ummary of all scams in India since 1947
Here is a summary of all scams since independence. These may not be
the only ones. These are the ones that were caught and brought to the
notice of the public. In total, this is coming upto Rs.
910,603,234,300,000, which is equal to USD 20.23 trillion. With this
huge amount, India will become a super-power overnight and can
permanently kill all social problems mainly poverty and unemployment.
Take a detailed look at the list. Great work by the person who compiled it.
World's Largest Republic of Scams - India Scams over the Years...
Bhrashtachar in year 1948
- Jeep scandal case Scandal worth : 80 lakh The jeep
scandal in 1948 was first major corruption case in independent
India.V.K. Krishna Menon, the then Indian high commissioner toBritain,
ignored protocols and signed a Rs 80 lakh contract for the purchase of
army jeeps with a foreign firm.
Reference Link :
http://en.wikipedia.org/wiki/List_of_scandals_in_India#cite_note-175
Bhrashtachar in year 1951
1. Cycle import scam
S.A. Venkataraman, then the secretary, ministry of commerce and
industry, was jailed for accepting a bribe in lieu of granting a cycle
import quota to a company.
Reference Link :
http://www.india-today.com/itoday/20060703/scams.html
Bhrashtachar in year 1956
1. BHU funds misappropriation
Scandal worth : 50 lakh
In one of the first instances of corruption in educational
institutions,BenarasHinduUniversityofficials were accused of
misappropriation of funds worth Rs 50 lakh.
Reference Link :
http://archives.digitaltoday.in/indiatoday/20060703/scams.html
Bhrashtachar in year 1958
1. The Mundhra Scandal
Scandal worth : 1.2 crore
The irregularity was highlighted in 1958 by Indian National Congress
party, who represented the Parliament of India. Indira Gandhi.1.2 crore
Reference Link :
http://articles.timesofindia.indiatimes.com/2011-01-20/india/28371611_1_animal-husbandry-dept-fodder-scam-satyam-scam
Bhrashtachar in year 1960
1. Teja loan scandal
Scandal worth : 22 crore
Shipping magnate Jayant Dharma Teja took loans worth Rs 22 crore to
establish the Jayanti Shipping Company. In 1960, the authorities
discovered that he was actually siphoning off money to his own account,
after which Teja fled the country.
Reference Link :
http://archives.digitaltoday.in/indiatoday/20060703/scams.html
Bhrashtachar in year 1964
1. The Kairon Case
The Dass Commission indictedPunjabchief minister Pra-tap Singh Kairon
for allowing family members to amass wealth. Kairon quit office.
Reference Link :
http://www.outlookindia.com/article.aspx?204016
Bhrashtachar in year 1965
1. Kaling tubes scandal
Orissa chief minister Biju Patnaik had to quit as CM following
allegations that he had favoured Kalinga Tubes, a company owned by him,
in awarding a government contract
Reference Link :
http://articles.timesofindia.indiatimes.com/2011-01-20/india/28371611_1_animal-husbandry-dept-fodder-scam-satyam-scam
Bhrashtachar in year 1971
1. Nagarwala scandal
Scandal worth : 60 lakh
On May 24, 1971, INR 60 lakh was withdrawn from the State Bank of India, Parliament Street branch, and given to a "
Bangladesh ka babu"
(Hindi for "man from Bangladesh") after the chief cashier, Ved Prakash
Malhotra, got a call purportedly from Indira Gandhi then Prime Minister
of India asking him to do so.
Reference Link :
http://en.wikipedia.org/wiki/1971_Nagarwala_scandal
Bhrashtachar in year 1974
1. Maruti scandal
Well before the company was set up, former prime minister Indira
Gandhi\'s name came up in the first Maruti scandal, where her son Sanjay
Gandhi was favoured with a licence to make passenger cars.
Reference Link :
http://archives.digitaltoday.in/indiatoday/20060703/scams.html
Bhrashtachar in year 1976
1. Kuo oil scandal
Scandal worth : 2.2 crore
During the Emergency, the government-owned Indian Oil Corporation
entered a 2.2-cr contract for oil with a company inHong Kongthat turned
out to be fictitious, for a kickback
Reference Link :
http://articles.timesofindia.indiatimes.com/2011-01-20/india/28371611_1_animal-husbandry-dept-fodder-scam-satyam-scam
Bhrashtachar in year 1981
1. Antulay Trust
Scandal worth : 30 crore
With the exposure of this scandal concerning A.R. Antulay, then the
chief minister ofMaharashtra, The Indian Express was reborn. Antulay had
garnered Rs 30 crore from businesses dependent on state resources like
cement and kept the money in a private trust.
Reference Link :
http://archives.digitaltoday.in/indiatoday/20060703/scams.html
Bhrashtachar in year 1987
1. Bofors Scandal
Scandal worth : 64 cr
The Swedish armaments firm was accused of paying 64 cr as kickbacks
to various middlemen including some close to prime minister Rajiv Gandhi
to ensure that its gun would be bought by the Indian army
Reference Link :
http://articles.timesofindia.indiatimes.com/2011-01-20/india/28371611_1_animal-husbandry-dept-fodder-scam-satyam-scam
Bhrashtachar in year 1989
1. StKitts Forgery
Scandal worth : 21 million
An attempt was made to sully V.P. Singh's Mr Clean image by forging
documents to allege that he was a beneficiary of his son Ajeya Singh's
account in the First Trust Corp. at St Kitts, with a deposit of $21
million.
Reference Link :
http://archives.digitaltoday.in/indiatoday/20060703/scams.html
Bhrashtachar in year 1990
1. Airbus scandal
Scandal worth : 2.5 crore
Indian Airlines's (ia) signing of the Rs 2,000-crore deal with Airbus
instead of Boeing caused a furore following the crash of an A-320. New
planes were grounded, causing IA a weekly loss of Rs 2.5 crore.
