𝐓𝐡𝐞 𝐒𝐢𝐥𝐯𝐞𝐫 𝐁𝐚𝐧𝐤 𝐒𝐚𝐠𝐚.

BoM has announced on 30 Mar 2026 that the conservatorship of Silver Bank Ltd has been terminated and a receiver has now been appointed. As the public is aware, serious fraudulent transactions and other banking malpractices occurred at Silver Bank which led to the appointment of a Conservator by BoM in Feb 24. Silver Bank was the successor to Banyan Tree Bank, after Prateek Gupta’s spouse was allowed to buy over Banyan Tree Bank, which should have instead been liquidated for bankruptcy. 𝑱𝒖𝒔𝒕 𝒇𝒐𝒓 𝒕𝒉𝒆 𝒓𝒆𝒄𝒐𝒓𝒅, 𝒕𝒉𝒆 𝒂𝒘𝒂𝒓𝒅 𝒐𝒇 𝒂 𝒃𝒂𝒏𝒌𝒊𝒏𝒈 𝒍𝒊𝒄𝒆𝒏𝒄𝒆 𝒕𝒐 𝑩𝒂𝒏𝒚𝒂𝒏 𝑻𝒓𝒆𝒆 𝑩𝒂𝒏𝒌 𝒘𝒂𝒔 𝒈𝒓𝒂𝒏𝒕𝒆𝒅 𝒊𝒏 2012 𝒖𝒏𝒅𝒆𝒓 𝒑𝒐𝒍𝒊𝒕𝒊𝒄𝒂𝒍 𝒑𝒓𝒆𝒔𝒔𝒖𝒓𝒆 𝒂𝒈𝒂𝒊𝒏𝒔𝒕 𝑩𝒐𝑴’𝒔 𝒊𝒏𝒊𝒕𝒊𝒂𝒍 𝒐𝒑𝒊𝒏𝒊𝒐𝒏.

𝐀 𝐟𝐢𝐟𝐭𝐡 𝐨𝐩𝐭𝐢𝐨𝐧 𝐟𝐨𝐫 𝐁𝐞𝐫𝐞𝐧𝐠𝐞𝐫’𝐬 𝐌𝐌𝐌

We think that Berenger’s MMM should stay low for quite some time because after such a setback we need some cool heads, the stalwarts, the hardcores, the party’s thinkers ( if there are still some left) to find the right formula and stratagem for a successful comeback, stronger, more determined and committed to “Vrai Sanzman”

𝐂𝐚𝐧 𝐰𝐞 𝐦𝐚𝐧𝐚𝐠𝐞 𝐰𝐢𝐭𝐡𝐨𝐮𝐭 𝐟𝐢𝐬𝐜𝐚𝐥 𝐜𝐨𝐧𝐬𝐨𝐥𝐢𝐝𝐚𝐭𝐢𝐨𝐧 ?

J Banker on Scoop.mu downplays the Moody's threat and disputes the need for needed fiscal action on the following grounds: