Reborn as a Police Officer in India
Chapter 459: The Old Immortal Abolishes the Banknotes
Chapter 459: The Old Immortal Abolishes the Banknotes
For Roton, the matter concerning Cyrus can come to an end for the time being.
Because most of Cyrus's confidants have been captured, this matter will not be easy to end and will be a long-term battle.
Cyrus's counterattack will continue, and he will sue the Tata family later.
In short, he was very unwilling to be dismissed as the chairman.
This is completely different from previous resigned chairmen who left quietly.
In this regard, Rotten felt that Latan had underestimated Cyrus.
Perhaps in Ratan's opinion, after Cyrus was removed by the board of directors, Cyrus should accept his fate.
But who could have imagined that Cyrus would cause so many troubles later, making the matter bigger and bigger, causing the market value of Tata Group to plummet.
Even in the few years after the new chairman took office, Cyrus showed no sign of stopping and filed various lawsuits.
So it's no surprise that conspiracy theories emerged when Cyrus later died in a car accident.
Rotten didn't know the truth, but it was obvious that the Tata family could no longer tolerate what Cyrus had done.
If it were someone else, being pestered by such a guy and causing all kinds of trouble would probably be very unbearable.
In other words, it is entirely possible that the Tata family did something bad to him.
The Mistry family is a wealthy family in India with a long history that has been passed down for hundreds of years.
But they are far inferior to the Tata family. If the Tata family really wants to kill Cyrus, they can certainly do it.
The case was finally concluded as an accidental car accident. That makes perfect sense, doesn't it?
These things have nothing to do with Luoton. He just needs to slowly investigate the illegal activities of people like He Yemu.
It is not difficult to investigate these things. The main thing is the embezzlement of Tata Group assets. These guys all have a share and they cannot withstand investigation.
While everyone was paying attention to the major event of the removal of the chairman of the Tata Group, Luo Dun's mind was already on other things.
That is the old immortal's banknote abolition order that is about to come.
Once this policy comes out, there will be various marches and protests everywhere.
The opposition parties will definitely be excited.
There will definitely be action in big cities like Mumbai, and protest marches in such places will have a greater impact.
So, Rotun has to prepare for these.
He is the Commissioner of Mumbai Police and does not want anything serious to happen during this period, such as casualties.
Of course, Rawdon didn't say anything about stopping these marches.
This kind of thing is very normal in India, and the police generally don't care too much. After all, India is the largest democracy and its people have the freedom to march.
The most the police can do is to maintain public order. As long as these guys don't engage in looting and smashing, the police will let them do what they want.
This is what Rotten meant. He would not get involved in the struggles between these political parties. He only needed to do what the police should do.
Therefore, the police force must be fully prepared and ensure that all police officers are in place during these marches.
Whether there would be riots elsewhere, Rawdon didn't care.
But Mumbai is his territory, and he will never allow such a thing to happen.
Rawdon called together all the senior police officers in the Bombay police system and held a meeting.
Everyone thought that the content of this meeting at Luoton was mainly about the Tata Group, but it turned out not to be the case.
Rawdon mainly talks about the law and order issues in Mumbai.
These subordinates dared not slack off or neglect the orders given by Rotun.
Because they knew very well Rotun's temper, he would really be ruthless.
Anyone who dares to displease Roton will face a disastrous end.
Of course, due to a round of inspections by Pirandu some time ago, the Mumbai police system has replaced a lot of people.
Many of these people who have just come up were promoted by Rotun. Even if they are not related to Rotun, they have connections with Shiva.
Since they were promoted by Shiva, these guys knew clearly that they had to cooperate with Rotun's actions.
Everyone knows that Shiva and Rotun have a close relationship. They are Shiva's people, so naturally they are also on Rotun's side. Everyone can understand these things clearly.
The Mumbai police's actions were a bit dramatic, but no one paid much attention to it.
Because the current chief of the Mumbai Police is Rodon, seeing the police taking such actions, it is obvious that they are trying to improve the public security in Mumbai.
Many media outlets also gave it a lot of praise.
It has to be said that after Rodon took office, the security environment in Mumbai has improved a lot. This change is visible to the naked eye and is very obvious.
So in everyone's opinion, this time it was also a way for Roton to improve public security.