Reference Link :
http://archives.digitaltoday.in/indiatoday/20060703/scams.html
Bhrashtachar in year 1992
1. Harshad Mehta Scam
Scandal worth : 5,000 crore
Several stock brokers, prominent among them the Big Bull Harshad
Mehta, siphoned money from banks to play the stockmarkets. The loss to
banks was put at about 5,000 cr
Reference Link :
http://articles.timesofindia.indiatimes.com/2011-01-20/india/28371611_1_animal-husbandry-dept-fodder-scam-satyam-scam 2. Palmolein Oil Import Scam
Palm Olein Import Scam (Palm Olein Case, Palm Olein Corruption Case,
1991–92) are the alleged irregularities in the import of palm olein by
K. Karunakaran lead United Democratic Front Government of the state
ofKerala,Indiathrough the Power and Energy Limited Company.
Reference Link :
http://en.wikipedia.org/wiki/Palmolein_Oil_Import_Scam 3. Indian Bank scandal
Scandal worth : 1,300 crore
Aided by M. Gopalakrishnan, then the chairman of the Indian Bank,
borrowers-mostly small corporates and exporters from the south-were lent
a total of over Rs 1,300 crore, which they never paid back.
Reference Link :
http://archives.digitaltoday.in/indiatoday/20060703/scams.html
Bhrashtachar in year 1994
1. Sugar import scam
Scandal worth : 4,200 crore
The facts unfolded that some nominal shortage was expected; so one
shipload was imported at a high rate of Rs 16 per kg around May, when
70-lakh tonnes of sugar were in stock,” he explains. “Since sugar
production season was complete by April, all the costing had been
completed and the issue price was also fixed. Subsequently when sugar
was imported at such a high cost, the inland prices of stock were made
to jump to the same level.” An additional Rs 6 per kg to the existing
stock meant a neat Rs 4,200 crore! Eerie. About a week ago the central
bank asked all commercial banks to sanction additional loan limits of Rs
420 crore to sugar mills for creating buffer stock.
Reference Link :
http://www.thehindubusinessline.in/mentor/2007/07/23/stories/2007072350441200.htm
|
Bhrashtachar in year 1996
|
| 1. |
CBI court calls Lalu in fodder scam case |
| |
Scandal worth :  950 crore |
| |
The CBI has over the years registered 63 cases in the Rs 950 crore fodder scam, which came to light in 1996.
|
| |
Reference Link : http://www.indianexpress.com/news/cbi-court-calls-lalu-in-fodder-scam-case/907746/ |
| |
| 2. |
Sukh Ram |
| |
Sukh Ram is a former union communications minister in Indian National
Congress Government. He was a member of Lok Sabha from Mandi
constituency of Himachal Pradesh. He won the Vidhan Sabha election five
times and the Lok sabha election three times.
|
| |
Reference Link : http://en.wikipedia.org/wiki/Sukh_Ram#Controversies |
| |
| 3. |
C R Bhansali scam |
| |
Scandal worth : 1,100 crore |
| |
It's so easy to shake off a lakh investors and depositors. Here is
how C R Bhansali did it: Move houses, change your phone numbers, and
flit in and out of town.
|
| |
Reference Link : http://www.indianexpress.com/oldStory/24636/ |
| |
| 4. |
Fertiliser import scam |
| |
Scandal worth : 133 crore |
| |
Mumbai, Sept 17: State Bank of India has absolved itself from
allegations that it had violated the Foreign Exchange Regulation Act
(Fera) in the Rs 133-crore urea import scam of 1996, what with the
Enforcement Directorate (ED) maintaining a stoic silence on its bank
probe and with the Central Bureau of Investigation (CBI) yet to book the
culprits.
|
| |
Reference Link : http://www.expressindia.com/fe/daily/19980918/26155614.html |
|
Bhrashtachar in year 2001
|
| 1. |
Ketan Parekh |
| |
Ketan Parekh is a former stock broker from Mumbai, India, who was
convicted in 2008, for involvement in the Indian stock market
manipulation scam in late 1999-2001. Currently he has been debarred from
trading in the Indian stock exchanges till 2017
|
| |
Reference Link : http://en.wikipedia.org/wiki/Ketan_Parekh |
| |
| 2. |
Barak Missile scandal |
| |
The Barak Missile Scandal is a case of alleged defence corruption
relating to the purchase of Barak 1 Missile Systems by India from
Israel. The case is currently under investigation by the Central Bureau
of Investigation, and several people including the Samata Party
ex-treasurer R.K. Jain have been arrested. Others named in the First
Information Report include politicians George Fernandes and Jaya
Jaitley, and arms dealer and ex-naval officer Suresh Nanda, who is the
son of retired chief of naval staff S.M. Nanda.
|
| |
Reference Link : http://en.wikipedia.org/wiki/Barak_Missile_Scandal |
| |
| 3. |
Calcutta Stock Exchange scam |
| |
Scandal worth : 120 crore |
| |
Former president of Calcutta Stock Exchange and one of the "main"
accused in last year's Rs 120 crore (Rs 1.2 billion) CSE scam Dinesh
Kumar Singhania was arrested on Wednesday from his Salt Lake residence,
Deputy Commissioner of Police (detective department) Soumen Mitra said.
|
| |
Reference Link : http://www.rediff.com/money/2002/nov/20cse.htm |
|
Bhrashtachar in year 2002
|
| 1. |
stamp paper scam |
| |
Scandal worth : 20,000 crore |
| |
The tentacles of the fake stamp and stamp paper scam, better known as
the Telgi scam, has penetrated 12 states and is estimated at a whopping
Rs 20,000 crore plus. Between 1992 and 2002, 12 cases were registered
against Telgi relating to counterfeit stamps in Maharashtra alone and 15
cases in other parts of the country, but the lack of serious action
suggests that the scamster had mastered the technique of corrupting the
system.
