( CBI ) is asking for powers to scrutinise financial accounts of 'highly influential' persons, probably a euphemism for politicians and civil servants. It appears that the CBI is barred fron scrutinising the accounts of these people by ' strict privacy laws '. These people can send any amount of money to Swiss banks without having to answer any question while we have to go running if any two penny government fellow calls us. No wonder there is great pressure for capital account convertibility for the Indian rupee. Make it easier for the villains to tax us into penury and enjoy our money abroad.