a whif becomes a stench
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Post by a whif becomes a stench on Feb 18, 2011 13:51:37 GMT
i heard from someone in the know (and have been right so far) that l&g financial crimes area are looking into the fraud tcs are doing.......why is it different this time i wonder?
maybe it will not be different, especially since l&g and tcs are bedfellows and didn't l&g big up tcs when that government pensions contract was up for bidding?
a lot of people are going to get caught with their pants down. I guess this is how news breaks out!
leak it baby - leak it now ;D
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can i be of some help
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Post by can i be of some help on Feb 18, 2011 16:47:49 GMT
a couple of things in your shell like.... you mention the upcoming AGM, well l&g also trade in america so maybe they have a some regulator that looks into this sort of thing? some info here about l&g american listing: investor.legalandgeneral.com/adr.cfmOur ADR program is administered by The Bank of New York Mellon. US investors can call The Bank of New York Mellon toll free on + 1-888-BNY-ADRS (269-2377). The details of the Legal & General ADR are as follows: Trading symbol: LGGNY CUSIP: 52463 H 103 Exchange: OTC (Over-the-Counter) Ratio: One Legal & General ADR is equivalent to five Legal & General ordinary shares. I hear the yanks have an appetite for this sort of thing more than the brits. ....... second thing, is this a conspiracy theory? not a bit of it... have a look at this definition: a conspiracy is an agreement between two or more persons to break the law at some time in the future, and, in some cases, with at least one overt act in furtherance of that agreement. i can tell you now i have seen some stuff involving more than just a couple of people. this thing will only just get started after the AGM. it is gonna be a criminal investigation..... what a pity then, this is what happens when criminals conspire, and tcs and l&g have a criminals.
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Post by Shareholder on Feb 19, 2011 18:36:47 GMT
Are we REALLY looking at a possible police investigation into fraud, or just a few inflated estimates?
The thought that any of the players in this saga could be marched away in cuffs between a pair of burly rozzers is mouth-watering indeed.
A picture, even from a mobile, would fetch many rupees...
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Post by Computer Weekly on Feb 22, 2011 12:29:07 GMT
Hi all
I am Karl Flinders at Computer Weekly. I am in contact with a few L&G IT workers past and present. I was first told about this a year ago but now there is a real head of steam building.
I have contacted L&G.
If anybody has any information please email me on karl.flinders@rbi.co.uk
Your identity will not be revealed.
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Post by Thatll be telling on Feb 28, 2011 20:54:24 GMT
All sounds very intriguing and cannot wait to read more about L&G, their Ivory Tower residents and their bedfellows Tata. I hope that some of the details have been removed to make the impact at the forthcoming AGM more substantial. When I first heard that L&G were outsourcing part of their IT and Tata were in the frame, I knew then that it would not be good and it seems to have turned out that way.
IBM are getting their mitts into IT this time and hope the service they provide is as good as it was in-house, but I guess you get what you pay for and time will tell.
As for those staff mentioned previous with regards to Tata and ripping off L&G, I know only too well how a member of staff can make big mistakes and still keep their job and make others cover up the mess to save their Derriere
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it wont be long now
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Post by it wont be long now on Mar 3, 2011 13:54:29 GMT
It will not be long now I guess. You reap what you sow.
And by the good Lord, we are looking at the next few months to be ones where so much comes out into the open.......
How many lives did they ruin? how many jobs gone? testing, offshoring etc etc etc etc etc etc.
Karma I suppose.
We understand that TCS will get away with it because they are in good company when it comes to indian corruption. But L&G will answer for their part in this.
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Post by Shareholder on Mar 4, 2011 7:52:09 GMT
I can understand the concerns about the over-charging allegations – call it fraud if you will. But I think that these concerns are masking the real scandal, which is engaging TCS or any Indian outsourcing company in the first place.
I hope that nobody will use the dreaded ‘R’ word against me, but there is ample evidence that corruption is rife in Indian companies. That’s not just my view it’s the view of the financial press, the Indian government (who are investigating this) and Indian co-workers I have talked to. Corrupt practice is standard practice in India. Why be surprised when they act as they do here?
So why the shock and horror? It’s what these people do. If you lie down with dogs, then you get fleas.
An investigation is surely needed into the compulsory redundancies to make way for Indian workers, the sham of the job-loss decisions given that these were decided in January 2009, before any meetings and consultations took place, and the abuse by TCS of the ICT regulations. L&G might also want to consider the quality of the work produced by TCS Indian workers.
