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Dirty scams, still Manmohan an intellectual

The Prime Minister of India is the head of party of the parliament which is singularly or collectively has majority, through whom collective responsibility of governance is being enforced.

Mr. Manmohan Singh is the 13th and the current Prime Minister of Republic of India. Mr. Singh has an immense academic qualification and experience from the leading economic college of the world. Apart from this, he has worked as an intellectual advisor at Ministry of Foreign Trade. In 1982 he was appointed as Governor of Reserve Bank of India and served as Deputy Chairman of Planning Commission of India from 1985 to1987. In 1991 he was the Finance Minister of India and was one of the key people

To implement economic policy which shifted India's image from socialist to emerging capitalist economy.

If we look through whole of his career we would find that Mr. Manmohan Singh is intellectually impeccable but on the political front he has proven himself a failure. Mr. Singh never won any Lok Sabha election which is supposed to be the Representative's of People. His second UPA term is full of cases of corruption episodes and inability in handling his ministers. Three union ministers of UPA are locked up in Tihar Jail and this is also a dark blot on party's reputation. His government is facing corruption charges in 2G Scam, CWG Scam, Oil Scam, MNREGA Scam, Adarsh Scam and in Cash For Vote Scam.

Undoubtedly there was no one in the opposition who can match the reputation of his integrity and efficiency in the opposition party after his UPA's first term. But his work in UPA's second term has left whole nation in incredulous state. During his term many corruption cases arise involving the top leaders of coalition government. 2G spectrum scam is India's biggest scam. The process of allocation of unified access service license involved Rs. 1.76 lakhs crores worth of scam. Former Union Telecom Minister from DMK party is the main culprit behind this activity. Besides, A. Raja's argument that all his actions with regard to spectrum allocation was taken in knowledge of Manmohan Singh also hampers his clean image.

What was predicted as nations pride became most corrupt sport event organised ever in Indian history. Commonwealth Games too raised questions against his governance. Comptroller and Auditor General of India pointed out financial irregularities in the purchase of low-floor bus, construction of dwelling for athletes, bus shelter, street light and many more have accounted for great loss to nation's wealth.

Inability of his Government to track down the flow of black money in India and release the names of those who are involved in this malpractice and illegal account holder in Swiss banks, portrays an image that Government has not stood entrenched in his policies and is influenced by powerful and corrupt people.

Cash-for-vote scam was the most shameful moment of the parliament. Mr. Singh is one of the direct accused in Cash-for-Vote Scam, where to save their majority in parliament his party offered money to opposition party MP's.

Mr. Singh has little control over his party as his authority has been weakend by the fact that UPA is actually not headed by him. Appointment of P.J. Thomas as head of Chief Vigilance Commission was made by the panel which was led by Mr. Manmohan Singh, although P.J. Thomas already had charge sheet against him in Palmolein import case in Kerala. When questioned Mr. Singh regarding this issue he stated that "I was unaware of this fact", which is highly unacceptable from the head of country, who hides behind curtain of oblivion.

Manmohan Singh's procrastination in monitoring the working of his governance has proliferated corruption in many ways. Many political experts have pointed his works as mere negligences. It would not be wrong if one quote that Mr. Manmohan Singh has invented a new type of corruption, i.e. "negligence".

Also it is very disheartening to see that investigating team like CBI has only worked when it has being sermon by the Supreme Court for e.g. in black money case. Government has shown its least interest in directing the investigation on various cases.

Prime Minister shouldn't work under the pressure of his allies' party. When an individual holds the most prestigious position of his nation he should be more responsible and firm in his working. Investigation team under him like CBI should be given more power to work properly and be made free from any political pressure. Strict actions should be taken by him only in favour of nation's welfare.

Mr. Singh's party and political image will hamper if he keeps on with his monk-like silence and show lack of interest in political affairs. One may be academically excellent but on political battle-ground he has to think politically.

