Fundamental Difference Of “IT To Root-Out Corruption…..”

There are many (specially in the last decade or so) who propose biometric identity technology to combat terrorism or the bank accounts credit card money fraud and many such ID forgery related crimes. Some of those research as well commercial biometric security websites that I found in my Google search given in the following;

http://www.rand.org/pubs/issue_papers/IP218/
www.rand.org/pubs/issue_papers/IP218/IP218.pdf
http://www.banking.com/aba/cover_0197.htm
http://www.researchandmarkets.com/reports/c4206/
http://findarticles.com/p/articles/mi_m0EIN/is_/ai_80092474
www.celent.com/PressReleases/20060329(2)/BiometricsJapan.htm

However the fundamental difference to all those above proposals(with my due respect) to my proposal of “IT To Root-Out Corruption, Terrorism …….,” is that the latter unites the Biometrics with the Electronic Money Transaction technology under the title of “IT” (Information Technology) and proposes Mandatory Biometric Identity (MBID) in all bank accounts together with making all money transactions above a given amount directly only through bank accounts named Mandatory Electronic Money Transaction (MEMT) to root-out the entire range of corruption and the crimes as we see it today.

However to make it more adaptable or feasible in the present world situation my immediate “IT…,” proposal before the Government is; to make it compulsory the buying and selling (money transactions) of all financial, communication, social and national “SECURITY” matters such as credit card, large sums of money, phone connection, SIM card, driving license, voters ID, arms and ammunitions guns, explosive etc, only directly through the bank accounts having the persons biometric identity. This can significantly eradicate all those corruption crimes which most importantly includes the terrorism that our world witnessing today.


Valerian Texeira
St. Joseph Nagar
Mangalore -575002
India
http://www.anticorruption-it.info
http://i-opinion-about.blogspot.com

NIA India Needs Biometrics to Eliminate Terrorism

Prompted by the Mumbai terror attack with its intense political pressure the Indian Government introduced two bills to set up a National Investigation Agency (NIA) on Tuesday (16th Dec 2008). See one of its reports in http://article.wn.com/view/2008/12/17/Centre_to_decide_cases_NIA_will_probe/?section=TopStories&template=cheetah-photo-search%2Findex.txt

However the most important thing the government needs to give to the NIA in order successfully combat terrorism is to “bring in Mandatory Biometric Identity MBID in all bank accounts thereby making the buying and selling (money transaction) of things of important security (financial, social, communication, national) matters, most importantly cell phones, SIM, guns, explosives etc, also the credit cards and large sums of money (say above 10,000 Rs. Or 1000 dollars), only directly through ones bank to the others bank accounts. Installation of this Mandatory biometric and electronic money transaction combined technology in all bank accounts enable the Government law enforcement to get the fingerprint evidence record linking the terrorist leaders or its network. Most importantly in a MBID in all bank account system, a BID of any suspect can enable the law enforcement agencies to effortlessly and most certainly find out every bank accounts credit cards that person having in every banks (national international) and similarly all the other bank accounts BID and account details that transacted with it, i.e. the infallible biometric identity of the people who supplied finance, logistics, weapons used in the terrorist attack. Thereby the irrefutable evidence to identify, arrest and convict all of them their entire network so to root-out terrorism. – Anyhow I wish the NIA all the success in its mission.

Valerian Texeira
St. Joseph Nagar
Mangalore – 575002
India

http://www.anticorruption-it.info

Corruption Causes Terrorism: Biometrics To Eliminate It

CORRUPTION is the root-cause of Terrorism. Corruption leads to social injustice, unrest that gives birth to extremism and the terrorism. Ironically it is the same corruption that gave birth to terrorism also basically facilitates the terrorist attack. In this regard, its Money-Laundering arm, which mainly provides basic sustenance,(cash, credit card for food, shelter etc) logistics (training and other facilities, communication, cell-phone SIM card, transport vehicles etc) arms and ammunitions (guns explosives etc) for the terrorist attack.

Above all it is the corruption that basically enables the terrorist leaders to leave no concrete evidence that links them to the crime. Almost all those who have been suspected as its leaders or top brass, ordering or supplying finance and logistics to it nevertheless by corruption they are able to leave no concrete evidences behind, which otherwise would have undeniably linked them to it. The captured terrorist confessions or their satellite phone call tracing from one to the other country would not meet the international standards as the undeniable evidence, unless some other concrete corroborative evidences to prove it. Therefore, even if the Governments law enforcement arrest them mainly on the basis of the captured terrorists confession (public, international pressure of course!) it won’t stand as enough or credible evidence in the court of justice under the rules of law. So the courts eventually let them go free due to the lack of some undeniable or concrete evidence of their involvement in the attack. Mumbai terror attack and its aftermath show us its glaring example.

However there are technologies available and very much used in the IT field today can absolutely record the irrefutable evidence or proof of the terrorist leaders or its top officials, their concrete fingerprints (literally) in the finance and logistics used in the terror attack. Believe it or not the government can easily (comparative) accomplish this task simply by bringing in Mandatory Biometric Identity (MBID) in all bank accounts thereby making the buying and selling (money transaction) of things of important security (financial, social, communication national) matters, most importantly cell phones, SIM, guns, explosives etc, also the credit cards and large sums of money (say above 10,000 RS. Or 1000 dollars), only directly through ones bank to the others bank accounts. First of all it is impossible to any one to fake and produce forge Biometric Identify (BID). Which when combined into the persons bank account can absolutely record the concrete electronic money transaction trail in the bank accounts records of the terrorist leaders (or their officials) who supplied the finance and the logistics for the terror attack. The BID can absolutely find out all the bank accounts credit cards they have in every other banks and all the others bank accounts that transacted with it along with all those account details. It will provide more than enough undeniable evidences to arrest and convict the entire terror network thereby to root out terrorism. What really needed is the political will to get it done.

Valerian Texeira.
St. Joseph Nagar
Mangalore – 575002
India

http://www.anticorruption-it.info

Corruption The Root-Cause of Terrorism

CORRUPTION leads to social injustice, unrest that gives birth to extremism and the terrorism. Ironically it is the same corruption once again that makes the terrorist attack possible. In this regard, particularly its Money-Laundering, which most importantly provides its basic sustenance, (cash, credit card for food, shelter etc) logistics (training and other facilities, communication, cell-phone SIM card, transport vehicles etc) arms and ammunitions (guns explosives etc) for the terrorist attack.

However it would be impossible for the terrorist leaders or the top brass to escape detection from the law enforcement while carrying out all the above mentioned terrorist finance activities unless they successfully disguises and hide themselves from the detection of law. What make it possible basically is the use the fake or forged ID (or having no ID at all) in obtaining all those things mentioned above (specially phone connections, credit card, arms and ammunitions) which then used as deadly terror weapons but leave no concrete evidence or the fingerprint records of its purchase by the terrorist network mainly by its leadership. Therefore it enables them to escape from the legal identification, detection arrest the most importantly from the conviction.

Therefore the prevention of corruption particularly the elimination of fraud or fake ID is utmost important to prevent the terrorist attack. The conventional ID containing name address and signature document of a person very much prone to fraud or security breach. As the corruption perpetrators can successfully forge it and produce all kinds of fake or bogus ID documents. However by adding the Biometric Identity (BID) into it can absolutely prevent any one from faking it.

Therefore in order to combat terrorism hiding behind the fake ID or no ID the governments first of all needs to get rid of corruption in the ID area by bringing in a policy of compulsory or Mandatory Biometric Identity MBID) in all bank accounts and any one buying, selling or transferring important financial, social, communication and national SECURITY matters like credit cards, voters ID, driving license, phone connection (including cell-phone, SIM card etc), weapons, explosives, drugs or any big transfer of money or asset should do its money transaction only through their bank to the others bank account. Finally to conclude it in once sentence; ‘it will successfully end the menace of fake ID in security matters thereby root-out corruption along with terrorism.

Valerian Texeira
St. Joseph Nagar
Mangalore -575002
India
http://www.anticorruption-it.info

Biometric Identity In All Bank Account Need - To Convict Terrorist Leaders

The greatest difficulty in arresting and convicting the terrorist leaders in order to prevent the terrorist attack is; almost all those who have been suspected as its leaders or top brass, ordering or supplying finance and logistics to it nevertheless able to leave no concrete evidence behind that can concretely link them to it. The captured terrorist confessions or their satellite phone call tracing from one to the other country (India Pakistan) would not meet the international standards as the undeniable evidence unless some other concrete corroborative evidences to prove it. Therefore, even if they arrest them mainly on the basis of the captured terrorists confession it won’t stand as enough or credible evidence in the court of justice under the rules of law, so the courts eventually let them go free due to the lack of some undeniable or concrete evidence of their involvement in the attack. The 22/11/08 Mumbai terror attack and its aftermath blame game between India Pak in vain, shows us its glaring example.


However there are technologies available and very much used in the IT field today can absolutely record the irrefutable evidence or proof of the terrorist leaders or its top officials, their concrete fingerprints (literally) in the finance and logistics used in the terror attack, whether they like it or not! Believe it or not the government can easily (comparative) accomplish this task simply by bringing in Mandatory Biometric Identity (MBID) in all bank accounts thereby making the buying and selling (money transaction) of things of important security(financial, social, communication national) matters, most importantly cell phones, SIM, guns, explosives etc, also the credit cards and large sums of money (say above 10,000 RS. Or 1000 dallars), only directly through ones bank to the others bank accounts. First of all it is impossible for any one to make or produce a forged Biometric Identify (BID). Which when combined into the persons bank account can absolutely record the concrete electronic money transaction trail in the bank accounts records together with the the irrefutable BID of the terrorist leaders (or their officials) who supplied the finance and the logistics for the terror attack. The BID can further find out absolutely all the bank accounts credit cards they may have in every banks and the BID’s of every one of those bank accounts and its details that transacted with it. It will provide more than enough undeniable evidences to arrest and convict the entire terror network thereby to root out terrorism. What really needed is the political will to get it done.