|
| |
Reference Link : http://www.financialexpress.com/news/telgi-scam/83736/0 |
| |
| 2. |
Provident Fund (PF) scam |
| |
Provident Fund (PF) scam
|
| |
Reference Link : http://www.frontlineonnet.com/fl1911/19110500.htm |
| |
| 3. |
Kargil Coffin Scam |
| |
New Delhi, Aug 22: The Central Investigation Bureau (CBI) has
reportedly finished putting together the chargesheet in 2002 Coffin scam
related to the Kagil War. A report in CNN-IBN has revealed that the
chargesheet names three Indian Army officials and a US company.
|
Bhrashtachar in year 2003
|
| 1. |
Taj corridor case |
| |
The Taj Heritage Corridor case is an alleged scam wherein 2002–2003,
the then Chief Minister of Uttar Pradesh Mayawati and a minister in her
government, Nasimuddin Siddiqui, were charged with corruption.
|
| |
Reference Link : http://en.wikipedia.org/wiki/Taj_corridor_scandal |
| |
| 2. |
HUDCO scam |
| |
Scandal worth : 5,000 crores |
| |
Allegation of misuse of funds against former Minister Anantha Kumar
Three part-time Directors of HUDCO sanctioned loans amounting to Rs.
5,000 crores to 50 corporate houses in a day
|
| |
Reference Link : http://www.hindu.com/2005/08/30/stories/2005083008241200.htm |
|
Bhrashtachar in year 2004
|
| 1. |
Gegong Apang |
| |
Gegong Apang (born July 8, 1949) is an Indian politician from
Arunachal Pradesh. He was born to parents of Adi descent. He served as
Chief Minister of Arunachal Pradesh from January 18, 1980 to January 19,
1999 and again from August 2003 to April 2007, when he was replaced by
Dorjee Khandu.
|
| |
Reference Link : http://en.wikipedia.org/wiki/Gegong_Apang#Corruption |
|
Bhrashtachar in year 2008
|
| 1. |
Cash-for-votes scandal |
| |
The cash-for-votes scandal is a scandal in which the United
Progressive Alliance, the majority-holding parliamentary-party alliance
of India led by Sonia Gandhi, allegedly bribed Indian MPs in order to
survive a confidence vote on 22 July 2008.
|
| |
Reference Link : http://en.wikipedia.org/wiki/Cash-for-votes_scandal |
| |
| 2. |
Bluff Master Ali |
| |
Scandal worth : 36,000 crore |
| |
THE SENSATIONAL case of Hasan Ali Khan, the man believed to have
stashed away Rs 36,000 crore in offshore accounts, has gripped the
nation’s imagination. Over the past few months, the media has been awash
with stories on Khan’s stupendous wealth.
|
| |
Reference Link : http://www.tehelka.com/story_main49.asp?filename=Ne160411Coverstory.asp |
| |
| 3. |
The inside story of how Satyam scam unfolded |
| |
The Serious Fraud Investigation Office will probe also Maytas infrastructure as part of the Satyam financial scam probe.
|
| |
Reference Link : http://ibnlive.in.com/news/the-inside-story-of-how-satyam-scam-unfolded/83158-7.html |
| |
| 4. |
State Bank of Saurashtra scam |
| |
Scandal worth : 95 crore |
| |
Two months after the grand merger of over 420 branches of the State
Bank of Saurashtra with the State Bank of India, the Reserve Bank of
India has unearthed a Rs 95.40-crore scam from the Bhavnagar branch of
the former, when it was the headquarter of the erstwhile SBS.
|
| |
Reference Link : http://www.indianexpress.com/news/rbi-detects-rs-95.40crore-scam-after-sbisb/382474/ |
| |
| 5. |
Army ration pilferage scam |
| |
Scandal worth : 5,000 crore |
| |
Army ration pilferage scam - 5,000 crore
|
| |
Reference Link : http://www.rediff.com/business/slide-show/slide-show-1-the-biggest-scams-in-india/20101230.htm |
| |
| 6. |
Jharkhand medical equipment scam |
| |
Scandal worth : 130 crore |
| |
Former Jharkhand health minister Bhanu Pratap Sahi on Saturday
surrendered in a CBI court in Ranchi for his suspected involvement in
the National Rural Health Mission (NRHM) financial misappropriation
scandal, popularly known as the medicine scam.
|
| |
Reference Link : http://daily.bhaskar.com/article/BIH-jharkhands-ex-minister-surrenders-in-medicine-scam-2333259.html |
| |
| 7. |
Haryana Teachers' recruitment scam |
| |
Former Haryana chief minister Om Prakash Chautala, his son Ajay
Chautala and two IAS officers are among the 60 persons named in the
chargesheet filed by the CBI on Friday in the Junior Basic Trained (JBT)
teachers' recruitment scam of 2003 when the accused used forged
documents to appoint 3,206 teachers after taking hefty amounts from them
which could collectively run into crores of rupees.
|
| |
Reference Link : http://articles.timesofindia.indiatimes.com/2008-06-07/india/27765980_1_recruitment-scam-ias-officers-ajay-chautala |
| |
|
Bhrashtachar in year 2009
|
| 1. |
Madhu Koda |
| |
Scandal worth : 4000 crore |
| |
On 10 October 2009, he was charged with laundering money.The Income
Tax Department uncovered over 4000 crore in illegal assets owned by
Koda. Among others, these assets were reported to include hotels and
three companies in Mumbai, property in Kolkata, a hotel in Thailand, and
a coal mine in Liberia.