Mr. Singh cannot force other less-honest and policy-oriented minister though there are sign that government is planning to curb the minister who are engaged in corrupt politics. So we will have to wait and see how Mr. Manmohan Singh's government and legal system deals with the corruption in future.

- Saurabh Makta

The post below talks about some of the biggest and most talked about Corruption scams in India. While there are corruption scams being unearthed very regularly, we have selectively come up with list that have been most damaging. Unfortunately in most of the cases, the perpetrator of scams are still at large because cases are pending in Indian Courts.

An average Indian citizen is hard working and diligent, but it is the people in charge of the system (The Babu’s) or with whom the power lays, that act as a cancer spreading the venom, slowing down progress and what not. But, somewhere down the line, we ourselves are responsible for allowing and being taken for a ride by these people, aren’t we? However, it is during a multi-thousand crore scam, that a tax-payer actually realizes the heartburn of being cheated from his valued contribution of funds towards the development and well-being of the nation. But, that’s what a scam, be it big or small, means – the act of swindling by some fraudulent scheme or action.

Some of the below listed scams you would already know about, but some may really surprise you with their size. Please note that the amount mentioned in the scams in appropriation. No one knows exact figures. We have collected the numbers from various sources.

Contents

  • 1 The Top Corruption Scams in India
  • 2 1. Indian Coal Allocation Scam – 2012 – 1,86,000 Crore
  • 3 2. 2G Spectrum Scam – 2008 – 1,76,000 Crore
  • 4 3. Wakf Board Land Scam – 2012 – 1.50,000 Crore
  • 5 4. Commonwealth Games Scam – 2010 – 70,000 Crore
  • 6 5. Telgi Scam – 2002 – 20,000 Crore
  • 7 6. Satyam Scam – 2009 – 14,000 Crore
  • 8 7. Bofors Scam – 1980s & 90s – 100 to 200 Crore
  • 9 8. The Fodder Scam – 1990s – 1,000 Crore
  • 10 9. The Hawala Scandal – 1990-91 – 100 Crore
  • 11 10. Harshad Mehta & Ketan Parekh Stock Market Scam – 1992 – 5000 Crore Combined

The Top Corruption Scams in India

1. Indian Coal Allocation Scam – 2012 – 1,86,000 Crore

While many think that 2G scam remains the biggest one in size in India. But this coal allocation scam dwarfs it by the amount involved. This scam is in regards to Indian Government’s allocation of nation’s coal deposit to PSU’s and private companies. The scam happened under Manmohan Singh government and came out in 2012.

The basic premise of this scam was that wrongful allocation of Coal deposits by Government without resorting to competitive bidding, which would have made huge amounts to the Government (to tune of 1.86 Lakh crore). However, the coal deposits were allocated arbitrarily.

2. 2G Spectrum Scam – 2008 – 1,76,000 Crore

We have had a number of scams in India; but none bigger than the scam involving the process of allocating unified access service licenses. At the heart of this Rs.1.76-lakh crore worth of scam is the former Telecom minister A Raja – who according to the CAG, has evaded norms at every level as he carried out the dubious 2G license awards in 2008 at a throw-away price which were pegged at 2001 prices.

In some respects, this remains the biggest scam in India if you consider the inflation. The 2G spectrum allocation happened 5 years earlier than Coal Scam which came out in 2012.

The cases are still going on against many people including A. Raja, M. K. Kanimozhi and many telecommunication companies as well.

3. Wakf Board Land Scam – 2012 – 1.50,000 Crore

In March of 2012, Anwar Maniapddy, the chairman of Karnataka State Minorities Commission submitted a sensational report which alleged 27,000 acres of land, which was controlled by Karnataka Wakf Board had been allocated illegally or misappropriated. The value of land which was misappropriated was in tune of 1.5 to 2 lakh crore rupees.

The land managed by Wakf board, a Muslim charitable trust, is typically donated to under-privileged and poor people of Muslim community. However, the report alleged that nearly 50 percent of the land owned by Wakf board was misappropriated by Politicians and Board members in conjunction with real estate mafia at fraction of actual land cost.