Valerian Texeira.
St. Joseph Nagar
Mangalore – 575002
India

http://www.anticorruption-it.info

Mumbai Terror Attack Letter to Arundhati Roy, Guardian

Date: 13th December 2008

To,
The Guardian Userhelp
userhelp@guardian.co.uk
www.guardian.co.uk/world/2008/dec/12/mumbai-arundhati-roy

Dear Sir,

Sub: A request to forwad this post to the author Arundhati Roy.

This post encouraged by The author on the Mumbai terror attacks and India's response titled: "Arundhati Roy: Mumbai was not our 9/11" on friday
12 December 2008.

It is the best article that I have ever read on the Mumbai terror attack from Indian perspective. I would very much like to congratulate the author that I mostly share her view and like to write it to her. Here I request you if possible please forward this post to her containing my perspective (below the asterisk) on this entire matter. Also my regards to her.

Regards,
Valerian Texeira
St.Joseph Nagar
Mangalore - 575002
India.
http://www.anticorruption-it.info
http://i-opinion-about.blogspot.com

***********************
Title:
Corruption and Terrorism Very Much Connected

OR

(Fake-ID Enables Terrorism: Biometric-ID Disables it)

This is my perspective comment on the article titled: Mumbai was not our 9/11" in Guardian <www.guardian.co.uk/world/2008/dec/12/mumbai-arundhati-roy> on Friday 12 December 2008.

To sum it all, CORRUPTION is the root-cause of Terrorism. Corruption leads to social injustice, unrest that gives birth to extremism and the terrorism. Ironically it is the same corruption once again that makes the terrorist attack possible. In this regard, its Money-Laundering hand, which mainly provides basic sustenance,(cash, credit card for food, shelter etc) logistics (communication, cell-phone SIM card, transport vehicles etc) arms and ammunitions (guns explosives etc) for the terrorist attack.

However corruption especially its terrorism wing can not escape detection from the law enforcement while carrying out all the above mentioned activities unless it successfully disguises and hide itself from the detection of law by leaving no concrete evidence or recoded proof of the money trail or the terrorist finance. What really enables it to do it successfully is the use the fake or forged ID (or having no ID at all) in obtaining all those things mentioned above (specially phone communication arms and ammunitions) which then used as deadly terror weapons.

The use of fake ID documents in obtaining the things like cell-phones credit cards, guns, explosive used in the terror attack and having no concrete money trail evidence of it that can link to the top brass of the terrorist today blocks the arrest and conviction of the main suspect leadership. Therefore preventions of fraud or fake ID is the paramount important requirement of preventing the terror attacks.

The conventional ID containing name address and signature document of a person very much prone to fraud or security breach. As the corruption perpetrators can successfully forge it and produce all the fake or bogus ID documents. However by adding the Biometric Identity (BID) into it can absolutely prevent any one from faking it.

Therefore in order to combat terrorism successfully the governments needs to bring in a policy of compulsory or Mandatory Biometric Identity MBID) in all bank accounts and any one buying, selling or transferring important financial, social, communication and national SECURITY matters like credit cards, voters ID, driving license, phone connection (including cell-phone, SIM card etc), weapons, explosives, drugs or any big transfer of money or asset should do its money transaction only through their bank to the others bank account. Finally to conclude it in once sentence; ‘it will successfully end the menace of fake ID in security matters thereby root-out corruption along with terrorism.

Valerian Texeira
St. Joseph Nagar
Mangalore -575002
India
http://www.anticorruption-it.info
http://i-opinion-about.blogspot.com
PS. This post will be published in the blog site. I am extremely aware my English writing not anywhere near to the authors standards.

Mumbai Terror Attack Letter to Outlook India

To,
The Editor
Outlook India.Com
AB-5 Safdarjung Enclave
New Delhi -110029
http://www.outlookindia.com/pti_news.asp?id=643072
mail@outlookindia.com

Dear sir,

This is in response to many of your news reports of 26th November 2008 Mumbai terror attack particularly the recent on 6th December 2008 titled; “Two arrested in Mumbai terror probe, bought SIM used by ultras” http://www.outlookindia.com/pti_news.asp?id=643072 .

Here let me present my proposal to prevent such terror attacks.

The government should first of all bring in a policy or legislation that; any one buying or selling important security matters or things, like phone connection including cell phone, SIM card also weapons, explosives, drugs credit cards, or any big transfer of money or asset should do it only directly through their bank to the others bank account. And most importantly all the bank account should have Biometric Identity (BID) mainly the “fingerprints” to identify it. I call it Mandatory Biometric Identity (MBID) policy in all bank accounts. In this way it will make it impossible for any criminals including the terrorist to buy the above mentioned security matters with fake ID documents. This can greatly help to track down and catch the terror culprits by the payment they make for the things used in the terror attacks.

For example, in the world today when any phone call received, the technology undoubtedly enables the law enforcement to find out the callers phone number, the companies name thereby the name address and signature and other ID documents given by the person who purchased it as its owner. This greatly helps to track down and catch the culprits who committed crime using that phone.

Similarly by employing the advanced BID technology in the banking system the way I mentioned above will undoubtedly enable the law enforcement to pick up the lead from the suspects phone number directly to the bank account number (having the BID) from which the phone had been purchased. It is impossible to fake or forge the BID therefore most importantly it will enable the law enforcement to unmistakably find out all the bank accounts, or credit card in the country registered under this BID. So the law enforcement easily go through every money transaction conducted through all those bank accounts and credit cards having that particular BID thereby to find out any of its money transactions linked to this crime. Also every other bank accounts that conducted money transaction with it. In this way the law enforcement can investigate and find out the details of all the money transactions of the entire criminal network recorded in their BID bank account.

The great advantage of having the MBID in the banking system for the law enforcement that they can conduct most of their crime investigation effortlessly without even the suspects ever knowing whether they are or have been under the investigation! Moreover, the BID bank account details enable the investigator to decide whether the crime suspect are guilty or not guilty and to what extent. The payments for the things used in the crime directly made from a bank account contain the person BID forms the undeniable evidence that qulifies or satisfies the international standards. So to finally arrest and successfully convict the culprit. So to root out the corruption that in itself give rise to major crimes including terrorism.

Valerian Texeira
St. Joseph Nagar
Mangalore -575002
India
http://www.anticorruption-it.info
http://i-opinion-about.blogspot.com

Mumbai Terror Attack Letter To Bloomberg

Date:8th December 2008.

To,
Vipin V. Nair
http://www.bloomberg.com/apps/news?pid=20601087&sid=avCjdA14VaQg&refer=home
vnair12@bloomberg.net

This is in regard to your news report titled “India Cuts Death Toll in Mumbai Terror Attacks to 163” on 6th December 2008. Among other things it reports about the SIM card used in the terror purchased by the unscrupulous people with fake or forged ID documents. Its ends with the words “ends with the statement; “waiting for concrete proof to be handed over.” Here my proposal of a new technical way of getting the concrete evidence or proof, which meets the International standardsthe so to arrest and convicting the culprits behind with the terror attacks.


It is a well known fact that the terrorist use of phones particularly the cell phones as one of their most lethal weapon in coordinating and mounting their gruesome terror attacks. To deter it the government places some strong security checks to make sure the identity of the person buying those phone connections. The buyers required to produce their voters photo identity cards and other related documents to get the phone connections including the SIM cards. However these kind of ID requirements mostly fail in prevent the unscrupulous people buying the phone connection with fake or forged ID document. In my opinion this kind of fake or bogus identity in security matters will continue unabated unless the Government place some new kind of ID security check requirement to prevent it.

Here is my suggestion to prevent the criminals from using the forged or bogus ID. The Government should bring a policy that any one buying or selling important security matters like credit cards, phone connection, or the SIM card (including its recharge), weapons, explosives, drugs or any big transfer of money or asset should do it only through their bank to the others bank account. And most importantly all the bank account should have biometric identity mainly the “fingerprints” to identify it. I call it Mandatory Biometric Identity (MBID) policy in all bank accounts. In this way it will make it impossible for any one to buy a phone connection or other security matter with fake identity including to the Mumbai terrorist. And perhaps they would not have able to carry out that Mumbai terror attacks at all.

Now some one may argue, those committed to the terrorist cause would obtain those security matters like phone connection, etc, at any cost even buying it from their own MBID bank account! Of Course it is a possibility. However if it happens then the law enforcement with the help of the MBID technology in all bank accounts can immediately track down and look into all the details of the money transaction of that account and get all its record evidences effortlessly. It will enable them to arrest and convict cuprites with great success.

Take for example the two suspect who supplied the SIM used by the Terrorist. If the BID policy in place then the law enforcement would have immediately tracked down, entreated and look into all details of the money transaction of the suspects account. From which any other bank accounts or credit cards through out the country having their MBID. Most importantly the purchase of all their phone connections including SIM cards, any weapons or explosives or any things bought under any of these accounts. They would have accomplished it effortlessly without even the suspects knowing whether they are under the investigation! From the available bank money transaction records the law enforcement able to decide whether their suspect are guilty or not guilty and to what extent. So they can finally arrest and successfully convict the culprit. Or they can produce these concrete recorded bank money evidence that meets the international standard before the world governments to expatriate the suspects (if they are outside the county) for the trial to convict them.

So when the MBID in all bank account policy placed in all countries in the world it will successfully combat and eradicate terrorism and the corruption or the wicked human crimes as a whole. To know more on this subject matter search “IT To Root-Out Corruption”

Valerian Texeira.

http://www.anticorruption-it.info
http://i-opinion-about.blogspot.com/2008/12/biometric-identity-in-bank-accounts.html

Biometric Identity to Prevent Forged ID’s Used in Crimes.

This is mainly in regard to the news media report on 6th December 2006 that the Mumbai Anti Terrorist Squad (ATS) have arrested two terror suspect who with fake or forged ID documents purchased the SIM card later used Mumbai terror attack.

It is a well known fact that the terrorist use of phones particularly the cell phones as one of their most lethal weapon in coordinating and mounting their gruesome terror attacks. To deter it the government places some strong security checks to make sure the identity of the person buying those phone connections. The buyers required to produce their voters photo identity cards and other related documents to get the phone connections including the SIM cards. However these kind of ID requirements mostly fail in prevent the unscrupulous people buying the phone connection with fake or forged ID document, which is exactly what had happend. In my opinion this kind of fake or bogus identity in security matters will continue unabated unless the Government place some new kind of ID security check requirement to prevent it.

Here is my suggestion to prevent the criminals from using the forged or bogus ID. The Government should bring a policy that any one buying or selling important security matters like credit cards, phone connection, or the SIM card (including its recharge), weapons, explosives, drugs or any big transfer of money or asset should do it only through their bank to the others bank account (by the credit card, or electronic money transaction it also includes bank D/D or the check). And most importantly all the bank accounts should have biometric identity mainly the “fingerprints” to identify it. I call it Mandatory Biometric Identity (MBID) policy in all bank accounts. In this way it will make it impossible for any one to buy a phone connection or other security matter with fake identity including to the Mumbai terrorist. And perhaps they would not have able to carry out that Mumbai terror attacks at all.

Now some one may argue, those committed to the terrorist cause would obtain those security matters like phone connection, etc, at any cost even buying it from their own MBID bank account! Of Course it is a possibility. However if it happens then the law enforcement with the help of the MBID technology in all bank accounts can immediately track down and look into all the details of the money transaction of that account and get all its record evidences effortlessly. It will enable them to arrest and convict cuprites with great success.

Take for example the two suspect who supplied the SIM used by the Terrorist. If the BID policy in place then the law enforcement would have immediately tracked down, entreated and look into all details of the money transaction of the suspects account. From which any other bank accounts or credit cards through out the country having their MBID. Most importantly the purchase of all their phone connections including SIM cards, any weapons or explosives or any things bought under any of these accounts. Further down all the other bank accounts that it made its money transactions with. It may lead into to the investigation of finding details of all those bank accounts. Similarly the investigation of all the phone call contact numbers. So the entire network of the terror suspect come under the ATS’s (law enforcement agencies) scanner. They would have accomplished it effortlessly without even the suspects knowing whether they are under the investigation! From the available bank money transactions, phone contact number and other such records the law enforcement able to decide whether their suspect are guilty or not guilty and to what extent. So they can finally arrest and successfully convict the culprit. They can produce these concrete recorded bank money transaction evidence of buying things used in the terror attack that meets the international standard before the world governments In case they need to expatriate the suspects from abroad for the trial to convict them.

So when the MBID in all bank account policy placed in all countries in the world it will successfully combat and eradicate terrorism and other crimes that mainly stems from corruption. To know more on this subject matter search “IT To Root-Out Corruption”

Valerian Texeira.

http://www.anticorruption-it.info
http://i-opinion-about.blogspot.com/2008/12/biometric-identity-in-bank-accounts.html

Biometric Identity In Bank Accounts Policy to Counter Terrorism

Immediately after every major terror attack there comes the outburst of public anger and grief the leaders condemnation and the assurances among other things to bring the culprits to justice!

There is absolutely no doubt that some powerful terror groups behind the Mumbai terror attack. The news reports Laskar-e- Toiba is the main suspect its main evidence comes from the captured terrorist’s (Ajmal Kasam) reported confession! However the “confessions” can not be considered enough or genuine evidence that satisfy the international standards to arrest and expatriate the alleged person unless there is some concrete collaborative evidence to place it before the impartial (international) court of Justice!

So the main question is; do the intelligence agencies have any other concrete evidence in the form of record document signed by any of those known (or unknown) terror leaders ordering this attack? Perhaps it is unwise to expect such recorded documents of terror attacks. However believe it or not, there remain a possibility of a concrete recorded evidence of money transaction documents having the sign or the fingerprints (biometric identity) that can mistakably identify people who financed or supplied weapons an other logistical supports for this terrorist attack! Today there are two extraordinary IT anticorruption/antiterrorism technologies widely available that can record every money transactions along with the biological identity of the persons who conducting these money transaction WHETHER THEY LIKE IT OR NOT!

Let me present the two extraordinary anticorruption/antiterrorism IT solutions available today that in my opinion can enable the Governments to concretely or physically track down, identify and capture the main culprits behind the terrorist finance. The first one is ‘to Make Biometric Identity (mainly fingerprint) Mandatory or Compulsory In All Bank Accounts’. I name it as; Mandatory Biometric Identity (MBID). The second one is to ‘conduct all money transaction above a given amount only by the electronic money transaction through ones bank to the others bank account named Mandatory Electronic Money Transaction (MEMT). For more details search “IT To Root-Out Corruption”.

Among the two, the first “MBID in all bank account” is primarily important. It also very much feasible, more easier and less expensive compared to many other antiterrorism measures that exists or being proposed today. Under the MBID in all bank account policy, no large sums of cash money or assets allowed to get transported, transfered or handed over to one to another except it is done through ones bank to the others bank account. This monetary regulation said be already in place in many countries. What’s more in the MBID policy is buying of important security matters like credit cards, phones its SIM cards and the recharge, drugs, weapons, explosives etc, should be also included it. The MBID in all bank account policy alone can significantly prevent the money laundering which is the main source of terrorist finance and the logistics intricately linked with it! If the MBID gets implemented first then the MEMT will inevitably follow sooner or latter.

The terrorist leaders, its top brass, organizations, at one stage or the other stage of their money transaction needs to have one or several bank accounts to deposit/withdraw its money, to send it to different terror locations buy weapons and other logistic to support the terror attack. We know today with the help of the available advance IT technologies the law enforcement agencies able to track down, identify and find from where also from which device the terror email had been sent or the phone number from which the anonymous terror call had been made and its other details. Similarly the MBID technology placed in all bank accounts can enable the law enforcement to detect, identify and track down every one involved in these terror finance and logistics with the individuals undeniable biometric identity fingerprint on it. It can be produced before the court of justice as the undeniable evidence to arrest and convict the main terror culprits. This will undoubtedly stifle down most of the terrorist finance along with it the organized acts of terrorism.
I have given some more details on this matter in my post http://i-opinion-about.blogspot.com/2008/10/terrorist-strike-marriot-it-to-root-out.html.

Above all terrorism today is a Global phenomenon. So much so when it comes to international “money laundering” the main source of terrorist finance. Among others the illegal drug trade known to have close links with all of it. Therefore it is mainly the responsibility of worlds leading nations First of all to implement the MBID in all bank accounts in their respective countries to prevent this global terrorism and the rest of the world will follow the lead. What really needed is the “political will” to get it done.

I hope this information would at least add to our knowledge about this entirely new kind approach of combating terrorism in our future perspectives.
Valerian Texeira.

http://www.anticorruption-it.info
http://i-opinion-about.blogspot.com

Mumbai Terror Lashkar? A Way To Produce Its Undeniable Evidence

There is absolutely no doubt that some powerful terror groups behind the Mumbai terror attack. The media reports Laskar-e- Toiba is the main suspect its main evidence comes from the captured terrorist’s (Ajmal Kasam) reported confession to the police! However the “confessions” can not be considered as enough or undeniable evidence to arrest and expatriate the alleged person unless there is some concrete collaborative evidence to place it before the impartial (international) court of Justice!

So the main question is; do the intelligence agencies have any other concrete evidences in the form of recorded document signed by any of those known (or unknown) terror leaders ordering this attack? Of course it is unwise to expect such recorded documents of terror attacks. However believe it or not, today there are IT technologies widely available that can keep the physical record of every bank money transactions along with the biometric identity (fingerprints) of the persons who conducting any money transaction WHETHER THEY LIKE IT OR NOT! These IT technologies can be used to track down, arrest and convict the people engaged in money laundering or the illicit money transaction the main source of terrorist finance.


Let me present the two extraordinary anticorruption/antiterrorism IT solutions, which in my opinion can enable the Governments to concretely or physically track down, identify and capture the main culprits behind the terrorist finance. The first one is ‘to Make Biometric Identity (mainly fingerprint) Mandatory or Compulsory In All Bank Accounts’ I name it as; Mandatory Biometric Identity (MBID). The second one is to ‘conduct all money transaction above a given amount only by the electronic money transaction through ones bank to the others bank account named Mandatory Electronic Money Transaction (MEMT). For more details search “IT To Root-Out Corruption”.

Among the two, the first “MBID in all bank account” is primarily important. It also very much feasible, more easier and less expensive compared to many other antiterrorism measures that exists or being proposed today. Under the MBID in all bank account policy regulations, no large sums of cash money allowed to get transported or handed over to one to another except it is done through ones bank to the others bank account. This monetary regulation said be already in place in many countries. What’s more in the MBID policy is buying of important security matters like credit cards, phones, weapons, drugs etc, should be included it. The MBID in all bank account policy alone can significantly prevent the money laundering which is the main source of terrorist finance and the logistics intricately linked with it! If the MBID gets implemented first then the MEMT will inevitably follow sooner or latter.

The terrorist leaders, its top brass, organizations, at one stage or the other stage of their money transaction needs to have one or several bank accounts to deposit/withdraw its money, to send it to different terror locations buy weapons and other logistic to support the terror attack. We know today with the help of advance IT technologies the law enforcement agencies able to track down, identify and find from where also from which device the terror email had been sent or the phone number from which the anonymous terror call had been made and its other details. Similarly the MBID technology placed in all bank accounts can enable the law enforcement to detect, identify and track down every one involved in these terror finance and logistics with the individuals undeniable biometric identity fingerprint on it. It can be produced before the court of justice as the undeniable evidence to arrest and convict the main terror culprits. This will undoubtedly stifle down most of the terrorist finance along with it the organized acts of terrorism.
I have given some more details on this matter in my post http://i-opinion-about.blogspot.com/2008/10/terrorist-strike-marriot-it-to-root-out.html.

Above all terrorism today is a Global phenomenon. So much so when it comes to international “money laundering” the main source of terrorist finance. Among others the illegal drug trade known to have close links with all of it. Therefore it is mainly the responsibility of worlds leading nations First of all to implement the MBID in all bank accounts in their respective countries to prevent this global terrorism and the rest of the world will follow the lead. What really needed is the “political will” to get it done.
Valerian Texeira.

http://www.anticorruption-it.info
http://i-opinion-about.blogspot.com

Please Stop The Blame Game Over Mumbai Terror Attack

Let us please stop the blame game over the Mumbai terror attacks instead we need to find out some solution to combat it. In my opinion to prevent such terror attacks one must first need to eliminate the international network of money laundering (basically illicit money transaction) the principle source of terrorist finance the main culprit behind these terror attacks.

