Thursday, June 20, 2019

Scams of India part 1

              There are many scams in India some of them are listed below.

1. Adarsh housing socity1 scam:-
The Adarsh Housing Society is situated in
Colaba, Mumbai and it is a 31 storey
building constructed in a prime real estate
location. The Adarsh Housing Society was
mainly constructed for the welfare of war
widows and personnel of India's Ministry of
Defence.

2. Bellary mining scam:-
The Bellary mining scandal involved the three mining baron brothers from Karnataka. The
Bellary mining also led to the resignation of the then chief minister B S Yeddyurappa who was
responsible for a loss of about Rs16, 085 crores for the state government.

3. Bhansali scam:-
Bhansali scam took place in the year 1995 which is worth Rs 1,200 crores and the key person
involved in this businessman was Chain Roop Bhansali. Between the periods of 1992 - 1996
Chain Roop Bhansali was running a lot of financial firms.

4. Bofors scandal:-
The Bofors scandal is supposed to be stamping on the Indian Political corruption. The
scandal is all about when the Indian Defense Ministry had to buy Howitzers for its army's
artillery units in March 1986 from AB Bofors, Swedish manufacturer.

5. Cash for vote scam:-
The cash for vote scandal is once again a major scandal in the history of independent India
which involved the then majority-holding parliamentary-party alliance of India headed by Sonia
Gandhi and the United Progressive Alliance supposed to have bribed the member of
Parliaments of the Bharathiya Janata Party.

6. Chopper scam:-
One of the latest scam in India is the Chopper scandal which is better known as Choppergate.
The Chopper scam is all about the politicians and the defence officers against whom charge
sheets have been filed for accepting illegal money from Augusta Westland in clearing an
agreement.

7. Coal allocation scam:-
The Indian coal allocation scam more popularly known through the media as Coalgate is one
of the major controversy in the year 2012 which has led to the consequence of extensive
torment among not only the people but also among the anti-corruption protesters.

8.Cobbler scam:-
One of the biggest scams that have happened in the Indian history is the cobbler scam which
involves money worth several multi million dollars. This was most popularly discussed as theGreat Cobber scam.

9. Commom wealth scam:-
The Commonwealth Games scam conducted in the year 2010 in New Delhi is one of the most
well known scam of India whose main accused being Suresh Kalmadi, the chairman of the
Organizing Committee of the Commonwealth Games. The Commonwealth scam involves a
pilferage of about nearly Rs 70,000 crores.

10. Dalmia scandal:-
One of the top performers in the field of software and IT services was DSQ Software Ltd, in
Chennai India was established in the year 1992. Initially when the company was established it
was known as Square D Software Ltd but later as it got graduated in its field the company
changed its name in the year 1997 to DSQ Software.

11. Fodder scam:-
The fodder scam broke out in 1996 and it involved the apparent misappropriation of nearly Rs
950 crores from the treasury of Bihar government. The fodder scam involves big heads
mostly the government officials of the Bihar State Government and also a number of elected
officials of various administrative departments of Bihar state.

12. Granite scam:-
The granite scam which came to light in the year 2012 is one among the major scandals in
Madurai, in the state of Tamil Nadu. This scam involved the forbidden quarrying of granite in
the nearby area of Madurai district. The granite scam was exposed to the public when the
then collector of Madurai district sent a report on this illegal activity of quarrying to the Chief
Minister's office.

13. Harshad mehta scam:-
The name Harshad M Mehta was in the focus of public attention in the year 1992 with a number of financial crimes charged on him. Harshad Mehta was an Indian Stock broker who
was purported for a huge stock deployed scheme bankrolled by insignificant bank receipts,
which his company negotiated in ready forward transactions between banks.

14. Hawala scam:-
The Hawala scandal or the scam was all about Indian political scandal which involved money
reportedly got by some powerful political figures and bureaucrats, between February 1988,
and April 1991 through Hawala agents namely, 4 Jain brothers the main person being involved
one Surindra Kumar Jain .

15. ISRO spectrum allocation scam:-
One scam in the series is the Indian Space Research Organization's which was kept under the
hat for nearly 6 years and only later hatched out its secret. ISRO spectrum allocation scam
involves the process of allocating the S-band spectrum by ISRO-arm Antrix.

16. Indian airforce scam:-
Another scam which hit the history of Indian defense department which came into public
notice in 2012 when the then defense minister A.K. Antony for an investigation into the scam
by the Central Bureau of Investigation. The defense minister A. K. Antony ordered to probe
into the reported bribery in a deal worth thousands of crores.

To be continued ...........

Thank you for reading my blog............:-):-):-D

2 comments:

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