|
| |
Reference Link : http://en.wikipedia.org/wiki/Madhu_Koda#Money-laundering_and_mining_scam |
| |
| 2. |
Goa Special Economic Zone (SEZ) scam |
| |
Three years after the Congress-led coalition government in Goa
cancelled seven controversial special economic zone (SEZ) allotments,
the scam is back to haunt two of the party's former chief ministers and a
legislator.
|
| |
Reference Link : http://expressbuzz.com/nation/goas-land-scam-haunts-two-congress-ex-cms/340754.html |
| |
| 3. |
Rice export scam |
| |
Scandal worth : 2,500 crore |
| |
Rice export scam - 2,500 crore
|
| |
Reference Link : http://www.rediff.com/business/slide-show/slide-show-1-the-biggest-scams-in-india/20101230.htm |
| |
| 4. |
Orissa mining scam |
| |
Scandal worth : 7,000 crore |
| |
Orissa mining scam - 7,000 crore
|
| |
Reference Link : http://www.rediff.com/business/slide-show/slide-show-1-the-biggest-scams-in-india/20101230.htm |
| |
| 5. |
Orissa paddy scam |
| |
An Right to Information (RTI) activist in Orissa's Nuapada district
has unearthed a scam in which rice millers in collusion with government
officials are minting money by carrying out fake transactions and in the
process selling the highly subsidised Rs 2 per kg PDS rice back to the
government at Rs 17 per kg.
|
| |
Reference Link : http://www.ndtv.com/news/india/rti_activist_unearths_paddy_scam_in_orissa.php |
| |
| 6. |
Sukhna land scam - Darjeeling |
| |
The Army on Wednesday said it had received the report of a probe
committee that has reportedly recommended disciplinary action against
four General-ranking officers in connection with Darjeeling land scam
case and would analyse it.
|
| |
Reference Link : http://zeenews.india.com/news/nation/darjeeling-land-scam-army-says-will-analyse-probe-report_589811.html |
| |
| 7. |
Vasundhara Raje land scam |
| |
In compliance with a court directive, the police on Monday registered
a criminal case against the former Rajasthan Chief Minister Vasundhara
Raje and five others in connection with the Deendayal Upadhyay Trust
land scam. All of them have been accused of cheating, criminal
conspiracy and breach of trust.
|
| |
Reference Link : http://www.thehindu.com/todays-paper/tp-national/article374215.ece |
| |
| 8. |
Austral Coke scam |
| |
Scandal worth : 1,000 crore |
| |
The government has ordered an enquiry by the Serious Fraud
Investigation Office into the alleged financial irregularities by
metallurgical coking coal producer Austral Coke.
|
| |
Reference Link : http://zeenews.india.com/news/companies-and-commodities/sfio-to-probe-into-austral-coke-s-alleged-rs-1000-cr-fraud_598599.html |
| |
| 9. |
Gujarat's VDSGCU Sugarcane scam |
| |
Scandal worth : 18.7 crore |
| |
The managing director of the Vadodara District Sugarcane Grower’s
Cooperative Union (VDSGCU), B M Patel, who is an accused in the
sugarcane scam, was arrested by the Karjan police on Tuesday. Patel was
produced before a local court for a two-day remand.
|
| |
Reference Link : http://www.indianexpress.com/news/accused-in-sugarcane-scam-arrested/551878/ |
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|
Bhrashtachar in year 2010
|
| 1. |
2G spectrum scam |
| |
Scandal worth : 176,000 cror |
| |
2G spectrum scam - In the audit report, CAG puts the loss at 176,000
crore.The 2G spectrum scandal involved officials in the government of
India illegally undercharging mobile telephony companies for frequency
allocation licenses, which they would use to create 2G subscriptions for
cell phones.
|
| |
Reference Link : http://en.wikipedia.org/wiki/2G_spectrum_scam |
| |
| 2. |
whereas CBI pegs the loss |
| |
Scandal worth : 30,984 crore |
| |
whereas CBI pegs the loss at 30,984 crore.The Central Bureau of
Investigation (CBI) is a governmental agency belonging to Government of
India that serves as both a criminal investigation body, national
security agency and intelligence agency
|
| |
Reference Link : http://en.wikipedia.org/wiki/Central_Bureau_of_Investigation |
| |
| 3. |
Adarsh Housing Society Scam |
| |
he Adarsh Housing Society is a cooperative society in the city of
Mumbai in India. The origins of the scam go back to February 2000 when a
request was made to the Chief Minister of Maharashtra to allot land in
the heart of Mumbai for the construction of a housing complex for "the
welfare of serving and retired personnel of the Defence Services.
|
| |
Reference Link : http://en.wikipedia.org/wiki/Adarsh_Housing_Society_Mumbai |
| |
| 4. |
Commonwealth Games scam |
| |
A number of concerns and controversies surfaced before the 2010
Commonwealth Games in New Delhi, India, which received widespread media
coverage both in India (the host nation) and internationally.
|
| |
Reference Link : http://en.wikipedia.org/wiki/Commonwealth_Games_scam |
| |
| 5. |
LIC housing loan scam |
| |
The 2010 fake housing loan in India was uncovered by the Central
Bureau of Investigation (CBI) in India. CBI arrested eight top-ranking
officials of public sector banks and financial institutions, including
the LIC Housing Finance CEO Ramchandran Nair, in connection with the
scam.
|
| |
Reference Link : http://en.wikipedia.org/wiki/2010_housing_loan_scam_in_India |
| |
| 6. |
Belekeri port scam |
| |
The Belekeri port scam relates to 3.5 million tons of confiscated
iron ore that was exported illegally from Belekeri port near Karwar in
Karnataka.