The investigations for this are currently ongoing.

4. Commonwealth Games Scam – 2010 – 70,000 Crore

Another feather in the cap of Indian scandal list is Commonwealth Games loot. Yes, literally a loot! Even before the long awaited sporting bonanza could see the day of light, the grand event was soaked in the allegations of corruption.

It is estimated that out of Rs. 70000 crore spent on the Games, only half the said amount was spent on Indian sportspersons. The Central Vigilance Commission, involved in probing the alleged corruption in various Commonwealth Games-related projects, has found discrepancies in tenders – like payment to non-existent parties, will-ful delays in execution of contracts, over-inflated price and bungling in purchase of equipment through tendering – and misappropriation of funds.

5. Telgi Scam – 2002 – 20,000 Crore

As they say, every scam must have something unique in it to make money out of it in an unscrupulous manner- and Telgi scam had all the suspense and drama that the scandal needed to thrive and be busted. Abdul Karim Telgi had mastered the art of forgery in printing duplicate stamp papers and sold them to banks and other institutions. The tentacles of the fake stamp and stamp paper case had penetrated 12 states and was estimated at a whooping Rs. 20000 crore plus. The Telgi clearly had a lot of support from government departments that were responsible for the production and sale of high security stamps.

6. Satyam Scam – 2009 – 14,000 Crore

The scam at Satyam Computer Services is something that will shatter the peace and tranquility of Indian investors and shareholder community beyond repair. Satyam is the biggest fraud in the corporate history to the tune of Rs. 14000 crore.

The company’s disgraced former chairman Ramalinga Raju kept everyone in the dark for a decade by fudging the books of accounts for several years and inflating revenues and profit figures of Satyam. Finally, the company was taken over by the Tech Mahindra which has done wonderfully well to revive the brand Satyam.

7. Bofors Scam – 1980s & 90s – 100 to 200 Crore

The Bofors scandal is known as the hallmark of Indian corruption. The Bofors scam was a major corruption scandal in India in the 1980s; when the then PM Rajiv Gandhi and several others including a powerful NRI family named the Hindujas, were accused of receiving kickbacks from Bofors AB for winning a bid to supply India’s 155 mm field howitzer.

The Swedish State Radio had broadcast a startling report about an undercover operation carried out by Bofors, Sweden’s biggest arms manufacturer, whereby $16 million were allegedly paid to members of PM Rajiv Gandhi’s Congress.

Most of all, the Bofors scam had a strong emotional appeal because it was a scam related to the defense services and India’s security interests.

8. The Fodder Scam – 1990s – 1,000 Crore

If you haven’t heard of Bihar’s fodder scam of 1996, you might still be able to recognize it by the name of “Chara Ghotala,” as it is popularly known in the vernacular language. In this corruption scandal worth Rs.900 crore, an unholy nexus was traced involved in fabrication of “vast herds of fictitious livestock” for which fodder, medicine and animal husbandry equipment was supposedly procured.

9. The Hawala Scandal – 1990-91 – 100 Crore

The Hawala case to the tune of $18 million bribery scandal, which came in the open in 1996, involved payments allegedly received by country’s leading politicians through hawala brokers. From the list of those accused also included Lal Krishna Advani who was then the Leader of Opposition.

Thus, for the first time in Indian politics, it gave a feeling of open loot all around the public, involving all the major political players being accused of having accepted bribes and also alleged connections about payments being channeled to Hizbul Mujahedeen militants in Kashmir.

10. Harshad Mehta & Ketan Parekh Stock Market Scam – 1992 – 5000 Crore Combined

Although not corruption scams, these have affected many people. There is no way that the investor community could forget the unfortunate Rs. 4000 crore Harshad Mehta scam and over Rs. 1000 crore Ketan Parekh scam which eroded the shareholders wealth in form of big market jolt.

So, can we live a scam-free life in India for a while now?

"Top 10 Corruption Scams in India", 3 out of 5 based on 20 ratings.

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