Thursday, August 11, 2011

Go ahead Anna, we are with you!

As per November 2010 Report from Global Financial Integrity "From 1948 through 2008 the present value of India's total illicit financial flows (IFFs) is at least $462 billion. These illicit financial flows were generally the product of: corruption, bribery and kickbacks, criminal activities, and efforts to shelter wealth from a country's tax authorities."

As of 2010 the total public debt of India is $758 billion.

In my previous post I have mentioned about my concerns about my children as "I often ask myself "will our children too have to go through same what we are going through"? Are we bringing them up as chicken for the system so that their blood can be sucked or they can be butchered by the system? One day they will have voting rights to choose a corrupt government, they will live in awful law and order condition and pay income taxes on time when they start earning which will be looted."

My frustrated soul demands justice for those involved in IFFs. Since childhood i heard a saying quite often "पीछे से बांस डालेंगे आगे से निकालेंगे". Those who are involved should be treated similarly symbolically through strong Lokpal bill. A Jokepal bill is not enough for that and is unacceptable by all means.



Go ahead Anna, we are with you!

Again I would like to repeat my thoughts from my previous post "I believe now it is the time that a new national party should be launched by them and honest and educated candidates who have proven themselves in their fields should be given ticket. They should take the message in every corner of India. India will definitely vote for change! Once in power they can reciprocate upon the trust by voters."

We are fed up with the existence of Corruption at every level, from a peon till prime minister, from getting a birth certificate till death certificate. Now it's time to show the anger and frustration together by following the activists like Anna and Kejriwal.

Advance wishes on Independence day to all of you!

I can't make a list of the smallest scams happening at evry corner, every stage and almost everyday however here is a compiled partial list of scams since 1948.

1948 – Jeep Scandal

1949 - diamond mining lease scam

1958 – LIC scam or scandal.

1959 – Bharat Insurance Company, scam - Rs 2.2 crore

1960, shipping company loan scam - Rs 22 crore

1965, Kalinga Tubes, scam

1970 – Nagarwala Scandal – Rs 60 lakh.

1974 –Maruti Scandal

1976 – Oil Scam – Rs13 crore.

1980 – THAL Vaishet project scam

1981 – Maharashtra Cement Scam Scandal

1986 – German Submarine Scam

1987 – Bofors Scam – Rs 64 crore

1987 – HDW Commissions Scam – Rs 20 Crore

1991 – Jain hawala case – Rs 64-crore

1991 – Harshad Mehta Scam – Rs 10,000 crore securities scandal.

1991 – 1997 Fodder Scam – Rs 950 crore

1996 – M Gopalakrishnan, loans scam – Rs 1,500 crore

1996 – Telecom Scandal - $1 million in small-denomination rupee notes was found in the homes of Sukh Ram. Runu Ghosh

1996 – Cobbler co-operatives Scam – ? crore

1996 – Tree Plantation Scam – ? crore

1996 – Urea Deal Scam – 133 Crore

1997 – Chain Roop Bhansali’s CRB – 1000 crore .

2000 – Mutual Fund Scam or Scandal – Rs 4,800 crore

2000 – Match Fixing Scam – Rs. ?

2002 – Ketan Parekh Share UTI scam – 32 crore

January 2005
Telgi Scam – 171 crores -
Mayawati’s Taj Corridor- 175 crores
Motilal Goel Scam – 1000 crore

February 2005
West Bengal Telecom Scam – 400 crores
India’s unchecked textbooks racket – estimated 225 crores
Urea Scam – 133 crores

March 2005
Meghalaya lottery scam - 25000 crore

April 2005
Ration Card Scam – 3 crore
Car Financing Scam – ? crore
Junior Basic Trained teachers’ recruitment scam- ? crore