Bhrashtachar in 2013
Saradha Group financial scandal
Saradha Group financial scandal is an alleged financial scam run by Saradha Group, a consortium of Indian companies running a wide variety of ponzi scheme in the guise of collective investment scheme (popularly but incorrectly referred in rural India as chit fund) in Eastern India. [1] The group collapsed in April 2013 causing an estimated loss of between INR 20,000 - 30,000 crores (4 - 6 billion USD). [2][3] In the aftermath of this financial scandal the State government of West Bengal set up an inquiry commission to investigate the collapse [4] and have also announced setting up a fund of INR 500 crores to ensure that smallest investors are not bankrupted. [5]
Modus operandi
Companies belonging to Saradha Group were incorporated from 2006,
initially the companies started to collect money from public by issuing
secured debentures and redeemable preferential debentures. However under
Indian Securities regulations and Indian Companies Act enforced by
market regulator Securities and Exchange Board of India (SEBI),
a company cannot raise capital from more than 49 persons without taking
permission from SEBI. On being challenged by SEBI, in around 2009, the
Group started opening numerous companies (over 300 under some estimate)
to create cross-holdings etc. and have tiered corporate structure to
make it difficult to pin blame on any one company. However by 2010 under
relentless pressure from SEBI, the companies changed its modus operandi
and started to conduct business under a collective investment scheme
(CIS) which it touted as a form of chit fund, as chit funds were
regulated by state government, SEBI warned the state government of West
Bengal, later SEBI realised that these were not chit funds but CIS and
asked them to immediately stop operating these forms of investment
schemes without taking permission from SEBI. The companies by 2011 yet
again changed its operating strategy and started chain marketing and
forward hotel booking etc. but sold it to public as investment
opportunity. Finally in April 2013 just after the collapse of the fund
SEBI opined that chain marketing and forward contracts are forms of CIS
and asked Saradha Group to immediately desist from raising any further
capital and return all deposits by three months. [6][7]
Key People
- Sudipto Sen
- Debjani Mukhopadhdhay
- Somnath Dutta
Alleged TMC Leaders
In a mail [8] to Central Bureau of Investigation Saradha Group CMD Sudipta Sen has made allegation of extortion against various persons.
Alleged INC Leaders
Operation
Media Operations
Saradha group was the owner of:
- Bengal Post (English Daily)
- Seven Sisters Post (English Daily from Assam)
- Kolom (A Urdu Daily)
- Channel 10 (Television Media)
- Paroma (Bengali Daily)
Tollywood Operations
Saradha Group was a financier in Tollywood. Film actress Satabdi Roy was their Brand-Ambassador. Tapas Paul was also associated with them.
Nalini Chidambaram's involvement
Union minister of Finance's wife Nalini Chidambaram is also was also indicated in the scam by TMC and Sudipta Sen. [11]
Victims
Since the breaking out of the news of the financial scam, many agents and depositors have committed suicide.
- Tapan Biswas (36, depositor, Balrampur, Purulia), by hanging himself from the ceiling of his house, on April,26
- Dilip Mandal (55, agent, Delsinha village near Phalta, South 24 Parganas), by consuming pesticides, on April 25
- Urmila Pramanik (50, depositor, Baruipur, South 24 Parganas), by setting herself on fire, on April 20
- Yadav Majhi (33, agent, Mayabazar, Durgapur, Burdwan), by hanging himself from the ceiling of his house, on April 19
Reference Link : http://en.wikipedia.org/wiki/Saradha_Group_financial_scandal
|
Bhrashtachar in year 2012
|
| 1. |
Coal Mining Scam |
| |
Scandal worth : 1,070,000 crore |
| |
In a shocking revelation, a news paper has claimed that it has a copy
of CAG report that contains estimate of loss in coal allocation to be
Rs 10.7 lakh crore.
|
| |
Reference Link : http://in.news. * .com/video/national-22564751/cag-estimates-rs-10-7-lakh-crore-loss-in-coal-allocation-28695746.html |
| |
| 2. |
Karnataka Wakf Board Land Scam |
| |
Scandal worth : 200,000 crore |
| |
The scam is believed to be worth over Rs 2 lakh crore – more than the
estimated Rs 1.76 lakh crore loss suffered by the exchequer in the 2G
spectrum allocation scam. A report on the same was submitted to state
Chief Minister DV Sadananda Gowda by Karnataka Minorities Commission
Chairman Anwar Manipaddy on Monday.
|
| |
Reference Link : http://zeenews.india.com/news/karnataka/now-rs-2-lakh-cr-wakf-land-scam-in-karnataka_766394.html |
| |
| 3. |
Andhra Pradesh land scam |
| |
Scandal worth : 100,000 crore |
| |
Providing fodder to the CBI probing the various land allotments in
the state during the YSR government, the Comptroller and Auditor General
(CAG) has concluded that the Andhra Pradesh government doled out
thousands of acres of government land to private individuals on an ad
hoc and arbitrary manner without safeguarding the interests of the
state. The CAG report for the year ending March 31, 2011, was tabled in
the assembly on Thursday.
|
| |
Reference Link : http://timesofindia.indiatimes.com/india/Y-S-Rajasekhara-Reddys-land-doles-cost-Andhra-Rs-1-lakh-crore-CAG/articleshow/12462676.cms |
| |
| 4. |
Service Tax and Central Excise Duty fraud |
| |
Scandal worth : 19,159 crore |
| |
Comptroller and Auditor General of India (CAG) today said that there
over 10,300 cases of fraud involving over Rs 19,159 crore in service tax
and central excise duty during 2008-11.
