Updates of Scam

• Ashok Chavan had to quit as chief minister last year.

• Jan 2, 2011: CBI found evidence of forgery by Army
men, bureaucrats in Adarsh scam
• January 31, 2011: Defense Minister A K Antony
statement “appropriate action will be taken against all
those held guilty as per the findings of the CBI in the
Adarsh Housing Society Scam”
 Timeline
• February 1, 2011: CBI informs the Bombay High
Court that it has registered case against 13 accused in
the Adarsh Housing Society Scam.
• February 3, 2011: CBI grills three main accused in
the Adarsh scam.
• February 15, 2011: Society members challenge
MOEF demolition order at the Bombay High Court.
What is Ethics?
What is Corporate Governance?
 Why Adarsh Scam is Unethical?
• Effective governance fails

• Unethical Conduct By Public Officials

• Fraud

• Bribery & Influence Peddling

• Self-dealing