Saturday, February 12, 2011

List of Scandals, Scams, Corruption from 1948 to 2011

List of Scandals, Scams, Corruption from 1948 to 2011
Corruption is not in for Indians or not for this world.
So today I will be remembering and writing here the list of corruption which happened in India since Indian Independence.

If you find any facts wrong please let me know.


British throne passed the Indian Independence Act after that India got the freedom.
Not like Egypt where President Mubarak ran away.

After Independence British people left the India and Indian Throne was empty.
Our Indian people sat on that throne and started to rule India using the same rules and books which were made for the slave colony of India by the British king.



Difference between American and Indian scam corruption cases is that in America rich or politician both go to Jail and India if you are rich and politician you will not go to jail in your prime age.

Suppose Mr. P robs the bank at the age 20 and he goes to jail at the age of 50 what is the use of such justice?

If Mr. P gets the kickbacks at between age 30 to 45 and then he goes to jail at the age of 70 or 75 what is the use of such justice.

Thus there is no justice in India, Indian democracy is failed and we are living in Mobocracy.
Let’s start our Journey of knowing famous important Indian corruption and scam cases starting from Year 1948.



1.
1948 Jeep Scandal
- V K Krishna Menon was India’s commissioner in London His name was linked with the scam, the name of the scam was Jeep Scam. Indian government had placed an order for 2,000 jeeps with a London-based firm that had false credentials. While most of the money was paid upfront, just 155 jeeps landed. Later Krishna Menon became Prime Minister Jawaharlal Nehru's trusted ally and the defense minister.

2.
Year 1949 - Industry minister Rao Shiv Bahadur Singh, father of Arjun Singh, was jailed for three years for taking a bribe of Rs 25,000 from gemstone trader Sachendubhai Baron for renewing his diamond mining lease

3.
1958 – Indira Gandhi’s Husband Firoz Gandhi exposed the scam. Finance minister T T Krishnamachari, finance secretary H M Patel, LIC chairman L S Vaidyanathan, are some of the names were linked to this LIC scam or scandal.

4.
In 1959 Ramakrishna Dalmia, chairman, Bharat Insurance Company, was arrested for misappropriating around Rs 2.2 crore from the company and sent to jail for two years.

5.
In 1960, businessman Dharma Teja managed to get Rs 22 crore loan from the government to start a shipping company, and then siphoned the money out of the country. He was arrested in Europe and jailed for six years.

6.
In 1965, Orissa chief minister Biju Patnaik (chief minister Naveen Patnaik's father) was forced to resign after it became known that he had favored his privately owned company, Kalinga Tubes, in awarding a government contract.

7.
1970 – Nagarwala Scandal – Regarding this scandal information is not clear and everything is hidden or unexplained. It is said that Nagarwala impersonated the prime minister on the phone and got State Bank of India to give him Rs 60 lakh. Both Nagarwala and the police officer who investigated the case died in mysterious circumstances soon after.

8.
1974 –Maruti Scandal – name of Indira Gandhi is linked. It was reported that her son was favored with a license to make passenger cars in the then highly restrictive-environment

9.
1976 – Oil Scam – The scam is linked to Indira Gandhi and Sanjay Gandhi. A $200-million contract was awarded to the Hong Kong-based Kuo Oil Co to take future deliveries at current prices. The government lost Rs13 crore. It was reported that indirectly money went to Indira and Sanjay.

10.
1980 – THAL Vaishet project scam - In 1980 petroleum secretary H N Bahuguna, N N Kapadia, petroleum minister P C Sethi and K P Unnikrishnan were accused in a scandal where a consultancy contract for the Thal Vaishet project was awarded to a subsidiary of Italian Snamprogetti in violation of laid down-norms.

11.
1981 – Maharashtra Cement Scam Scandal – Maharashtra Chief Minister A R Antulay linked - It was reported that Maharashtra Chief Minister A R Antulay gave Public consumption Cement to Private builders , companies favored them. How much profits which company and who made I did not find information. Did he got the kicksbacks?

