Recent Scams and Scandals

Submitted To: Ribha Singla Submitted By: Sachin Nalwade BBA- 2ND

. on the charges of spot-fixing. Ajit Chandila and Ankeet Chavan. Sreesanth. The three represented the Rajasthan Royals in the 2013 Indian Premier League.2013 Indian Premier League spotfixing and betting case • The 2013 Indian Premier League spot fixing and betting case arose when the Delhi Police arrested three cricketers. Mumbai Police arrested Vindu Dara Singh and Gurunath Meiyappan for alleged betting and having links with bookies. In a separate case.

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. 2014 Supreme Court of India told N. else it would pass verdict asking him to step downSupreme court said its nauseating that N.Supreme Court Observation • On March 25. Srinivasan to step down from his position on his own as BCCI president in order to ensure a fair investigation into the betting and spot-fixing charges levied against his sonin-law Gurunath Meiyappan who was Team Principal of Chennai Super Kings.Srinivasan continued as BCCI chief.

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• The essence of the CAG's argument is that the Government had the authority to allocate coal blocks by a process of competitive bidding. the opposition BJP lodged a complaint resulting in a Central Bureau of Investigation probe into whether the allocation of the coal blocks was in fact influenced by corruption. The CAG Final Report tabled in Parliament put the figure at INR185591 crore (US$31 billion)[4] On 27 August 2012 Indian prime minister Manmohan Singh read a statement in Parliament rebutting the CAG's report both in its reading of the law and the alleged cost of the government's policies .Indian coal allocation scam • Coal allocation scam or Coalgate. Over the Summer of 2012. In a draft report issued in March 2012. is a political scandal concerning the Indian government's allocation of the nation's coal deposits to public sector entities (PSEs) and private companies by Prime Minister Manmohan Singh. In its draft report in March the CAG estimated that the "windfall gain" to the allocatees was INR1067303 crore (US$180 billion). as referred by the media. the Comptroller and Auditor General of India (CAG) office accused the Government of India of allocating coal blocks in an inefficient manner during the period 2004–2009.[3] As a result both public sector enterprises (PSEs) and private firms paid less than they might have otherwise. but chose not to.

In its draft report in March the CAG estimated that the "windfall gain" to the allocatees was INR1067303 crore (US$180 billion). As a result both public sector enterprises (PSEs) and private firms paid less than they might have otherwise.The CAG Final Report tabled in Parliament put the figure at INR185591 crore (US$31 billion) On 27 August 2012 Indian prime minister Manmohan Singh read a statement in Parliament rebutting the CAG's report both in its reading of the law and the alleged cost of the government's policies . but chose not to.• The essence of the CAG's argument is that the Government had the authority to allocate coal blocks by a process of competitive bidding.

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Supreme court hearing • On April 26 the CBI director Ranjit Sinha submitted an affidavit in the Supreme Court stating that the coal scam status report prepared by the investigating agency was shared with the law minister Ashwani Kumar “as desired by him”. joint secretary-level officers from the Prime Minister’s Office (PMO) and the coal ministry before presenting it to the court on March 8 It contradicts the claim made by CBI counsel in SC that the coal scam scam report was not shared with any member of the government . Additional Solicitor-General Harin Raval resigned for having misled the Supreme Court. CBI stated to SC that 20% if its original report was changed by Government. .On April 29.