In this regard here I propose two extraordinary anticorruption/antiterrorism IT solutions, which in my opinion can enable the Governments to successfully track down, identify and capture the culprits behind the international money laundering, terrorist finance. Also the training, weapon and other logistic suppliers for the terror attack! The first one is ‘to Make Biometric Identity Mandatory or Compulsory In All Bank Accounts’ I name it as; Mandatory Biometric Identity (MBID). The second one is to ‘conduct all money transaction above a given amount only by the electronic money transaction through ones bank to the others bank account named Mandatory Electronic Money Transaction (MEMT). For more details search “IT To Root-Out Corruption”.

Among the two, the first “MBID in all bank account” is primarily important. It also very much feasible, more easier and less expensive compared to many other antiterrorism measures that exists or being proposed today. The MBID in all bank account policy (it includes buying of important security matters like credit cards, phones, weapons, drugs etc, in it) alone can significantly prevent the money laundering which is the main source of terrorist finance! If the MBID gets implemented first then the MEMT will inevitably follow sooner or latter.

Above all terrorism today is a Global phenomenon. So much so when it comes to international “money laundering” the main source of terrorist financing. Among others the illegal drug trade known to have close links with all of it. Therefore it is mainly the responsibility of worlds leading nations First of all to implement the MBID in all bank accounts in their countries to get rid of moneylaundering so the terrorist finance and the rest of the world will follow the lead.What really needed is the “political will” to get it done.

Valerian Texeira

PS. This post was inspired by the readers comments in the Global Voice
globalvoicesonline.org/2008/11/29/pakistan-mumbai-terror-blame-game-and-the-blogospheres-perspective/ - 117k -

Mumbai Terror Main Culprit Terrorist Finance.

The main culprits behind the Mumbai terrorism attack undoubtedly are those on its top who primarily FINANCE these attacks. It is they who remotely control and run these terrorists network and send orders to its cells that finally carry out the attacks. However these top terrorist bosses always remain far away from the scene not directly involved in the attack and most importantly they leave no concrete evidence of their financial transaction behind these terrorist attacks. In other words there remains no concrete record evidence, which proves it their money that financed that attack. So those culprits continue to remain evidently untraceable, un-connectable, no concrete money trail proofs to show thus out of the reach of the law!

It happens mainly because the world Governments so far have failed to install the available anticorruption/antiterrorism IT techniques or mechanisms that can absolutely keep the records of all such illicit money transactions (includes the money laundering the main source of the terrorist finance) along with the culprits biometric identity as its concrete evidence to prove it before the law. So the government law enforcement becomes mostly incapable of tracking down nabbing and convicting the culprits behind the terrorist finance. As a result such terror attacks continue mostly unabated specially in countries such as India.

Having said this, let me present the two extraordinary antiterrorism IT measures, which can mostly prevent the money laundering so the terrorist finance. The first one is; ‘to Make Biometric Identity Mandatory or Compulsory In All Bank Accounts’ I name it as; Mandatory Biometric Identity (MBID). The second one is to ‘conduct all money transaction above a given amount only by the electronic money transaction through ones bank to the others bank account named Mandatory Electronic Money Transaction (MEMT).

Among the two, the first “MBID in all bank account” is primarily important. It also very much feasible, more easier and less expensive compared to many other antiterrorism measures that exists or being proposed today. The MBID in banks policy (it includes buying of important security matters like credit cards, phones, weapons, drugs etc, in it) alone can significantly prevent the money laundering which is the main source of terrorist finance! If the MBID gets implemented first then the MEMT will inevitably follow sooner or latter. I have explained more in details on this terrorism subject in my post titles “Terrorist Strike Marriot” in http://i-opinion-about.blogspot.com/2008/10/terrorist-strike-marriot-it-to-root-out.html .

Above all terrorism today is a Global phenomenon. So much so when it comes to international Money Laundering and terrorist financing. Therefore It needs a united world effort to effectively tackle it down. The MBID and the MEMT can do it. What really needed is the “political will” to get it done.


Valerian Texeira
St.Joseph Nagar
Mangalore - 575002
India.
http://www.anticorruption-it.info

Mumbai Terror Strike – A Prevention Perspective

It happened once again on the eve of 26th November 2008. Its report all over the national and world news media. Some of its web links given below.
http://www.reuters.com/article/topNews/idUSTRE4AP6PI20081126?feedType=RSS&feedName=topNe http://economictimes.indiatimes.com/Army_moves_in_Oberoi_Taj_to_flush_out_holed_up_terrorists/articleshow/3762384.cms http://www.ndtv.com/convergence/ndtv/story.aspx?id=NEWEN20080074243&ch=11/27/2008%205:33:00%20AM
http://timesofindia.indiatimes.com/EU_condemns_Mumbai_terror_attacks/articleshow/3762243.cms

They all describe this event along with its witnesses account in vivid details with lots of terrorism information. However no one seems to know how any one can possibly prevent such terrorist attack! In fact there is a widely held belief that ‘there is no comprehensively possible way that the law enforcement could prevent such terrorist attack’.

All knows the main culprits behind all the terrorist network and their attack is the terrorist finance and the people behind it. However law enforcement have no proper surveillance means at their disposal to find out the main source of the terrorist finance. This is the main reason why terrorist network flourish and the attack continues unabated.

Here I present two extraordinary IT anticorruption monetary measures by implementing it the government can easily find out and catch all the main sources and the people behind the terrorist finance. The first one is; ‘to Make Biometric Identity Mandatory or Compulsory In All Bank Accounts’ I name named as; Mandatory Biometric Identity (MBID). The second one is to ‘conduct all money transaction above a given amount only by the electronic money transaction through ones bank to the others bank account named Mandatory Electronic Money Transaction (MEMT).

I have explained more on the terrorism matter in this blog post titled; “Terrorist Strike Marriot: IT To Root-Out Terrorism” see it in http://i-opinion-about.blogspot.com/2008/10/terrorist-strike-marriot-it-to-root-out.html. Although there are some fundamental differences between the two attacks nevertheless the way to root-out terrorism remains the same. Its principle document titled “IT To Root-Out Corruption” in this blog and also in the website http://www.anticorruption-it.info.

Finally, My heartfelt condolences goes with the ATS Chief, the policemen, and the innocent people who had been killed also the injured and all their family members, the close near and dear once.

Valerian Texeira.

Corruption Case Against Executive Engineer

PS. I came across this above titled corruption news report in the Times of India online on 16th November 2008. It having the following web address and most importantly my comments on it given below. http://timesofindia.indiatimes.com/Lucknow/Corruption_case_against_executive_engineer/articleshow/3718578.cms


Every day we hear some high profile news reports of corruption in the media such as the above. People being caught even convicted on corruption charges. However such news report mainly serves to reassure the public that the anticorruption institution and the Governments at least or at last succeeds in doing something to unearth corruption, which seems to hidden in every where in the society.

However among the hundreds of thousands of such unscrupulous people in position who engage in “corruption” or the illicit money transaction’ every day, the anticorruption law enforcement succeeds to detects and catch only a few. The overwhelming majority of them never been caught they remain absolutely undetected and very much continue with the corruption but remain as the respected members of our society!

Although the public knows it but they have been made to believe that basically there is no way to eliminate the overwhelming majority of those ‘illicit money transaction’ or the corruption. Because most of the times it leaves no concrete evidence of the money trail therefore becomes impossible to successfully prosecuted under the law. However contrary to this belief there in fact exists an extraordinary way that can detect almost all illicit money transaction with the concrete evidence of the money trial.

Let me explain it in following simple way; The ‘illicit money transaction’ or the “corruption” basically occurs due to the CASH MONEY TRANSACTION. As it enables people to make money transaction without leaving any concrete money transaction trail evidence behind. So it is being used in most of the illicit money transaction (corruption) deeds at one stage or the other! Therefore as long as the Cash Money remains as the dominant form of money transaction it would be impossible for anyone to eliminate corruption in any significant way.

Therefore the only way to root-out corruption is to Ban Cash Money Transaction *above a given amount*. Bring in Mandatory Electronic Money Transaction (MEMT, Credit Card money its popular form) in its place together with Mandatory Biometric Identity (MBID) in all bank accounts. In this way the Governments can successfully eradicate almost all kinds of corruption, crimes that we see today in the society.

However have no more hope that the anticorruption institutions and the governments ever going to take these two extraordinary MEMT and MBID anticorruption monetary measures that can basically root-out almost all kinds of corruption and crime that we see today. Perhaps it is too much for its vested interests to basically understand it. As a saying goes “people don’t understand things when their salaries depend upon not knowing it”!

Nevertheless keep on trying to make them understand about it as long as I can. Following the wisdom advise, which says; “Try and Try again and again and you will succeed at last”. But I wonder if the success ever knows the wisdoms advice!

Valerian Texeira.

IT To Root-Out Worlds Financial Crisis

The financial world today in turmoil with the news of major economic crisis. The world stock markets plunging down, credit crunch, high inflation, prediction of economic recession depression. Now all of a sudden the financial institution or the banks have not much money in deposit to lend or to give credit or even to pay their own debts in the verge of bankruptcy job loss and massive unemployment! So the world Governments come forward to rescue or bail out these financial institutions with hundreds of billions of cash money at the cost of the taxpayers to ensure the money flow or liquidity in these financial institutions.

Now the serious question is, where does all those plenty of money that used to flow around the financial institution or remain in the banks suddenly disappear? The simple answer is people who used to invest or deposit their money in the financial institutions suddenly lost confidence in them so decided to withdraw their money also the consumers stopped spending much of it for whatever reason! The main point that I am making here is, all those plenty of money as much that used to flow around still must be in there somewhere! But they are suddenly being taken out from the financial institutions therefore being prevented from the legitimate financial circulation and from its productive (credit) employment. So the financial institution or the governments completely loose their control over it to employ it in productive use or prevent it from remaining idle or getting misused.