|
| |
Reference Link : http://economictimes.indiatimes.com/news/economy/policy/rs-19k-cr-service-tax-central-excise-duty-frauds-in-2008-11-cag/articleshow/12472176.cms |
| |
| 5. |
Gujarat PSU financial irregularities |
| |
Scandal worth : 17,000 crore |
| |
The Gujarat Assembly’s budget session has been drawn into the mire
over controversies one after the other. If the porngate scandal
involving two BJP MLAs was not enough, the CAG report presented before
the Gujarat assembly on the last day of the budget session tore into the
Modi government on the issue of corruption by pointing out
irregularities causing a cumulative loss of nearly Rs 17,000 crore.
|
| |
Reference Link : http://daily.bhaskar.com/article/GUJ-NEWS-cag-report-slams-modi-govt-over-rs-17000-cr-losses-3039446.html?HT2= |
| |
| 6. |
Maharashtra stamp duty scam |
| |
Scandal worth : 640 crore |
| |
The opposition on Tuesday sought to blame Maharashtra\'s financial
mess on a series of scams which have been allegedly perpetuated by
members of the DF government. Upping the ante over the alleged
large-scale misappropriation in the contracts awarded for franking of
stamps for payment of stamp duty, opposition leader in the legislative
council Vinod Tawde (BJP) hinted at the involvement of the sons of two
former Maharashtra chief ministers in the Rs 640 crore scam.
|
| |
Reference Link : http://articles.timesofindia.indiatimes.com/2012-03-28/mumbai/31248900_1_adarsh-scam-registration-controller-franking |
| |
| 7. |
Highway scam |
| |
Scandal worth : 70 crore |
| |
The malpractices are to the tune of over Rs 70 crore according to the World Bank\'s estimates.
|
| |
Reference Link : http://ibnlive.in.com/news/rs-70-crore-fraud-in-nhai-world-bank-report/245317-3.html |
| |
| 8. |
Ministry of External Affairs gift scam |
| |
The ministry of external affairs (MEA) has sought a Central Bureau of
Investigation (CBI) probe into the alleged irregularities in the
procurement of gifts by its protocol division.
|
| |
Reference Link : http://indiatoday.intoday.in/story/mea-seeks-cbi-probe-into-gift-scam/1/172445.html |
| |
| 9. |
Himachal Pradesh pulse scam |
| |
Shimla, Jan 31 (PTI) Two Himachal Pradesh\'s Civil Supplies
Corporation officers were suspended for their alleged involvement in the
multi-crore pulse scam, the state government today said. \"HPCSC
General Manager Ashok Kumar and procurement officer Ram Lal have been
placed under suspension,\" Food and Civil Supplies minister Romesh
Dhawala said while refuting charges that the government was going slow
in bringing the culprits to book.
|
| |
Reference Link : http://ibnlive.in.com/generalnewsfeed/news/two-officers-suspended-in-hp-pulse-scam/958639.html |
| |
| 10. |
Flying Club fraud |
| |
Scandal worth : 190 crore |
| |
An investigation by the Central Vigilance Commission has found that a
majority of flying schools/clubs in India posed as registered
societies, operating on no-profit no-loss basis, to avoid paying the
government full fee for operations. Resultantly, the government has lost
at least Rs 190 crore in revenue, according to the CVC probe.
|
| |
Reference Link : http://articles.timesofindia.indiatimes.com/2012-02-28/india/31107497_1_clubs-fee-societies |
| |
| 11. |
Andhra Pradesh liquor scam |
| |
Trouble seems to be brewing for the Kiran Reddy government in Andhra
Pradesh over the liquor scam which CNN-IBN had reported first. The
Andhra Pradesh High Court has sent notices to the Andhra Pradesh Chief
Minister Kiran Reddy, state Congress chief B Satyanarayana, Excise
Minister M Venkatramana and leader of Opposition Chandrababu Naidu.
|
| |
Reference Link : http://ibnlive.in.com/news/andhra-liquor-scam-hc-notice-to-cm-others/241830-62-127.html |
| |
| 12. |
Jammu and Kashmir Cricket Association scam |
| |
Scandal worth : 50 crore |
| |
There is no field without corruption and in latest case, embezzlement
to the tune of Rs 50 crore has surfaced in JKCA and it’s only a tip of
the iceberg. One officer has been terminated and other has been asked to
resign but basically, JKCA is headed by Farooq Abdullah and there
should be an FIR registered against him,” she said, adding, “When FIR
can be registered against (Suresh) Kalmadi and investigations done, why
can’t against Farooq Abdullah against whom there are already allegations
of corruption in Haji Yousuf case? Why double standards?”
|
| |
Reference Link : http://www.brighterkashmir.com/index.php/nl/world/canada/204-50-crore-jkca-scam-surfaced |
| |
| 13. |
Jammu and Kashmir PHE scam |
| |
Jammu and Kashmir Special Anti- Corporation Court has ordered a probe
by the State Vigilance Organisation into allegations of multi-crore
scams against Congress minister Taj Mohi-ud-Din.
|
| |
Reference Link : http://news.outlookindia.com/items.aspx?artid=750888 |
| |
| 14. |
Jammu and Kashmir recruitment scam |
| |
Committee in which at least 160 people are alleged to have been employed under political influence.
According
to records of the Municipal Committee, recruitment norms like calling
for applications and holding interviews for various posts were not
adhered to. The politicians whose names figured in the recruitment
process include Deputy Chief Minister Tara Chand, Legislative Assembly
Speaker Mohammad Akbar Lone and Opposition PDP MLA from Bandipora
Nizamuddin Bhat.
|
| |
Reference Link : http://www.risingkashmir.com/news/recruitment-scam-in-bandipora-mc-22347.aspx |
| |
| 15. |
Jammu and Kashmir examgate |
| |
Reports said on Wednesday that an investigation report of the Jammu
and Kashmir Police’s Crime Branch has indicted state Education Minister
Peerzada Mohammad Sayeed for helping his son pass the Board examination
in 2009 using unfair means.
|
| |
Reference Link : http://zeenews.india.com/news/jammu-and-kashmir/jandk-minister-s-son-helped-in-exams-probe-report_757330.html |
| |
| 16. |
Jammu and Kashmir dental scam |
| |
Scams after scams Omar Abdullah Government is under the fire again.