They never thought that Roton was planning to do this for the subsequent demonetization order.
The time soon came to August 11th.
That evening, the old immortal announced in a televised address to the nation that in order to combat corruption and rampant black money transactions, the old 500-rupee and 1000-rupee notes in circulation would be abolished, effective immediately from midnight that day.
That is to say, the circulation of the two currencies will be prohibited at midnight on the 9th.
The decision caught the public off guard.
In the past, if any policy was introduced, there would be some buffer time.
But this time, the old immortal completely overturned everyone's imagination and did not give everyone any time at all. It can be said that it was effective on the spot.
It is said that this is to prevent those powerful and corrupt elements from laundering their money, and it will take effect immediately, which means not giving them these opportunities.
Of course, this only means that two denominations of currency are prohibited from circulation. You can still exchange them at a bank, or deposit the money in a bank.
However, the redemption time is very short and must be completed within the specified period, otherwise it will be invalid.
Moreover, the exchange amount is also regulated.
The demonetization order stipulates that if the old notes deposited in the bank are below 25 rupees, the government will not trace the source of the funds.
If it exceeds this amount, it will be investigated, and if it is found that the amount stored is inconsistent with the reasonable income range, it will face a punitive tax of up to 60%.
More serious cases will be investigated.
These measures are aimed at combating black money.
Under normal circumstances, those officials and wealthy people would definitely not dare to deposit money in the bank themselves.
A lot of government officials’ money is not clean. Depositing large amounts in banks is obviously inconsistent with their income. Isn’t this walking into a trap?
It’s easy to deal with those who stand on the side of the People’s Party, but if they are on the side of the opposition party and this is discovered, will the People’s Party let them go?
As for the rich, a lot of their money is evaded through taxes. If they were asked to pay 60% tax, they would definitely not be willing to do so.
So everyone used the simplest method, which was to find someone to exchange them separately.
This method is a bit stupid, but it is the most effective.
With the abilities of people like them, there are plenty of ways to find a large number of poor people.
By simply giving these poor people a little bribe, they can circumvent the restrictions of the demonetization order.
The opposition parties immediately took to the streets.
For example, the Congress Party quickly used its own news media to severely condemn the government's demonetization policy for the inconvenience it had brought to people's economic lives.
The political parties opposing the abolition of currency policy mainly demanded that the abolition of currency policy be stopped and that Lao Xian apologize.
A spokesperson for the People's Party also came forward to explain these remarks.
A spokesperson for the People's Party said the opposition should unite to fight against black money and corruption, rather than resisting the abolition of old currency. This would be seen as shielding black money, a charge that would be difficult for the opposition to refute.
However, the opposition did not back down, and various boycotts and marches continued.
According to surveys, the vast majority of people in India support the demonetization policy because it is an effective way to combat black money, corruption and the threat of terrorism.
Since the source of these black money cannot be traced, it is very likely to become the operating funds of terrorists.
All of India is in chaos.
Bank branches, in particular, were packed.
India has a small number of bank branches and cannot cope with such a sudden bank run.
Everyone was scrambling to import and exchange money.
The police felt tremendous pressure.
The bank must maintain order.
Immediately afterwards, various marches and protests took place.
This kind of activity is not happening in one place, but in all states.
In major Indian cities such as Mumbai, Kolkata, and Bangalore, countless people held up placards and banners reading "Oppose the abolition of old currency" and "Give us back our normal life," and shouted slogans such as "Modi should withdraw the demonetization order."
Many opposition leaders even personally took part in the march and walked at the forefront.
Protests of varying sizes have been held in Uttar Pradesh, Kerala and other states in India. It can be said that this is a major event for the whole of India.
Needless to say, according to opposition news media reports, these were all spontaneous actions by the people to boycott the demonetization order.
But looking at the fact that these political party members participated in it and even took the lead in besieging government offices, you can see the value of this spontaneity.
The result of this demonetization order is actually quite good.
Afterwards, the support rate of the People's Party, especially Lao Xian, was greatly improved.
Although the policy caused great social unrest when it was first implemented, it demonstrated the BJP's determination to combat black money and corruption.
In the eyes of the people, the old immortal is courageous, dares to reform, and dares to take action against the powerful and wealthy.
Such leaders are worth supporting.