Having said this let me present the IT solution to prevent the financial crisis is; not to allow the people or institutions to keep cash money (above a given amount) anywhere but in the financial institutions or the banks. However people are free to withdrew their money from a given financial institution for whatever reasons! Nevertheless it will still needs to get transported to some other financial institution or the banks! In this way in the event of a financial crisis (if it ever happens) no money will completely disappear instead it will get deposited in the financial institutions somewhere else this will always ensure the financial circulation as much (plenty) as before so its productive employment.

This is a small part of its principle document titled “IT To Root Out Corruption” . It has been made available in this weblog site and also in the website <www.anticorruption-it.info> . I hope that the information this document provides would at least add to your knowledge about this entirely new kind of IT approach for combating the entire range of economic crimes, corruptions in your future perspectives.--Valerian Texeira.

Terrorist Strike Marriot: IT To Root-Out Terrorism

The Marriott Hotel bomb blast on September 20, 2008 once again shows that the Governments despite all their strong security measures, still not able to protect the citizens from the growing terrorist violence!

However this terrorism can be completely eliminated by an extraordinary way! The key is to KEEP the “INFORMATION” records of all money transaction (purchase/payment) and produce it as the concrete evidence or proof of a persons past activities when needed by the investigation so to prove or disprove the persons involvement in a particular crime.

Fortunately, the Information Technology (IT) today provides to the worlds Governments with electronic technologies that can completely root-out terrorism. Here are the two extraordinary monetary securities IT measures in the following:

1). Make it compulsory that all money transactions (purchase/payment) above a give amount should be made electronically conducted through the bank to bank account. Credit Card money is its most common form. When made compulsory it can be called as; “Mandatory Electronic (credit card) Money Transaction” (MEMT) as a whole.

2). Bring in biometric identity in all those bank accounts. I call it as; Mandatory Biometric Identity (MBID).It is mainly to make every bank account holders identity absolutely indubitable and secure mainly to prevent anyone from opening fake or bogus bank accounts. Every one of these bank accounts should have a unique name or number code to identify that account holder from every credit card or E-Money payment they make around.

Let me briefly explain it in a simple way, how this MEMT/MEMT monetary security measure can completely root-Out crime specially the terrorism. Money is very important for people to make a living in today’s world this includes the terrorist. They may live in seclusion a separate cell life; however they need money for whole lot of purposes to accomplish their terrorist attack. Money to hire or rent a separate place to stay also to plan, assemble and carry out their terrorist activities. Money to buy food, necessary things, essential services, travel and transport. Most important above they need a money income source that most likely coming from a terrorist finance to support all these activity! Apart from money, the phone contact number remains most essential for the terrorist to successfully run their operations.

Now, in a MBID/MEMT monetary security system all money transactions, (except very small amounts) needs to be conducted through the bank to bank accounts having biometric identity. Not to mention, all bank money deposits (salaries for example) and withdrawals (payments) conducted electronically by E-money directly from the bank to the bank account. In case any one wants to make a CASH deposit or withdrawal above a given amount in the banks, it would be subjected to thorough enquiry about all its sources accounts and receipts. In this system Although a small amount of cash money transaction is allowed without question, nevertheless all the traders or shoppers encouraged to conduct all their selling and buying even of small amounts by the E-money, credit card specially when it comes to strangers so to make it secure.

Here I should most importantly mention, money and phone are the two most important life lines that sustains terrorist network. Therefore every phone number (which includes buying the phone, its SIM card, its recharge payment etc.) in this system needs to have its owners bank account number code mentioned in its phone company records as well the phone number in the bank account, which brought that phone. Also the public records like, school document, certificates, licenses, ownership registration, of valuable property, buying of sensitive materials all should necessarily have the person’s bank account number code along with the name and addresses in the records.

So in the event of a crime, the government law enforcement agencies
suspecting any peoples involvement in that crime, can now easily get those peoples bank account number code and the phone number(s) from any of the purchases they have made from their credit card or the E-money transaction or from the public records. This can start with any of the houses or places they hired or rented by its landowners bank account. Also from the neighboring shopper’s trader’s bank accounts where they purchased things services using their credit cards. Also the public records. Not to mention the purchases of incriminating things, explosive devises, etc left behind the terrorist attack scene which in this system linked to its bank account payment.

Once the investigation agencies finds out the suspects bank account number code from any one of the E-money transaction in any of the corners landowners, shoppers, public records etc., it would become very easy for them having proper legal (court) order to go into the suspects bank account and check in all the past (days, weeks, months even years) money transaction. That records can concretely point out the persons past every days activity, where he stayed the places he traveled, shops from where he/she purchased things materials. Even the absence of money transaction up to a length of period can reveal many things to the investigators by tallying it with the person’s day to day needs and requirements!

In this entire investigation process it is possible to keep the suspect completely out and away from knowing about he is being suspected and investigated! This on the one hand saves the person and his near and dear once from the unnecessary emotional upset, mental trauma if he is innocent. Most important of all is that it allows the unsuspecting person to continue with money transaction that would help the investigators tremendously in many ways to determine the person’s innocence or the guilt! If their suspicion confirmed it would enable them to gather more concrete evidences by keeping complete watch over the person’s daily activity movement all the contacts that he/she comes across. The phone numbers he/she talks to and most importantly the bank account that send money (terrorist finance) to his bank account. All these information collectively can finally succeed in uncovering the entire terrorist network! All this time the agencies need not talk to the suspect let alone taking him into custody for degrading interrogation, narco-test and the torture to that needs to be totally banned!


Now let me apply this to the concrete case of the Marriott Hotel bomb blast. The authorities probably as usual have hundreds of names, places and things of the suspects. Now, if there was a MEMT/MBID monetary security economic system in place then the investigation agencies would have easily found out all the suspected persons bank account (Credit Card) number code, also their phone numbers callers details and all its contact numbers all such details by any single E-money transaction they have made anywhere around by the way that I explained earlier. Thereby obviously (with proper legal authorization) they have checked the suspects all the past money transaction records in all the banks in which they have accounts. It would concretely point out all the houses, hotels, rooms where they stayed, places they traveled, the shops where they purchased those explosive materials, the gas station where they bought petrol to the vehicle finally used in that suicide bomb attack.

Now one may argue that criminals particularly the terrorists would not use or mostly avoid the E-Money Transaction or the credit card payment, so leave no concrete evidence of their past main activities, getting recorded in it. However in a MEMT/MEMT monetary system it will become most difficult for an adult person to hide or cover up their past by not using their credit card E-money transaction. Any absence of such money transaction in and adult persons bank account in itself could provide some strong evidence something seriously wrong! The absence of it obviously proves that there must be some one else paying the entire expense of this person. Food, travel, essential services and other necessary items. The main reason could be this person seriously ill! If not then obviously the other person also comes under the suspicion and their bank account money transaction checked to see if there is any corroborating evidences.

Today the government very much uses the Information Technology security features in all electronic communication fields. Cell phone, computer internet all have them. As a result the investigation agencies able to find out the records of phone calls, email post of the suspected people. Electronic surveillance CC cameras installed in every important sensitive places so the one can recover back the recorded images and the suspected persons in the event of crime. The public accepts these electronic security measures as providing people with the social security and safety. Now the Information Technology (IT) today in the form of this MEMT/MBID monetary measures provides to the worlds Governments with this opportunity to completely root-out terrorism. What really needed is the political will to get it done.

However to bring in a fully pledged MEMT/MBID system would be a very difficult for any government. Therefore in the preliminary stages I urge the governments first to bring Mandatory Biometric Identity (MBID) in all bank accounts and make E-Money obligatory in the payment/receipts of important sensitive things services like, phone, valuable assets, weapons, gas, large sums of money deposits and withdrawals in the bank etc. It is the first and foremost important IT anticorruption monetary measure and capable of of significantly reducing corruption, money laundering and with it breaking down the backbone of the terrorist and specially their financing network. This MBID is far more easier for any governments to adopt. The limited space of this article does not allow me to go into its details. However I have explained it in details in my principle document titled; “IT To Root-Out Corruption”. and its related documents in this weblog also in many places in the World Wide Web specially in <www.anticorruption-it.info .

Finally, My heartfelt condolences go with all of them and with their family members, the close near and dear once. I dedicate this debut antiterrorism article to all of them.

Valerian Texeira
St. Joseph Nagar, Jeppu
Mangalore – 575002 INDIA.

IT To Root-Out Counterfeit Currency

(Credit Card ToCombat Counterfeit Currency)

This document initially prompted by the news report of RBI decision to withdraw the currency notes of the year 1996 and 2000 to curtail the circulation of counterfeit currencies, reported in the media 28th August 2008.

Counterfeit currencies are the nightmares of common people. It is very difficult for people to commonly distinguish (in a non-embarrassing normal glance) the fake from the genuine notes even for the professionals. It is a major headache for the Governments, sabotaging the economy and pose a serious threat to the national security. The menace of the fake currencies increase as the advancement of printing technology made widely available.

Prevention of counterfeit currencies in circulation is the Governments main responsibility. However by the time the law enforcement catch the culprits most of the fake notes already out in the circulation! Not to mention the main culprits never been caught as the counterfeit rackets many times run by big criminal gangs, powerful mafia’s. Even Governments sponsoring terrorism said to be involved to finance the terrorism and destabilize the other countries.

In our technologically advancing world today the Governments tries hard to prevent the menace of counterfeit currencies by brining in more and more sophisticated currency papers, printing designs also by allocating more financial resources in the counterfeit currency detection and law enforcement catching the culprits. However the menace still continues more or less as it did before!

What is needed in my view is to bring in an entirely new kind of innovative trading technological (IT) approach that would make the existence of the counterfeit money in the economy virtually impossible! -- You believe it or not, this new kind of innovative technology IT solution already exists and very much in practice in our business trading! What is really needed is the Government needs to have the Political Will to implement it more and more widely in the business trade by making it obligatory!

Let me explain the above mentioned IT solution to root-out counterfeit currencies briefly. Most of us today know about doing trade, business, money exchange by the use of “Credit Card”. In which the money transaction between the two parties made directly through their bank to bank accounts by the aid of Electronic (credit card) money transfer. This completely takes away the need of exchange of the paper notes between the two trading party so any involvement or existence of the counterfeit currencies in this money transaction!