2005
Flood Relief Scam – 13 crores
Temple Lands Scam – 30 crores
Franking Scam – 30 crores
Volkswagon Equity Scam – 11 crores
National Slum Development Programme – 1.52 crores
Kerala State Electricity Board – 89.32 crores
Indian Oil Corporation Scam – ? crores
Scam investigation of scam Rs.89000 crores
Nagmani Scam – 1.5crore
Stamp Scam (Goa) - 30.19 crore
Evasion of duty on High End Car’s – ? crore
Okhla Industrial Development Authority (Noida) land scam – ? crore
Employment Guarantee Scheme (EGS) Scam- 9.1 crore
Local Area Development Scheme (MPLADS) Scam – ? crores
National Agricultural Cooperative Marketing Federation of India (NAFED) Scam – 250 crores –
Election Fund Scam – ? Crores
Operation Blackboard scam – 1000 crores
Oil for Food Scam – ?

2006
Rice Scam – 320 crores
Benami Demat Scam – 30 crores
Benami IPO Scam – 32 crores
Liquor Scam – 3600 crores
The controversial Scorpene Deal – ? crores
MTNL GSM Scam – 450 crore
Chautala Scam – 1400 crores
BPL Red Cards Scam – 1400 crores
The Great Wheat Scam – ?
UTI Franchisee forgery – ? crores
Punjab State Council of Education Research and Training (SCERT) Scam – more than 3 crores
BPO Scam – more than 3 crore
Bellary bribe – 150 crore
Duty Exemption Pass Book (DEPB) scheme Scam – 10 crore
Unaccounted money on sale of petrol pumps – 18 crores
Punjab Chief Minister Captain Amarinder Singh goes on a multi-crore holiday extravaganza – 2.5 crores
Tata Finance scandal – ? crores
Top Punjab cops booked for wireless sets scam – 5 crores
Koda Scandal – 2500 crores
Punjab Chief Minister Captain Amarinder Singh in real estate fraud – more than 2100 crores
SEZ Controversies – RBI fears of a revenue loss — some Rs. 170,000 crore
Barak Missile Deal – 400 crore
Blood Test Kit Scam – ??
Bangalore Development Authority and Bangalore Mahanagara Palike on illegal constructions – 180 crore
NSDL and CDSL bags illegitimate profits in an IPO manipulation scam– 116 crore
SMS Con – 40-100 crore (Read more 1)
Agrofed job scam – ? crore
Haj Quota scam- bribes taken to illegally procure seats from the Government’s subsidised Haj quota for 1 lakh muslims.

2007
Illegal Telephone Exchanges Scam – 1000 crores
Non-Banking Financial Companies (NBFC) Scam – swindled 12,000 crores
Uranium Corporation of India Limited Scam – 20 crores
Oriental Bank Scam – 596.44 crores
Mandankumar Scam – 3.5 crores March 2007
Pune Hassan Ali Khan Scam – 50 crores
Congress MP Moni Kumar Subba from Tezpur, lied about his Indian nationality for 16 years manages to scam the country off by 25000 crores
Air Ticket Booking Scam – 13 crores
The Royapettah Benefit Fund (RBF) in Chennai went bust drowning Rs 450 crore
Fertilizers Subsidies Scam – ? crores
Arunachal Pradesh’s corrupt governance: 1000 crores
Sampoorn Gramin Rojgar Yogana Scam – 457 crores
Warehouse Receipts Scandal – 500 crores
Stock Holding Corporation of India Limited (SHCIL) Scam – ?
Hyderabad Metropolitan Water Supply and Sewerage Board (HMWS&SB)Scam – ?
Punjab Public Service Commission (PPSC) recruitment scam – 8 crores
Delhi Development Authority canteen owner Ashok Malhotra Scam – Rs. ? crores
Former Supreme Court Chief Justice YK Sabharwal was involved in dubious judicial deal-making that earned his sons huge profits. – ? croreSeptember 2007
Kerala State Cooperative Bank Scam – 2000 crores
Aircraft Import Scam – 1059 crores
Leave Travel Concession (LTC) Scam – loss of Rs 200 crore to Government and PSUs.
Indian Space Research Organisation (ISRO) Land Scam – ? crores
Das filed the petition challenging the actions of the banks in waiving of around Rs 2,300 crore
Fake housing projects in north India – 500 crores -
Kidney Transplant Racket – ? crores
National Relief Fund (PMNRF). Scam Coal India Ltd illegally diverted at least Rs10 crore
Lucknow Development Authority (LDA) Land Scam – 6 crores