12.
1986 – German Submarine Scam – Person linked was Indira Gandhi. It was alleged and reported that Indira Gandhi government got the kickbacks in buying two submarines from German firm HDW

13.
1987 - Bofors Scam – Person Linked Rajiv Gandhi - Rajiv Gandhi and others were accused of receiving Rs 64 crore in payoffs for the 155mm howitzer deal from the Swedish-firm-Bofors.

14.
1991 – Jain hawala case - L K Advani, V C Shukla, C K Jaffer Sharief, Arif Mohammed Khan, Madan Lal Khurana, Kalpnath Rai, N D Tiwari and many others were accused in the Rs 64-crore Jain hawala case.

15.
1991 – Harshad Mehta Scam – Using the Loopholes of law Mehta, SBI, NHB, Grindlays, Citibank and Stanchart were all accused of having played a part in the Rs 10,000 crore securities scandal.

16.
Fodder Scam - Bihar chief minister Laloo Prasad Yadav and other state politicians and bureaucrats were alleged to have siphoned off Rs 950 crore from funds meant for the state animal husbandry department

17.
1996 - M Gopalakrishnan, former chairman and managing director of Indian Bank, and others were accused of having sanctioned huge loans totaling Rs 1,500 crore to companies without obtaining adequate-collateral-security.

18.
1996 – Telecom Scandal - Sukh Ram was charged with accepting kickbacks from a number of telecom companies in exchange for special favors. About $1 million in small-denomination rupee notes was found in the homes of Sukh Ram. Runu Ghosh, a senior official in the Department of Telecommunications (DoT), was arrested on corruption charges, including having allegedly favored telecom equipment manufacturer Advanced Radio Masts Ltd (ARM) in purchase contracts.

19.
1996 - owners of several large shoe companies in Mumbai were arrested on charges of having floated bogus cobbler co-operatives to get low-interest loans from the Maharashtra government

20.
Chain Roop Bhansali's CRB – 1000 crore Rs. Mutual Fund, Banks he got licenses. He got good credit ratings and audit ratings. CRB created a pyramid based on high cost financing, which finally collapsed. But no one was punished.

21.
Tree Plantation Scam – Invest in one teak tree and become crorepati, earn 1000 times more were the advertisements but today all the companies are vanished and common man lost the money. Do you know any one who got paid for investing in Tree, Do you even know any one went to Jail for doing this scam.

22.
Mutual Fund Scam or Scandal – In beginning all mutual funds made the losses and their parent companies bailed them out. One of the famous one is UTI. In 1999 Unit Trust of India got problems and Indian taxpayers paid for this ,bail amount was Rs 4,800 crore

23.Year 2002 – Ketan Parekh Share scam – Manging stock and share prices.

24.Satyam Scam - Rising of small firm into empire

25.Aadarsh Scam

26.Common wealth Scam

27.2 G spectrum Scam

28.S band Scam

29.Cooperative Banks Scam

30.Fake election votes

31.Passport scam

32.Black money scam

33.Escort Scam

34.Ration Card Scam

35.SEZ scam

36.Government land scam

37.Army Land Scam

38.Toll Scam

39.Road Construction Scam

40.Slum Scam

41.Government Housing society Scam

42.Food waste scam

43.Food export scam

44.Illegal construction scam

45.BRT scam

46.Metro Scam

47.Sari and Jewellery Scam

48.Pam Oil Scam

49.Light Scam

50.Arms,purchase,bullet jacket purchase Scam



51. Coalgate Scam  - coal mining scam loss of Rs 185,591 crore

52.Tatra truck  Scam - The scam was estimated at Rs 750 crore.

53. Antrix Devas deal

54.Stamp Paper and Telgi Scam

55. Bellary mining scam

We Indians behave like the 3 monkeys of Gandhi.
Mera Bharat Mahan


The above list is not complete .

Suggested Reading –


Photo showing List of Corruption Scams and total amount of money we Indians lost to these corrupt people


http://realityviews.blogspot.com/2011/07/photo-showing-list-of-corruption-scams.html
Reality views by sm –
Saturday, February 12, 2011

Keyword Tag - List Of Scam 1948 Corruption List India 1948 2011

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