Notification to Indian Bank

Case 53-2020: Nagarjuna Training Institute   

NOTIFICATION TO THE INDIAN BANK & STATE BANK OF INDIA

On February 12, 2020, it is confirmed that the communications made by the individual named Dhammachari Vivekratna with the Indian Bank (June 20, 2019) and with the State Bank of India (November 6, 2019) have been studied. In both communications it was requested to cease the economic transfers of the “Vishuddhaloka Welfare Association” by alleging supposed illegal acts carried out by the board members of the organization, and furthermore the individual called Vivekratna stated that he was the true President of the institution. In addition, in the same communications Vivekratna stated that a “disciplinary committee” was going to be carried out in order to evaluate the bad behavior of the members.

During this case the International Buddhist Ethics Committee confirms that it played the role as a disciplinary committee to evaluate the legal case presented by the Visuddhaloka Welfare Association, and that the following determinations have been taken:

• Vivekratna and his colleagues have not presented any evidence on the alleged illegal acts of the members of Visuddhaloka Welfare Association.
• Vivekratna is not the legitimate President of Visuddhaloka Welfare Association, so he would have attempted to illegally appropriate the organization.
• Vivekratna has no legitimacy to request blocking of the economic funds, as this could only be required by a competent judge.

Always with spirit of reconciliation (maitri),

Judge Maitreya Samyaksambuddha

International Buddhist Ethics Committee