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India's Top Scams

India's Top Scams

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Published by Satyabrata Sahu
Top & Controversial Scams that rocked and shocked India.
Top & Controversial Scams that rocked and shocked India.

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Categories:Types, Business/Law
Published by: Satyabrata Sahu on Sep 01, 2012
Copyright:Attribution Non-commercial

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11/12/2012

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9/1/12
India's top corruption scams andcontroversial deals
India has been rocked by a series of scams—both small and big with thelatest being the Coalgate, which hasled to furor in the Parliament. Hereis a compilation of the 15 big ones.Found@Yahoo.
 
9/1/12
Coalgate
The most recent of thescams in India 2012 is thecoal mining scam where thegovernment reported a lossof Rs 185,591 crore. TheCAG has accused the Indiangovernment of giving undue benefits to companies by distributing 155 coal acres inan arbitrary manner insteadof auctioning to the highest bidder during 2004-2009.
 
9/1/12
Tatra
Bharat Earth Movers Ltd incollaboration with Tatra VectraMotors had produced over 7000trucks to the Army. WhenGeneral VK Singh took over asthe Army Chief, he refused toauthorise the purchase of trucksafter he was offered a bribe. Thescam was estimated at Rs 750crore.

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