In our business world today this Electronic or E-money (credit card) transaction very much in practice what is needed is the government to promote it by encouraging people to trade through the credit card instead of the cash currency especially when it comes to the big amount than make such trade obligatory. I name it as the Mandatory Electronic Money Transaction (MEMT) in my paper document titled: “IT To Root-Out Corruption”. (Search the title in the web.)

The MEMT in the trade or business can root-out most of the economic crimes, corruption prevailing in our world. The major among them of tax evasion (fraud), bribery, money embezzlement etc. Elimination of counterfeit currency is just one among the many economic crime that it can most easily accomplish. However the main point in this is it can accomplish this task in its given area with total success that conventional counterfeit prevention measures could never achieve.

Valerian Texeira
St. Joseph Nagar, Jeppu
Mangalore – 575002 INDIA

Bring In Mandatory Biometric Identity (MBID) In All Bank Accounts

In the "IT To Root-Out Corruption" my first and foremost pressing appeal to all, specially to the national Governments is to bring in a policy of Compulsory or Mandatory Biometric Identity (MBID) in all bank accounts along with the name address and signature. Most importantly it should be extended to the ownership registration records of valuable property, assets by mandating all the important high amount of money transactions transfers, payments, receipts should be made only through the MBID enabled bank to the bank accounts for the income-tax-return-file and other legal purposes. (In fact, I am told such bank to bank payment guideline regulations, laws exist even today except the MBID in it so the laws remains mostly ineffective in its anti-corruption purpose.) Already, the Government for security reasons makes people to register themselves with their biometric identity for obtaining, passports, voter’s identity, driver’s licenses etc, mainly to prevent the identity fraud, and other crimes. --The MBID has already entered into the financial system in the online money transaction through the cell phone market in quite a big way for secure payment by a technology called Near Field Communication (NFC). In fact now a days a fully developed biometric identity (finger print, face iris recognition including the photo) considered to be a very important requirement to get this credit card account to prevent the identity theft and the bank account money fraud. Now extending it in all the bank accounts won't be that difficult, actually it seems to be a long overdue in view of the security needs involved.

MBID Counterpart: Name Address and Signature:

Considering the great importance of the MBID in the matters of personal surety, security let me elaborate it more in this section by comparing it with its conventional counterpart: name, address and the signature. In our growing e-commerce, business world today, more and more money transactions conducted through the bank-to-bank accounts. Credit card money becoming more common. People have the freedom and perhaps the need to have multiple bank accounts in as many banks and own properties all over the country with a name address and signature as its owners identity.

Now the major problem of a given name address and signature is, it remains unreliable thus becomes infeasible for the corruption investigation agencies to distinctly identify and find out ALL the bank accounts, assets, properties of a individual having under this security “promise” of a “name” address and signature that they find in all the banks records. It is almost impossible for them to know among those hundreds of millions of bank accounts, which they come across in their nations banks accounts random search, how many of them belong or connected to the same individual! Because there can be thousands of individuals genuinely having the same name or a person may have several changes, “alias” in his/her name, address in different bank accounts. This provides the criminals the great opportunity to thoroughly misuse it by registering under the fake, false or bogus name, address and signature thus able to carry out their illicit money transactions (payments, receipts) through it, specially the money laundering which is known to also involved in the terrorist financing among the other crimes and mostly get away with it with total immunity!

However bringing in a MBID in all bank accounts can completely put an end to all such indistinguishable, fake, bogus, bank accounts. So when an investigation of economic crime, corruption ordered, the agency can distinctly find out all the bank accounts a person/organization having in every banks all over the county and outside, all its money, assets transactions, in-and-out. There will be absolutely no chances of mistaking the person! Let me explain it in this way; today a person is basically identified by the name, signature and the addresses mostly for all-purpose. However searching and identifying all the bank accounts and assets of a person accused of the economic crime relaying on this illusive name, signature and address so far remains mostly a futile task. Because there can be thousands of people genuinely having the same name or a person may have several alias names address in different bank accounts. They mostly remain indistinguishable, genuine or the bogus!-- However by adding the biometric identity to the bank accounts name and addresses, its owners identity becomes absolutely certain with this concrete biometric evidence or the proof. So one can accurately pinpoint the person and find out all his/her bank accounts properties, assets, wealth in seconds!--- It is impossible for any one to register themselves under a fake biometric identity. Therefore it is most important to make it mandatory along with the name address and signature in the sensitive security, surety, matters that includes bank accounts and extending it into the property, assets ownership.

Of course it won't be as effective without the Mandatory Electronic Money Transaction (MEMT) i.e. making all money transactions (payments receipts) above a given amount only through bank to bank, which is the second IT Anti-Corruption Monetary Measure. Nevertheless this MBID is its perquisite and above all is far more practical, PRAGMATIC, easier to implement compared to the other anti-corruption monetary measures. It can significantly deter the economic crimes so reduce the corruption and necessarily lead into the future fully pledged MBID/MEMT system in which most of the crimes including the terrorism that as we see it today can be gets eliminated.


PS. Its been explained in details in its main text Titled “IT To Root-Out Corruption.” Its web link : www.anticorruption-it.info

Two Main IT Anti-Corruption Monetary Measures.

Please note: The following document is the most important part of "IT To Root-Out Corruption, the principle document.

Before going into this “Two Main IT Anti-Corruption Monetary Measures”, let me start with the abstract of this entire “IT To Root-Out Corruption” main text first. Most of the economic crimes, corruptions occurs mainly due to the surreptitious, illicit or the hidden money transactions that escape from the public, legal scrutiny. Now the good news is that the Information Technology (IT) today with its innovative digital or the “electronic money transaction” if made mandatory with biometric identity, enables the Government to root-out most economic crimes, known as corruption. It all basically stands upon two main “IT Anti-Corruption Monetary Measures”, which I present in the following:

1).Introduce Mandatory Biometric Identity (MBID) in All Bank Accounts: The first and foremost important IT Anti-Corruption Monetary Measure that I call upon is to introduce a compulsory or Mandatory Biometric Identity (MBID) along with the name address and signature in all bank accounts. Thereupon it should be extended into the ownership of valuable properties or assets.

The most important principle of having a MBID for securing or obtaining the bank accounts is first of all to prevent the fake or bogus identity fraud in it. With the MBID one can immediately identify and find out every bank, financial accounts of a (any) person accused of committing an economic crime (be it a tax evasion, bribery, embezzlement and the whole range of it including terrorist financing). Searching it out with a pin-point (BID) accuracy among those banks, properties billions or trillions of records. It is impossible to anyone to fake their Biometric Identity. So the MBID in all bank accounts is the most important perquisite to root-out corruption.

2). Promote Mandatory Electronic Money Transaction (MEMT) Against Cash Currency: Make it mandatory or obligatory on all people to conduct their every money receipt/payment above a given amount in the form of electronic money transaction through their bank accounts, replacing the old traditional cash paper currency. Most importantly in case people make the cash currency deposits or withdrawals above the given amount then it should undergo enquiry about its detailed accounts and bills. Also the payments for things, services, materials pertaining to important security matters (cell phones, credit cards, recharge, rentals, travels, weapons, explosives etc.) should be only conducted through the e-money or the credit card even its amount remains below the given mandatory money transaction sum. In this MEMT setup, the money payment in bank cheques (Check) to others accounts by all means remains perfectly legitimate.

To make the MEMT more effective as an extension, the Governments needs to phase-out or gradually withdraw the higher denomination currencies from the public. The higher denominations currencies have been conveniently used or grossly misused or end up in committing most and major economic crimes. Besides the absent of it would greatly promote the MEMT due to its various contributing factors including the enquiry placed on the cash currency deposit and withdrawals and the MEMT in the security matters. Most importantly however the banks should continue to have those higher denomination currencies even of very high values; a hundred thousand, million even a billion (Dollar, Euro etc) denomination currency bills. However they should be restricted mainly to exchange only between the banks, financial or the monetary institutions.

Make Biometric Identity Compulsory In All Bank Accounts:

Among the above two “IT Anti-Corruption Monetary Measures” first of all at present, my most important pressing appeal to all, specially to the national Governments, is to come forward in support of a policy to brining in a Compulsory or Mandatory Biometric Identity (MBID) in all bank accounts along with the name address and signature. Most importantly it should be extended to the ownership registration records of valuable property, assets by mandating all the important high amount of money transactions transfers, payments, receipts should be made only through the MBID enabled bank to the bank accounts for the income-tax-return-file and other legal purposes. (In fact, I am told such bank to bank payment guideline regulations, laws exist even today except the MBID in it so the laws remains mostly ineffective in its anti-corruption purpose.) Already, the Government for security reasons makes people to register themselves with their biometric identity for obtaining, passports, voter’s identity, driver’s licenses etc, mainly to prevent the identity fraud, and other crimes. --The MBID has already entered into the financial system in the online money transaction through the cell phone market in quite a big way for secure payment by a technology called Near Field Communication (NFC). In fact now a days a fully developed biometric identity (finger print, face iris recognition including the photo) considered to be a very important requirement to get this credit card account to prevent the identity theft and the bank account money fraud. Now extending it in all the bank accounts won't be that difficult, actually it seems to be a long overdue in view of the security needs involved.

Of course it won't be as effective without the Mandatory Electronic Money Transaction (MEMT) i.e. making all money transactions (payments receipts) above a given amount only through bank to bank, which is the second IT Anti-Corruption Monetary Measure. Nevertheless this MBID is its perquisite and above all is far more practical, PRAGMATIC, easier to implement compared to the other anti-corruption monetary measures. It can significantly deter the economic crimes so reduce the corruption and necessarily lead into the future fully pledged MBID/MEMT system in which most of the crimes including the terrorism that as we see it today can be eliminated. Some of it explained in the following section.