TIMES NOW accesses exclusive documents exposing a multi crore scam in
Jammu and Kashmir dental colleges, clearly showing how state authorities
have bought medical equipment at a price way higher than their actual
quotation bleeding the exchequer completely dry.
|
| |
Reference Link : http://www.timesnow.tv/Exclusive-Multi-crore-dental-scam/articleshow/4399532.cms |
| |
| 17. |
Punjab paddy scam |
| |
Scandal worth : 18 crore |
| |
The police has registered a case against the son of a senior Akali
leader and three officials of the Markfed for their alleged involvement
in a paddy scam worth Rs 18 crore.
|
| |
Reference Link : http://www.tribuneindia.com/2012/20120118/jal.htm#4 |
| |
| 18. |
NHPC cement scam |
| |
Smelling a big scam in cement supply to Parbati hydroelectric
state-III near Sainj river in Kullu district, a joint team of CBI
officials from Shimla and Chandigarh raided 3 godowns of the National
Hydroelectric Power Corporation (NHPC) and a construction company in
Kullu and Chandigarh.
|
| |
Reference Link : http://timesofindia.indiatimes.com/india/Cement-scam-CBI-raids-3-NHPC-godowns/articleshow/12576024.cms |
| |
| 19. |
Girivan (Pune) land scam |
| |
It’s a hill station that’s fast turning into a hot potato after being designated one of India’s biggest land scams by many.
|
| |
Reference Link : http://www.mid-day.com/news/2012/apr/090412-mumbai-Hill-station-in-mountain-of-trouble.htm |
| |
|
Bhrashtachar in year 2011
|
| 1. |
Uttar Pradesh NRHM scam |
| |
Scandal worth : 10,000 crore |
| |
CBI has arrested three more persons, including two bureaucrats and a
trader, in connection with alleged irregularities in utilisation of
funds allocated under the National Rural Health Mission (NRHM).
|
| |
Reference Link : http://www.thehindu.com/news/national/article2780219.ece |
| |
| 2. |
ISRO's S-band scam |
| |
Scandal worth : 200,000 crore |
| |
The daily said Devas was to allegedly benefit unbridled use of 70 Mhz
of the scarce S-Band spectrum over a 20 year period from which the CAG
has made preliminary estimate of a loss of Rs. 2,00,000 crore to the
exchequer.
|
| |
Reference Link : http://www.hindustantimes.com/India-news/NewDelhi/Another-scam-auditor-probes-ISRO-s-S-Band-spectrum-deal/Article1-659631.aspx |
| |
| 3. |
KG Basin Oil scam |
| |
National auditor CAG (Comptroller and Auditor General of India) on
Thursday castigated the Oil Ministry for allowing Reliance Industries to
retain its entire eastern offshore KG-D6 block in contravention of the
Production Sharing Contract, but did not comment on more than tripling
of the field development cost.
|
| |
Reference Link : http://indiatoday.intoday.in/story/cag-report-on-kg-basin-puts-ril-in-the-dock/1/150531.html |
| |
| 4. |
Goa mining scam |
| |
Scandal worth : 3,500 crore |
| |
Accused of sitting on a Rs.3,500 crore illegal mining scam, the Goa
government Friday got a major reprieve after the speaker refused to
table the damning Public Accounts Committee (PAC) report in the
assembly, the last day of the monsoon session.
|
| |
Reference Link : http://www.deccanherald.com/content/196186/goa-mining-scam-pac-report.html |
| |
| 5. |
Bellary mining scam |
| |
Rising global iron-ore prices driven by Chinese demand brought focus
to the iron ore rich Bellary region of Karnataka. This iron ore is
alleged to have been illegally mined after paying a minuscule royalty to
the government.
|
| |
Reference Link : http://en.wikipedia.org/wiki/Illegal_mining_in_India#Interim_Lokayukta_report_of_December_2008 |
| |
| 6. |
Bruhat Bengaluru Mahanagara Palike scam |
| |
Scandal worth : 3,207 crore |
| |
The high court on Monday issued notices to the BBMP, state government
and CBI with regard to a petition alleging large-scale misappropriation
of BBMP funds earmarked for development schemes.
|
| |
Reference Link : http://www.dnaindia.com/bangalore/report_bbmp-scam-hc-notices-to-government-cbi_1632785 |
| |
| 7. |
Himachal Pradesh HIMUDA housing scam |
| |
The Himachal Pradesh government today admitted in the State Assembly
that irregularities had been detected in grant of licences to three
prime builders of mega housing projects, but blamed the bureaucracy .
|
| |
Reference Link : http://www.indianexpress.com/news/hp-govt-admits-to-scam-in-housing-licences/772725/ |
| |
| 8. |
Pune housing scam |
| |
In an unnerving parallel to the Adarsh Society Scam in Mumbai another
land scam surfaced from Pune involving high ranking Army officers,
police personnel and civil servants.
|
| |
Reference Link : http://www.ndtv.com/article/cities/pune-housing-scam-using-kargil-to-grab-land-78514 |
| |
| 9. |
Pune land scam |
| |
An alleged tech park land scam in Yerawada involving DB Realty is now under anti-corruption crusader Anna Hazare\'s scanner.