2008
Punjab VB arrests whistle-blower
Kolkotta Museum Scam – 18 crores
BCCI Dalmiya Scam – ? crores
Illegal export of sandalwood – 5 crores
Madhya Pradesh Health Minister Ajay Vishnoi quits after Income Tax raid on brother’s premises – 500 crore
Hotel Le Meridien Credit card skimming – 1 crore
Parliamentary horse trading – ? crores
Ghaziabad Provident Fund scam – 23 crores
Fake Currency Scam in Uttar Pradesh Bank – 1.5 crores
Fake RBI Cheques Scam – 14 crores
Shirdi Ghat Repair – ? crores
Mid Day Meal Scam – 15.37 crores
2G Spectrum Scam – 1,76,000 crores
Satyam Computer’s Emergency Management Research Institute (EMRI) Ambulance Services Scam – 5600 crores
E-ticketing fraud – 5 crores

2009
11 Directors of National Agricultural Marketing Federation of India(Nafed) face criminal action in a Rs3,700 crore fraud.
Satyam Fraud – 7 to 14000 crores
Computer Purchasing Fraud – 1.53 crores
Bihar illegal withdrawal scam - Rs 11,413 crores
Divine Homeopath Investment Manager – 1600 crore
Ordnance Factory Board (OFB) arms deal scam – 5 crores -
Ashok Jadeja Divine Ayurved and Money Multiplier – 100 to 1600 crores (Read more 1)
MCD 45000 Fake Employees Scam – 500-1000 crores annually
Bitumen Scam – more than 100 crores
Chhattisgarh Paddy Scam – 4000 crores
All India Council of Technical Education bribery scam – ? crores –
Metal Scrap Scam – ? crores
SBI Kanpur – 52 crores -
Austra Coke – 1000 crores
Bollywood star Nasir Khan figures in multi crore rupee chit fund scam – 191 crore
Gold Quest Scam – 1100 crore
Dr Suresh Dhotre medicine fraud – 47 crores

2010
IAS officer Pradeep Sharma Bheed Bazaar Land allotment scam – 70 crores
Railways and LIC Scam – 400 crores
Bhopal Home Loan Scam – 2 crores
Wipro Embezzlement Fraud – 180 crores
Chak De India Scam – ?
PAN Card Scam – 3 crores
Kandla Port Trust (KPT) Scam – ? crores
Fake Income Tax Returns Scam – 6 crores
President of the Medical Council of India (MCI), Dr Ketan Desai in college scam – 500 crores
Financial Fraud hits 87% of Indian companies
Canara Bank defrauded – 9.14 crore
Railway Recruitment Board Paper Leak – 15.5 crore (Read more 1 2)
Lalit Modi Indian Premier League (IPL) Scam – 1200 crores (Read more 1)
Commonwealth Games Scam - 8000 crores (Read more 1 2)
Senior citizen savings scheme (SCSS) Post Office Scam - 2 crores (Read more 1)
International Film Festival of India (IFFI) Infrastructure creation Scam in Goa - ? crores
Adarsh Society Scam – ? crores
State-owned Mineral Scrap Trading Corporation (MSTC) was defraudedby jewelery traders – 1400 crores
Citibank swindle – 300 crores
Karnataka Assembly scam

2011
UP govt Health Ambulance scandal - ?
Hasan Ali Khan scandal - ?
Devas-Antrix deal scandal - ?
Indian Black Money in Swiss Banks - 72,80,000 Crores
Bihar land scam - ?
Karnataka Illegal mining scam - 60000 Crores
Karnataka land scam - ?
Delhi CWG Lighting scam - 130 crores