Anti-Terrorism: MBID/MEMT To Track Down Terrorist:
Besides combating corruption, a fully pledged MBID/MEMT can also work as powerful Anti-terrorism machinery, which can tremendously help the government security agencies to track down the criminals specially the terrorist. When a terrorism investigation ordered, this system can concretely (electronically) trace back every day PHYSICAL movement, location, phone call, contact of the suspect based on his/her every day buying and the money payment for things, services, material that he /she had made, which includes any such things that the suspects left behind the crime scene. This MBID/MENT network leaves behind an unmistakable physical evidence electronic trail on whatever things it touches, which is impossible to get rid off. However This MBID/MEMT system is simply not possible without first establishing a MBID in all bank accounts.

PS. Its first anti-corruption monetary measure explained in more details in another document titled: IT Anti-corruption : Make Biometric Identity Compulsory In All Bank Accounts” . See it in the next blog post.

IT To Root-Out CORRUPTION: Revised and updated on 9/11/08.

By: Valerian Texeira.

Abstract: - This document basically contends that; ‘most of the economic crimes occurs mainly due to the surreptitious or illicit money transactions that escape from the public, legal scrutiny. Now the good news is that the Information Technology (IT) today with its innovative digital or the “electronic money transaction” if made mandatory with biometric identity, enables the Government to root-out most economic crimes, known as corruption. Only if there is a political will to get it done’.

Introduction:

Thanks to the era of Information Technology (IT) that our world galloping in today. With its widespread broadband Internet connections it is ushering a new economic age of E-commerce, E-business. Most important in this regard is its innovative electronic or the E-money (“credit card” its partial form) transaction technology, in which the money payment/receipt in-between any two parties necessarily conducted through a “third party”, a bank or financial institution that provides this most important “financial service” and in the process all its “INFORMATION” gets instantly recorded and stored in this registered public institution. Under which it is impossible for any one to cheat, deny or hide the true accounts of their money and all its transactions from the public or legal scrutiny when authorized.

Traditional Reason For Hiding CASH Money -- Its Main Drawback:

Traditionally the genuine reason for people to keep their money hidden and not to display its true amounts to the public is to PROTECT it from getting stolen, burgled or looted. Most importantly the fear of getting robbed, or lost while carrying it around for the transaction. Nevertheless from ages the cash money remained indispensable or quintessential for the economy to conduct the value (commodity) exchange or the trade most efficiently. However today this newly emerging innovative IT of Electronic Money Transaction (EMT) can fulfill all the needs of the traditional CASH money transaction far more efficiently. Together with, it would entirely remove all such potential threats or the genuine fears of robbery, stealing, theft, by this revolutionary technological system.

By the way, the main draw back of the traditional cash money transaction is that it is impossible practically to keep and maintain the records, accounts of ALL cash money transactions for its legal, public scrutiny. Its paper and storage cost alone would be so enormous let alone its labour cost and other factors. It is only the IT today with its E-money transaction record keeping digital technology, practically enables us to accomplish it. This document marks its beginning.

Money Basically A Public TRUST:

Money is basically a public TRUST. It puts a social responsibility and the legal obligation on all those who owns it over and above a given limit that they should maintain and submit its truthful accounts before the designated public authorities for its due legal scrutiny and not to use it for unlawful, illicit purposes. However the conventional cash money delivery between any two parties got no such effective technology to monitor and record its movements and know all its location all the times to prevent it from getting misused. Thus it becomes possible for the unscrupulous individuals to totally hide it or submit its false accounting before the legal authorities in breach of its public trust, and engage into many kinds of its “misuse”, clandestine business practices, criminal use or the surreptitious money dealings.

Cash Money Hiding Ability Breeds Corruption:

Of course, most of the cash money transaction, business in our world conducted lawfully. However a significant number of this cash money amounting to enormous sums kept hidden away from the legal scrutiny or collected and employed unlawfully. The number one among is the ubiquitous economic crime of tax fraud or the evasion. Along with its cheating and depriving the public revenue it also puts the other people around in the money market competition into a very disadvantageous position thus pressurizes, encourages or tempts many among them also to commit that crime. Same is true with other economic crimes and the most notorious among is the extortion or the BRIBERY. There are number of such economic crimes that I will mention some of them in the latter sections. It is mainly due to the cash money (currency) basically having this “concealable” property that gives its possessor the ability to hide it from its legal scrutiny that could lead into its surreptitious transactions. So it begins to spoils the economic system, start to breed corruption. And the corruption breeds more corruption, crime begets crime.

Cyber Technology Also Can Prevent Most Economic Crimes:

The world today speeding fast into the cyber space economic age. Cell phones have become the integral part of peoples every day's life. However the nations money transaction system in majority still remains mainly in the centuries old printed paper cash currency money, which is getting more and more inefficient day by day in the face of the sheer volume of growing economy and its crimes boosted with its cyber technology. All of it getting out of the national governments control, many times spiraling into deep economic crisis’s. Poverty, Unemployment and the INFLATION. The public demands the government to control it, blames it for the failure and elects a new government. The new government comes with the promise to control it but no governments able to do it. Fortunately however now the same cyber technology that gives the worlds Governments the nightmare of growing economic crimes at the same time can also offer a great cyber technological solution to prevent most of it that I explain in the following.

Establishing A MANDATORY Electronic Money Transaction (MEMT) System:
The emerging electronic or the credit card money transaction if pursued deeply and by legislation made mandatory in all money payments and receipts above a given sum, could provide the most effective technological device and the great historical opportunity for the Government to eradicate most of the unlawful or “illicit” money transactions or the corruption.

Under this Mandatory Electronic Money Transaction (MEMT) economic system all commerce trade, business, buying and selling, in the super markets, shops trading goods or any commodities (except in very small trade dealing in small amounts in smallest denominations, in coins) should be made only through the medium of the electronic money. Similarly all wages, salaries, services, incomes, profit, earnings, bills, receipts/payments, deposits made in the same e-money form.

In fact establishing a MEMT based economic system not only possible but also it is INEVITABLE! Its fundamental technologies already in place. Experts predict “Cashless Future” (see its web link in the Recommended reading at the end). In the coming years more and more people begin to conduct their everyday money receipts and payments in electronic transaction. Most importantly the ubiquitous cell phones going to play a major role in this matter. Equipped with a electronic money transaction feature called “Near Field Communication” (NFC), they are entering the market in a big way. These cell phones conduct every day money transactions through its secure biometric password crucial in preventing the accounts identity fraud. This in turn will bring in a basic TRANSPARENCY in all its money transactions. Indeed a biometric password or the “identity” is the essential “PREREQUISITE” for the establishment of a MEMT economic system, which I come to explain in the next section.

A Biometric Identity (BID) For Securing All Bank Financial Accounts:
The MEMT economic system most importantly requires all people in a nation should have a single universal Social SURETY Number (USSN) based on their Biometric Identity (BID) mainly for securing or ensuring all their bank financial accounts. Of course, a person may have a number of accounts in several banks at any places in the nation but they all should basically identified with their single undeniable BID along with their name address and signature in the central USSN office. First and foremost, it should have the basic authority to access the nations each individuals existing bank financial accounts when needed (ordered) for the legal investigation of economic crimes. Together with that authority, it should also have the prime responsibility providing the basic social security, employment or the minimum income guaranty, health insurance, educational aid for every one specially for the weaker sections of the society. Importantly as well, all the tax eligible people, businesses in the nation should submit their total annual income, including the property accounts (like filing income tax return forms) and pay all their taxes under its jurisdiction. Be it the nations top leaders, presidents, prime ministers, corporate tycoons, CEO’s, down to the common man. All should come under this network of the USSN office jurisdiction system.

This BID security over the financial accounts also needs to be applied to all fields of valuable commodity transaction, exchange or the handover including exchange of gift, donations, helps (commodities above a given value) property ownership transfer etc. No barter trade of property, precious metals, valuable artifacts should be allowed. All valuable items a person, organizations, institutions owning registered as property with its records under the USSN’s income tax office.

Such a mandatory electronic money transaction economic system operating under the USSN network that keeps accounts of almost every money transaction would make all individuals and the businesses financial accounts completely open or transparent before the legal or the public scrutiny. It would basically dissuade or deter people from engaging in any of the economic crimes or corruptions because that essentially leaves the electronic money trail as clear evidence that could be impossible for any one to get rid off.

Some Main Economic Crimes It Could Prevent:

Tax fraud and the bribery are the two major economic crimes that this MEMT can undoubtedly prevent. Apart from it, the counterfeit money, money-laundering, ransom money, the cash money robbery/theft/ stealing, etc., will become a thing of the fast in a fully pledged MEMT system where there is absolutely no printed paper Cash currency money to carry it out in the first place! Black marketing, illegal hording, all kinds of smuggling, trafficking, illegal drugs, weapons, mafia, ‘Terrorist Finance’ etc., accounts will get mostly exposed with pin-accuracy under the BID based MEMT economic system (explained above) so those culprits days will be numbered.

Credit card fraud/fake/theft, or the fear of getting it lost and its misuse mostly will disappear. With its BIDN/MEMT network system in place it would be highly difficult for the fraudsters to buy things online with complete anonymity or to commit any of the credit card crimes and to get away with it. After all in such electronic money network system all proceeding money transactions can be immediately traced back to its preceding accounts and all the other accounts that transacted with it would reveal its all round true connections.

Corporate business scams, misappropriation of public funds, developmental project money embezzlement, poverty scheme money swindling, buying of the bureaucracy, police, judiciary, politician for money, none can escape from this constantly vigilant digital money surveillance or scanning technology. On the other hand it could also prevent those malicious, false accusations, allegations of economic crime, corruptions.

It is not possible for me to list out all those economic crimes that it can prevent, in this document. Nevertheless I should finally mention a most important point briefly in this regard. The root-cause of most of the property crimes, murders, sex crimes, social injustices, environmental degradation, violent retaliations many (if not most) times, motivated by or against the surreptitious or the shrouded money transactions that the traditional cash money transaction economic system allows. Replacing it with this new and transparent MEMT economic system can greatly prevent it. Besides all of which, as a bonus, it can also provide the government with an entirely new kind of financial control device to check inflation, stock market crash etc economic crisis's. Not to mention, many (if not most) times the main cause of it lies in the corrupt or unscrupulous trading practices.

