A scam is an act of taking fraudulent measures to fulfill selfish interests- be it social, political or economic. It dismantles...
A scam is an act of taking fraudulent measures to fulfill selfish interests- be it social, political or economic. It dismantles the system of the country and puts the whole nation to shame. Top gun bureaucrats, defense chiefs, and politicians have been convicted for the scams that India has ever seen in its political history.
Here are top 10 Indian political scams that not just cost India thousands and lakhs of crores, but also brought dishonor to country.
Recommended Read: 10 Of The Biggest Indian Scams In Defense System
The 2010 Commonwealth Games held in India faced flak by the Indian politicians and social activists as there was huge mismanagement of the funds. The organizing committee was accused of various allegations such as child labor, sex slavery, environmental impact, racism and huge financial costs. Also, many other issues related to this sporting event included corruption by organizing team officials, delay in construction of games’ venue, infrastructural compromise, and extremely poor sale of tickets prior to the event. As a result of this, its Chairman ‘Suresh Kalmadi’ was arrested on charges of 'criminal conspiracy and cheating.'
Name of the accused: Suresh Kalmadi (Indian politician and senior sports administrator)
Cost: Rs. 70,000 crores
Bellary Mining Scam is a scam that happened in Karnataka and resulted in the resignation of former Chief Minister BS Yeddyurappa and the Reddy brothers. It was alleged that the Reddy brothers G Karunakara Reddy and G Janardhana Reddy had paid bribery to secure contracts for their mining company, Obulapuram Mining Company in Bellary.
A former Lokayukta of Karnataka Justice Santosh Hegde published a report that mentioned about the bribes Yeddyurappa and his family members had accepted from the mining companies in the name of donations to trusts in order to issue mining leases.
The loss to the nation: Rs. 16,085 crores (Source: DNA India)
Name of the accused: Former Chief Minister BS Yeddyurappa, G Karunakara Reddy, and G Janardhana Reddy
2G scam was a major political scam that terribly shook the Indian telecom industry. TIME ranked this scam second on the "Top 10 Abuses of Power" 2011 list. The politicians and government officials undercharged mobile phone companies for frequency allocation used to create 2G spectrum mobile subscriptions. Rather than having a transparent auction system, telecom bandwidth tender was underpriced and was offered on a ‘First-Come-First-Served’ basis. The allocation of licenses to several companies incurred a huge loss to the national treasury.
Names of the accused: A. Raja (Former Communications & IT Minister) & M. K. Kanimozhi (daughter of former Tamil Nadu Chief Minister ‘M. Karunanidhi’)
Loss to the nation: Rs 176,000 crore(as estimated by CAG) Rs 30,984 crore (as estimated by CBI)
The coal allocation scam involved the distribution of 155 acres of nation’s coal mines to PSUs and private companies in an inappropriate manner. The Government of India distributed coal to many companies without any auction. The opposition party BJP filed a complaint against the government which resulted in CBI investigation. This scam surfaced in 2012 during the Manmohan Singh government.
The loss to the nation: Rs. 1,86,000 crores (as estimated by CAG)
Names of the accused: S Jagathrakshakan, Subodh Kant Sahai, Ajay Sancheti, Nitin Gadkari, Vijay Darda and Rajendra Darda, Naveen Jindal, Manmohan Singh
The Choppergate scam saw the involvement of many politicians including defense officers who were found guilty of accepting bribes from AgustaWestland for passing a contract. India had signed a contract of purchasing 12 AgustaWestland AW101 helicopters in Feb 2010.
The scam surfaced three years later in 2013 when Giuseppe Orsi, the CEO of AgustaWestland’s parent company Finmeccanica got arrested by Italian authorities. A CBI probe as ordered by the Indian Defence Minister AK Antony exposed the names of three Indian Air Force(IAF) officials including Air force chief Shashi Tyagi. On March 13, 2013, CBI registered a FIR against Tyagi and twelve other officials for alleged cheating and criminal conspiracy in this helicopter deal.
Loss to the nation: Rs 3600 crore (Source: DNA India)
Name of the accused: Former Air Force chief Shashi Tyagi
The government officials (including Ex-CM Lalu Prasad Yadav) of eastern Indian state Bihar were accused of the embezzlement of huge funds from the state government treasury. The convicted state officials fabricated the purchase of medicines, cattle fodder and animal husbandry equipment with a fictitious livestock. This scam happened in 1996 in the town of Chaisaba and the animal husbandry department discovered about the corruption. This even resulted in Lalu’s resignation from the post of Chief Minister due to the vast pressure from all the sectors.
The loss to the nation: Rs. 950 crores
Name of the accused: Former Bihar Chief Minister Lalu Prasad Yadav
The Stamp Paper scam revolved around the counterfeiter Abdul Karim Telgi who swindled the nation by printing fake stamp papers. He sold these stamp papers to banks, share broking firms and insurance companies. Telgi, a former fruits and vegetable vendor started his counterfeiting career by making fake passports. This scam cost the national treasury thousands of crores and saw the involvement of police and government officials.
Loss to the nation: Rs 20,000 crores (Source: Financial express)
Name of the accused: Abdul Karim Telgi
Also Read: 10 Biggest Lies That Exist In India
Scorpene Submarine Deal Scam was one of the biggest bribery scandal that India and its navy ever faced. An amount of 11000 crores is alleged to have been paid to the government administrators by the makers of Scorpene submarine of Thales. Also, the confidential navy documents were sold to the makers of Scorpene. The Indian government had made a deal of 19,000 crores for 6 submarines with the French company.
Cost: Rs 18,978 crores
Name of the accused: Ravi Shankaran, Abhishek Verma
Hawala scam is an Indian national scam infamous for looting the national treasure. It involved allegedly sending payments by top politicians through four hawala brokers, the Jain brothers. They funded terrorism around the world. An arrest that had a connection with militants in Kashmir resulted in a raid on the hawala brokers. The politicians were found guilty but were not penalized due to an absence of any strong evidence.
Loss to the nation: US$18 million
Name of the accused: L. K. Advani, V. C. Shukla, P. Shiv Shankar, Sharad Yadav, Balram Jakhar, Madan Lal Khurana, Arjun Singh, Yashwant Sinha, Kalpnath Roy, Madhavrao Scindia, Buta Singh, Natwar Singh
The Antrix Devas deal scam was about a controversial deal between Antrix Corporation and Devas Multimedia Private Limited signed on January 28, 2005. The former ISRO Chairman and three other scientists were accused of the scam. According to the deal, Antrix had to provide 70 MHz of S-Band wavelength to Devas for broadcasting in which ISRO would lease out S-band transponders in two satellites (GSAT 6 and GSAT 6A). A CAG report exposed the violation of rules and policies by the Department of Space (DoS) in order to approve the agreement.
Loss: Rs 200,000 crore (as estimated by CAG)
Names of the accused: ISRO Chairman G Madhavan Nair
Human body has been subject to various superstitions since centuries. The beliefs have passed down from generation to generation...
2 years ago
Pornography like any other profession has its pros and cons, so when people think about porn they mistake them for people who l...
1 year ago
The film industry is not as glamorous as it looks. Even though I can consider that entertainment can have something amazing thin...
2 years ago