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
37 comments:
thanks 4 your response
and your statement
beautiful
great post
Thought provoking...but will we ever change...the rot is too deep...
OM KASHYAP,,
thanks.
Rekha,,
thanks.
With your permission, I will use the picture in this post in my post too.
This blog is nice.
BK Chowla,,
thanks.
The pic is under reuse policy so anyone can use it.
No permission is required.
Kannan,,
thanks.
root is too deep
that's really a big effort put by you, keep working on it. And the ultimate truth is not at all hidden from us, ie. its India or outside, taking bribe or rather being corrupted is all within us and we feel like full of guts, it has simply become the backbone of our society. so we shouldnt 'say jai ho', cuz its next to an insult for our motherland.
thanks!
ekta,,
thanks.
hi i am glad to inform you that i got brief information about all corruption scandals. please send me detailed one.thanks...
my email id is rvbambhaniya1@gmail.com
ravi,,
thanks.
Your last line has touched me. we Indians follow the Gandhian principle of " Don't see/ hear/ speak evil" only when corruption is taking place in top level political circles while we raise cue and cry for petty bribes in lower levels.
yours
Sermuga Pandian
P.P.S.Pandian,,
thanks.
Hi Sm,
I have given this link in my blog to my study reference. Once have a look. Give your comment over there. If you think it violates, I remove.
http://currentaffairsupdater.blogspot.com/2011/06/50-scams-of-india-from-1948-to-2011.html
chakripcv007,,
thanks.
I will visit your blog.
paper polilitics
Nagabhushan,,
thanks.
will please send me that all scandal n scams details. i likes that n what to do something please help me
milind,
thanks.
this is some thing....which can not be change by gandhism .....need to take the fast action...some people in this universe are not suppose to be for human society ....either if you want to keep alive ..keep them in jail or let them live there life in kala pani....or get them a ride out of our world ...any of the planet.....they are a kind of alien and need to be at different place...otherwise they will ruined our life ..culture..our society....it's us to decide whether they should stay alive or get them" Hang till death" in front of everyone.....
People are still the same....
asking for the way out ...
we are not the kids... we should not have to follow...
we know our law and orders...
but makers have forgotten it....
only we people our following the things....
If wanna to change the system...be in it ...don;t just say and write ...
in above mentioned scandles we have thousands of scandels bt merely hunnders's are arrested and ten's got the custody...
we know in custody as well they are enjoying the life.....
so clear message ....either follow as mentioned or take the command to clean out country if you want a nice and bright future for your kids, your society , your city , state and the country ,...
don;t compromise on scandels .....don;t let our judiciary so lousy and sleepy to decide to take an action if they do....than our responsibility to wake them up....
.....................choose the way************
@Ashu
thanks.
thanks for share...
lets do something to change the system.
support Anna Hazare,Kiran Bedi, Arvind Kejriwal
Still there are number of scandals which didn'dt get focus
A Public servant getting a salary of Rs.1,00,000 approx as per Sixth pay commission gets 12,00,000 in a year and if he serves 30 years he earn 3,60,00,000/- in his whole life you can include increment and other benifits 40,00,000/- total 4crore out of which he pays tax and meets out day to day expenses
I do not find except a few who are having property worth less than their whole life earning
Kulbir Rana,thanks.Anonymous,thanks.
I want to punish all type corrupted person becose they are very dangers person .
Root cause of corruption in India is dirty politics and vandective politician.Weak laws and directionless set up always helpless to trap the high profile indulger in the business.No one has the right to raise this issue, as politician says they are elected.It gives them limitless powers.They even dont care the general public.What will be the future of India........?
@surjeet chandel
thanks.
Hi u have a good job.
Our country or entire world is being ruled by the " Free Market / Open Market " - policy. This theory creates free movement of CAPITAL, which is now known as FINANCE CAPITAL. This will invite automatically a stiff competition amongst the investors & every one trying to increase profit, more profit, more & more profit ... to endless greed. So in this process accumulation of MONEY will be generated to few investors, which in turn will generate corrupt people with increasing process. So it happened in India also.
Root cause , I've mentioned in short on another chapter, just now. The entire society will be changed one day, obviously. So with the change of society the process will be clipped & such anti human process will be automatically curved. This is what I'm telling is in continuation of my previous comments. This is also a phenomenon of "Social Change" - a Philosophy. One may agree or not, but it is my realization ( not faith )based on " Dialectics of Social & Historical " theory.
it's so fine to have this topic for the public view.i would like you to be her daily
what's the naxalites doing . i feel the naxalites should take initiative to punish, rob off all the money valuables and leave the scammers without a penny. this shall cetainly crate a fear among the persons who want to do scam.
This is the Most Unfortunate thing that We have so much big list of Major Scams since 1947. This is Really Shameful for all.
Y S Jaganmohan Reddy Scams?