Poverty Eradication Achievable Within Few Years:

Poverty eradication would become a definitely possible and achievable goal under this MEMT system within a few years. First of all as I mentioned it before, the prime responsibility of the USSN is to provide the basic social security, employment, the minimum income guaranty, basic food, shelter, education health for all people and the government will have enough money needed to do it. Just imagine the amount of money when almost all tax revenues gets collected by the prevention of all the tax evasion or the fraud alone! It could provide more than enough money for poverty eradication programs. At the same time the USSN system with it biometric ID, would mostly prevent the unscrupulous people from swindling the welfare aid money in the name of poor. Moreover when the basic ground of all those economic crimes gets removed, most of the money that used to drain into that corruption channel, now redirected into the legal economy and into the social developmental programs.

Legitimate Businesses Nothing To Fear:

People who conduct honest, responsible business practices have nothing to fear from this MEMT economic system. In fact, it can very much fulfill the vision of the UN Human Rights Principles particularly the UN Global Compact tenth Principle, which specifically sates: “ Businesses should work against corruption in all its forms, including extortion and bribery”. Responsible businesses would rather greatly benefit from it, because it would create a very conducive atmosphere to practice a corruption free, progressive economy in the absent of the corrupt, criminal business practices (tax fraud, bribe, extortion, etc.) as the latter are the worst enemies of the honest businesses. Most important of all is that there will be no restrictions or limits imposed on people in their legitimate money earnings; profit making or owning money or property of any huge amounts. One can be a billionaire or a trillionear, provided all their businesses money transaction remain transparent under, the MEMT and that information remains open to the democratic public, USSN's legal scrutiny. In fact the Government should encourage businesses, small and big, by providing them with more opportunities, removing many of those trade barriers, hurdles and most importantly by lowering the taxes.

Only Unscrupulous People Will Get Terrified:

It is only the unscrupulous people who engage in the economic crimes, corruptions, illicit business, will get terrified of it because this MEMT leaves behind the concrete records of the electronic money trail as clear as day the light so they can no longer cover-up its tracks and conceal their crimes, so will be caught with its clear evident get duly prosecuted and sent to prison.

Both Are Complimentary For Each Others Success:

Of course this MEMT economic system perhaps would be very difficult to introduce in its infant or initial stages. It also depends up on place-to-place and countries to countries. It will depend on their social economic and the political system and its development. Nevertheless it is far simpler and easier to implement effectively instead of those tens of thousands and legally cumbersome anti-corruption laws! The fundamental difference between the two is that the MEMT is a single wholesome technological solution based on almost fail-safe advanced technology while the latter are hundreds of years old antiquated legal solutions so much fraught with numerous human error and complications. Surprisingly however now they both seems complimentary for each success in the future.

Two Main IT Anti-Corruption Monetary Measures:

Let me begin this once again with the abstract of this entire “IT To Root-Out Corruption” main text first. Most of the economic crimes, corruptions occurs mainly due to the surreptitious, illicit or the hidden money transactions that escape from the public, legal scrutiny. Now the good news is that the Information Technology (IT) today with its innovative digital or the “electronic money transaction” if made mandatory with biometric identity, enables the Government to root-out most economic crimes, known as corruption. It all basically stands upon two main “IT Anti-Corruption Monetary Measures”, which I present in the following:

1).Introduce Mandatory Biometric Identity (MBID) in All Bank Accounts:- The first and foremost important IT Anti-Corruption Monetary Measure that I call upon is to introduce a compulsory or Mandatory Biometric Identity (MBID) along with the name address and signature in all bank accounts.
Thereupon it should be extended into the ownership of valuable properties or assets.

The most important principle of having a MBID for securing or obtaining the bank accounts is first of all to prevent the fake or bogus identity fraud in it. With the MBID one can immediately identify and find out every bank, financial accounts of a (any) person accused of committing an economic crime (be it a tax evasion, bribery, embezzlement and the whole range of it including terrorist financing). Searching it out with a pin-point (BID) accuracy among those banks, properties billions or trillions of records. It is impossible to anyone to fake their Biometric Identity. So the MBID in all bank accounts is the most important perquisite to root-out corruption.

2). Promote Mandatory Electronic Money Transaction (MEMT) Against Cash Currency:- Make it mandatory or obligatory on all people to conduct their every money receipt/payment above a given amount in the form of electronic money transaction through their bank accounts, replacing the old traditional cash paper currency. Most importantly in case they make the cash currency deposits or withdrawals above the given amount then it should undergo enquiry about its detailed accounts and bills. Also the payments for things, services, materials pertaining to important security matters (cell phones, credit cards, recharge, rentals, travels, weapons, explosives etc.) should be only conducted through the e-money or the credit card even its amount remains below the given mandatory money transaction sum. In this MEMT setup, the money payment in bank cheques (Check) to others accounts by all means remains perfectly legitimate.

To make the MEMT more effective as an extension, the Governments needs to phase-out or gradually withdraw the higher denomination currencies from the public. The higher denominations currencies have been conveniently used or grossly misused or end up in committing most and major economic crimes. Besides the absent of it would greatly promote the MEMT due to its various contributing factors including the enquiry placed on the cash currency deposit and withdrawals and the MEMT in the security matters. Most importantly however the banks should continue to have those higher denomination currencies even of very high values; a hundred thousand, million even a billion (Dollar, Euro etc) denomination currency bills. However they should be restricted mainly to exchange only between the banks, financial or the monetary institutions.

Make Biometric Identity Compulsory In All Bank Accounts:

Among the above two “IT Anti-Corruption Monetary Measures” first of all at present, my most important pressing appeal to all, specially to the national Governments, is to come forward in support of a policy to brining in a Compulsory or Mandatory Biometric Identity (MBID) in all bank accounts along with the name address and signature. Most importantly it should be extended to the ownership registration records of valuable property, assets by mandating all the important high amount of money transactions transfers, payments, receipts should be made only through the MBID enabled bank to the bank accounts for the income-tax-return-file and other legal purposes. (In fact, I am told such bank to bank payment guideline regulations, laws exist even today except the MBID in it so the laws remains mostly ineffective in its anti-corruption purpose.) Already, the Government for security reasons makes people to register themselves with their biometric identity for obtaining, passports, voter’s identity, driver’s licenses etc, mainly to prevent the identity fraud, and other crimes. -- The MBID has already entered into the financial system in the online money transaction through the cell phone market in quite a big way for secure payment by a technology called Near Field Communication (NFC). In fact now a days a fully developed biometric identity (finger print, face iris recognition including the photo) considered to be a very important requirement to get this credit card account to prevent the identity theft and the bank account money fraud. Now extending it in all the bank accounts won't be that difficult, actually it seems to be a long overdue in view of the security needs involved.

Of course it won't be as effective without the Mandatory Electronic Money Transaction (MEMT) i.e. making all money transactions (payments receipts) above a given amount only through bank to bank, which is the second IT Anti-Corruption Monetary Measure. Nevertheless this MBID is its perquisite and above all is far more practical, PRAGMATIC, easier to implement compared to the other anti-corruption monetary measures. It can significantly deter the economic crimes so reduce the corruption and necessarily lead into the future fully pledged MBID/MEMT system in which most of the crimes including the terrorism that as we see it today can be eliminated. Some of it explained in the following section.


Anti-Terrorism: MBID/MEMT To Track Down Terrorist:

Besides combating corruption, a fully pledged MBID/MEMT can also work as powerful Anti-terrorism machinery, which can tremendously help the government security agencies to track down the criminals specially the terrorist. When a terrorism investigation ordered, this system can concretely (electronically) trace back every day PHYSICAL movement, location, phone call, contact of the suspect based on his/her every day buying and the money payment for things, services, material that he /she had made, which includes any such things that the suspects left behind the crime scene. This MBID/MENT network leaves behind an unmistakable physical evidence electronic trail on whatever things it touches, which is impossible to get rid off. However This MBID/MEMT system is simply not possible without first establishing a MBID in all bank accounts.

Political Will To Get It Done:

It would not intrude in the peoples private or personal life compared with the other electronic devices that are being used in social security for ex; the CC camera's. It would be more like people having a most important cell-phone ID number. There are already more stringent legislations in place that rules, laws that the citizens made to obey as they are legally obliged to submit all their property, money transactions, true accounts before the public or the legal authorities and not to engage in the economic crimes. Today there exist this innovative electronic credit card digital or E-money transaction technology to make it happen. It is now for all the people to see to it that this innovative IT develops to its fullest productive potential that includes its deployment in the prevention of almost all economic crimes, corruptions. What is really needed is the political will to get it done.

Future of Potential Growth:

Along with the Government its concerned legislatures, departments also the private sector mainly the financial institutions, banks, credit card companies combined with the E-commerce/business, online companies, IT biometric sector, have to take the pivotal role in the construction of the building blocks of this system. They will have the enormous potential for growth and a great social responsibility as well to encourage people to participate more and more into this MENT economic system of the future.


A SOCIALIST Revolution Without the Abolition of PRIVATE PROPERTY:

Abolition of cash (paper) currency money and making all money transaction in electronic would bring in a more “just” economic system. A new kind of Democratic Republic Socialist Revolution without the abolition of 'private ownership of means of production' or the "Private Property". A blend of benevolent capitalism and socialism.


Valerian Texeira.
St. Joseph Nagar, Jeppu
Mangalore –575002
INDIA.

Recommended Reading -Web links

Special Reading on E-Money

‘The Potential for a Cashless Future’. BBC Click On Line . http://news.bbc.co.uk/2/hi/programmes/click_online/7308362

Anti-Corruption UN Agencies

United Nations Global Compact: http://www.unglobalcompact.org/index.html
Anti-Corruption. Tenth Principle-10 http://www.unglobalcompact.org/AboutTheGC/TheTenPrinciples/principle10.html

UN Office on Drug and Crime: http://www.unodc.org/unodc/index.html

© Copyright 2008. All rights of this publication reserved by the author. First Published on the month of February 2008. This document material information can be feely used for educational , social awareness and other such purposes by mentioning its authors name, except for the commercial use one must obtain permission from the author.
Latest revision and updated on September 16, 2008.
Valerian Texeira. St. Joseph Nagar, Jeppu Mangalore -575002 INDIA