Three Rajasthan Royal players, S. Sreesanth, Ajit Chandila and Ankeet Chavan, arrested for alleged spot fixing in the IPL by the Delhi Police on Saturday, May 18, 2013.
Sunday, 10 January 2016
CWG scam (2010)
Former Commonwealth Games Organising Committee chairman Suresh Kalmadi and nine others were charged for allegedly cheating, conspiring and causing a loss of over Rs 90 crore to the exchequer in CWG-related corruption case.
Commonwealth Games Scam (2010)
A huge amount of money for preparing and conducting the Commonwealth Games India was misused in the Commonwealth Games Scam. The total worth of Commonwealth Games Scam is estimated to be Rs. 70,000 crore. Again, many Indian politicians, bureaucrats and corporate bigwigs were involved in the scam. The face of the scam was Suresh Kalmadi, the Congress party representative to the 15th Lok Sabha from the Pune constituency. At that time, Kalmadi was the Chairman of the Organising Committee of the Delhi Commonwealth Games. Other big-shots involved were Sheila Dikshit, the then chief minister of Delhi and Robert Vadra. The payments were made to non-existent parties and prices were inflated while purchasing equipment, execution was delayed, and so on.
Satyam Scam (2009)
Satyam Scam (2009):
Indian investors and shareholders were badly affected by the scam involving Satyam Computer Services. The Satyam Scam involved Rs. 14,000 crore and was one of the biggest scams in the corporate world. Former Chairman Ramalinga Raju was involved in the scam, who kept everything under cover. He later confessed of falsifying the company’s accounts by US $1.47 billion. Later in the year, 46% share of Satyam was bought by Tech Mahindra, who absorbed and revived the company.
Indian investors and shareholders were badly affected by the scam involving Satyam Computer Services. The Satyam Scam involved Rs. 14,000 crore and was one of the biggest scams in the corporate world. Former Chairman Ramalinga Raju was involved in the scam, who kept everything under cover. He later confessed of falsifying the company’s accounts by US $1.47 billion. Later in the year, 46% share of Satyam was bought by Tech Mahindra, who absorbed and revived the company.
Cash-for-vote scam: (2011)
On July 22, 2008, three BJP members - Ashok Argal, Faggan Singh Kulaste and Mahavir Bhagora - had flashed Rs1 crore cash in Lok Sabha alleging that the money was given to them by floor managers of the UPA government to secure their support during the no-confidence motion after Left parties withdrew their support over the Indo-US nuclear deal.
Amar Singh, the Rajya Sabha MP was at the heart of the cash-for-votes exchange. His home was the place from where the money was allegedly disbursed to willing MPs.
Amar Singh, the Rajya Sabha MP was at the heart of the cash-for-votes exchange. His home was the place from where the money was allegedly disbursed to willing MPs.
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