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Post by ex contractor on Mar 4, 2011 8:25:34 GMT
Shareholder, why are you tip toeing around the issues? British jobs were given away to India, TUPE rules were utterly ignored, and all this was made possible by the use of ICT visas, a scam thought up to avoid caps on immigration. None of this is racist, simply a statement of facts. Of course your concern is with the L&G but this sellout has been duplicated all over the country, at almost all the big IT users, and also in the Engineering and Design arenas. I remain staggered that Government can allow this while at the same time stating it wants people 'back in work'.
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Post by Listen on Mar 4, 2011 12:23:45 GMT
'Ex' I think your argument is valid but is a political one and should be taken up with the correct avenues for that. 'No No' is right. Our fight is with L&G not a political stance.
That's for another day and far too big for us.
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Post by TUPE or not TUPE on Mar 4, 2011 20:07:31 GMT
As for TUPE laws, these only protect your T&C's at point of transfer, they're not a guarantee of employment and people can effectively be made redundant - legally - the next day if the reason falls under an economic, technical or organisational reason. Pretty much most redundancies can be justified by the new employer under these reasons. So if their business model is to provide a service offshore they can legally make transferred staff redundant under the "organisational" category. Obviously not fair but unfortunately not illegal.
Also, as for the naming (or thinly veiling the names) of people and implying that they are taking part in fraud on a public forum is running close to being libelous and defamation, which may well be the reason why some of the posts on here are going missing. If you do indeed have evidence of fraud then get it reported rather than fannying around waiting for the AGM.
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Post by Shareholder on Mar 4, 2011 23:00:15 GMT
Tupe or not Tupe - Offshoring is not the issue. It is the 'onshoring' of Indian workers here, in the UK, at the expense of local workers. Add the abuse of the ICT regulations and the business practice of TCS and you have your scandal.
Tupe was just the mechanism that left us as sitting ducks for TCS, after the hired help - Dunse, Smith and Fry - setting things rolling for them for a nice fat fee.
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we know what you did
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Post by we know what you did on Mar 4, 2011 23:12:36 GMT
TUPE or not TUPE - you seem a little lost there lad.
on what you claim to be legal matters of tupe, well better wait and see 'cause a number of us heard different when people got transferred only to be told 'bye bye'
and hey ho, if you've been reading the informative posts, you'll find that the AGM is a decision made to harness things. to make sure maximum press impact at a time when things keep getting buried under the filthy rugs of L&G and tcs.
as for thinly veiled, that's the least of their worries,and the rest of these crooks, i fear worse will come and not from message boards either.
hope you are not one of them lad.
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Post by buryisanazi on Mar 6, 2011 10:43:30 GMT
As we know it's politicians from all of the main parties who have allowed this to happen. Don't know whether it's guilt tripping over the Raj or the goings on of the East India Company but the likes of Vince Cable and his Labour and Tory equivalents are totally impervious to accusations of fraud and sharp practice when it comes to handing out these so-called expert visas. In all my reading of political party manifestos, the only party who are willing to stop this are the BNP - How depressing is that ?
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Post by stick to the issue on Mar 6, 2011 12:16:59 GMT
As we know it's politicians from all of the main parties who have allowed this to happen. Don't know whether it's guilt tripping over the Raj or the goings on of the East India Company but the likes of Vince Cable and his Labour and Tory equivalents are totally impervious to accusations of fraud and sharp practice when it comes to handing out these so-called expert visas. In all my reading of political party manifestos, the only party who are willing to stop this are the BNP - How depressing is that ? buryisanazi, that's not the only thing the bnp will stop. the bnp being a facist movement, will stop the united kingdom itself from being a country. so don't go down the route of the facists because it gets in the way of progress. let us stick to the issue: one that we have enough fire-power to bring out into the open: TATA management, we get this first step out into the open, and it should turn some people's heads at least to see what is really going on when governments talk about looking far for experts and brits out of work. not long now, and lots of stuff to come out i hear between now and the agm. this one won't go in hurry and it won't turn into fish and chip paper. sit back and watch it unfold. it has gone toooooooooooooo far, thank the good Lord that some of these people will not be contaminating the gene people with their heirs either! Bless the Lord eh!
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Post by Dick Hertz on Mar 7, 2011 14:25:43 GMT
Its good that all this is happening but why not send all that info to TCS too? I think their top man is a Mr Ratan Tata, and Tim Breedon's equal is a Mr Chandrasekaran, does anyone have their address? if people are telling the press here about what's going on, might as well tell the indian press about it too because TATA is massive over there! you could write a letter to them through their press if no one has their addresses? you got the times of india, hindustani times loads here: www.onlinenewspapers.com/india.htmhearing here loads about gary and co, maybe they've heard of him over there too!
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