The demonetization order brought chaos to India's economy and added many inconveniences to people's lives, but these were basically forgiven by the people later.
Of course, the effect of the demonetization order in combating black money is definitely not that great.
As mentioned before, these powerful and wealthy people have great powers and use various methods to launder their money.
More than 500% of the 1000 and yuan banknotes were successfully exchanged.
However, the BJP doesn't really care about any of this because they got what they wanted.
That is, public support has risen sharply.
In the past, when these political parties made all kinds of promises and boasts, wasn’t their purpose to win over more voters?
The BJP doesn’t care whether black money is really combated or not.
What they care about is votes.
This farce has become a valuable political asset for Laoxian.
Perhaps it was because of the benefits he gained from this that the old immortal became addicted to it.
So a few years later, demonetization 2.0 was launched, which was another vigorous movement.
There were a lot of people marching in Mumbai, and the scale was very large. After all, it was secretly organized by the opposition parties, and these guys are very good at organizing these activities.
The Mumbai police were on high alert. Thanks to Rodan's previous order, the Mumbai police had been prepared for a long time.
Luoton is now the director, so he did not go to the scene in person. He just sat in the office and listened to the reports from his subordinates.
These marching groups are relatively honest.
The parade in Mumbai was organized by the Congress Party. The Congress Party stated that in order to maintain the normal life and business activities of the people and reduce unnecessary losses, they only support demonstrations and do not support protests such as strikes.
Smashing and looting are not allowed, which means peaceful marches and rational demonstrations are required.
Speaking of which, opposition marches in other places have not mentioned these things. There have been many cases of looting, smashing and burning, and many people have been killed and injured. It can be said that society is in turmoil and chaos.
The reason why the Congress Party is so understanding is not really as nice as they say, but for one reason only, that is, this is Rawdon's territory.
When they were organizing the parade, they sent someone to inform Rawdon.
Given Rotun's power, if he intervened, their march plan would probably be difficult to implement.
Therefore, the Congress Party needs to communicate with Rodon first.
Mumbai is such an important place that marches here are much more effective than those in other places.
To the surprise of the Congress Party, Rodon did not object to their organizing a march.
However, Rotun also put forward his own conditions, which was that the march must be reasonable and no disturbances, especially looting and smashing, were allowed.
If something like this happens, the police will use coercive measures.
That’s why the Congress Party made those statements.
The uninformed public thought that the Congress Party was indeed considering the people and that this was a peaceful march.
This actually helped the Congress Party gain a lot of favor among the people.
After all, compared with the chaotic parades in other cities, the ones in Mumbai really appeared to be very orderly and peaceful, and did not cause any impact on people's lives.
"Is everything okay?" Rotten asked casually after the office director came in.
"Director, the protesters are very well behaved. With you here, who would dare cause trouble?" the director said with a smile. "They're currently staging a sit-in protest in front of the offices and residences of relevant People's Party officials."
"Keep watching. We can't let our guard down as long as the parade is not over," said Rawdon.
"Yes, Chief, everything has been arranged and there will be no problems," said the director.
The people below really didn't dare to be careless. He knew that even the district police chiefs had taken action personally.
This is the power of my superior.
Although the commander is young, no one dares to underestimate him.
"However, Chief, the number of reported cases in the jurisdiction has suddenly increased a lot recently," said the director.
"Huh? Very serious?" Rotten frowned.
An increase in the number of cases is not a good thing. Doesn't it mean that there is a problem with public security in your jurisdiction?
"No, no, no, that's not the case. I just think these cases are funny, and they are basically the same," said the director.
"What case?" Rotten was a little curious.
If it's not a serious case, then there won't be any problem.
In India alone, there are so many cases, big and small.
As long as it is not a case that is widely reported by the news media and has a very bad impact, the police will do nothing and no one will care.
Roton didn't want any major cases to happen in his jurisdiction, as this would have a huge negative impact on his glorious image.
"The number of women reporting domestic violence and rape to the police has increased several times compared to usual," the director said. "Director, you might not realize how much this demonetization has affected these housewives."
"What do you mean?" Rawdon was stunned. "What do these cases you mentioned have to do with the demonetization order?"
He was a little confused. These things were completely unrelated, right?
(End of this chapter)
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