|
| |
Reference Link : http://www.ndtv.com/article/cities/biggest-land-scam-in-pune-now-under-hazares-scanner-97161 |
| |
| 10. |
Orissa pulse scam |
| |
Scandal worth : 700 crore |
| |
Orissa Woman and Child Development Minister Pramila Mallick on
Saturday resigned from the Cabinet in the wake of allegations by
opposition Congress and BJP over the Rs 700-crore scam related to
purchase of dal for mid-day meal scheme and supplementary nutrition
programme (SNP).
|
| |
Reference Link : http://www.indianexpress.com/news/pulses-scam-orissa-minister-steps-down/746631/ |
| |
| 11. |
Kerala investment scam |
| |
Scandal worth : 1,000 crore |
| |
Kerala Police today said they are investigating a multi-city
investment scam involving real estate developers and money-chain
fraudsters that could have left lakhs of victims in the state and abroad
poorer by upto Rs 1,000 crore.
|
| |
Reference Link : http://www.indianexpress.com/news/police-uncover-rs-1-000cr-investment-scam-in-kerala/806033/ |
| |
| 12. |
Maharashtra education scam |
| |
Scandal worth : 1,000 crore |
| |
Mumbai, Oct 9: India\'s future seems to be in danger as an education
scam, costing Rs 1,000 crore, has been unearthed in Maharshtra.
|
| |
Reference Link : http://news.oneindia.in/2011/10/09/rs-1-000-cr-education-scam-unearthed-in-maharashtra.html |
| |
| 13. |
Mumbai Sales Tax fraud |
| |
Scandal worth : 1,000 crore |
| |
In what has the potential to rock the diamond market, the state sales
tax department is probing diamond imports worth Rs 1,000 crore for tax
evasion.
|
| |
Reference Link : http://articles.timesofindia.indiatimes.com/2011-01-02/mumbai/28368477_1_diamond-firms-diamond-imports-evasion-racket |
| |
| 14. |
Uttar Pradesh TET scam |
| |
उत्तर प्रदेश माध्यमिक शिक्षा परिषद के निदेशक संजय मोहन को टीचर
एलेजिबिल्टी टेस्ट (टीईटी) परीक्षा में पैसा लेकर ऑनलाइन परिणाम बदलने के
आरोप में रमाबाईनगर (कानपुर देहात जिले) की अम्बेडकरनगर पुलिस ने गिरफ्तार
कर लिया है।
|
| |
Reference Link : http://www.amarujala.com/national/nat-Uttar-Pradesh-Board-of-Secondary-Education-Director-Sanjay-Mohan-arrested-TET-22741.html |
| |
| 15. |
Uttar Pradesh MGNREGA scam |
| |
The Allahabad High Court on Tuesday (today) ordered Central Bureau of
Investigation (CBI) to probe the Mahatma Gandhi National Rural
Employment Guarantee Act (MGNREGA) scam in Uttar Pradesh.
|
| |
Reference Link : http://news.oneindia.in/2011/11/15/trouble-to-maya-high-court-orders-cbi-probe-nrega-scam.html |
| |
| 16. |
Orissa MGNREGA scam |
| |
The Supreme Court on Monday made it clear that the Central Bureau of
Investigation (CBI) has to probe into the alleged misappropriation of
the National Rural Employment Guarantee Act (NREGA) funds in Orissa.
|
| |
Reference Link : http://www.ndtv.com/article/india/orissa-nrega-scam-supreme-court-pulls-up-centre-91560 |
| |
| 17. |
Indian Air Force land scam |
| |
The government Wednesday said it has entrusted to the Central Bureau
of Investigation (CBI) a probe into the alleged grabbing of air force
land in Jammu and Kashmir\'s Srinagar by land sharks in connivance with
defence officials.
|
| |
Reference Link : http://zeenews.india.com/news/jammu-and-kashmir/cbi-probes-srinagar-air-force-land-scam_743414.html |
| |
| 18. |
Tatra scam |
| |
Scandal worth : 750 crore |
| |
Top officials of BEML Limited, a Bangalore-based company, and the
defence ministry have siphoned off at least Rs750 crore in bribes and
commissions over the past 14 years in the purchase of components for
Tatra trucks, backbone of the army’s artillery and transportation wings.
|
| |
Reference Link : http://www.dnaindia.com/india/report_exposed-the-rs750-crore-tatra-scam_1568123 |
| |
| 19. |
Bihar Solar lamp scam |
| |
Scandal worth : 40 crore |
| |
Besides mukhiyas, more than 200 government officials, including block
development officers (BDOs), are also under the scanner in the solar
lamps scam said to be worth Rs 40 crores.
|
| |
Reference Link : http://zeenews.india.com/news/bihar/now-a-solar-lamp-scam-in-bihar_691351.html |
| |
| 20. |
BL Kashyap - EPFO scam |
| |
Scandal worth : 169 crore |
| |
The CBI has registered a case against nine senior officials of
Employees\' Provident Fund Organisation (EPFO) and others for defrauding
the exchequer of Rs 169 crore. The CBI also named four employees of a
Delhi-based private firm in the case registered on Wednesday.
|
| |
Reference Link : http://articles.timesofindia.indiatimes.com/2011-07-08/india/29751146_1_epfo-employees-provident-fund-organisation-case-names |
| |
| 21. |
Stamp Paper scam |
| |
Scandal worth : 2.34 crore |
| |
Enforcement Directorate sleuths have closed in on Ujjain district
treasury accounts clerk cum store keeper who is the alleged kingpin of
the Rs 2.34 crore stamp paper scam. In September, 2010, during a routine
check Ujjain treasury officials unearthed a major stamp paper scam and
then treasury store keeper Ashok Sharma, was suspended and an inquiry
ordered against him.
|
| |
Reference Link : http://articles.timesofindia.indiatimes.com/2011-05-24/ahmedabad/29577619_1_stamp-paper-scam-ed-official-treasury |
|
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