On 19 March 1987, a group posing as CBI officers executed the fake income tax raid on the Opera House branch of Tribhovandas Bhimji Zaveri (TBZ) in Mumbai. This case remained unsolved.BackgroundThe person posing himself as Mon Singh or Mohan Singh had placed a classified advertisement in the 17 March issue of The Times of […]
Uttar Pradesh food grain scam took place between years 2002 and 2010, in Uttar Pradesh state in India, wherein food grain worth Rs 350 billion (US$5.6 billion), meant to be distributed amongst the poor, through Public Distribution System (PDS) and other welfare schemes like Antyodaya Anna Yojana (AAY), Jawahar Rozgar Yojana and Midday Meal Scheme
The 1971 Nagarwala scandal was a fraudulent act in which Rustom Sohrab Nagarwala convinced Ved Prakash Malhotra to withdraw 6 million rupees from the branch of the State Bank of India where he was the head cashier.CrimeOn 21 May 1971, Nagarwala called Malhotra at the State Bank of India, and imitated then Prime Minister Indira
Palm Olein Import Scam (Palm Olein Case, Palm Olein Corruption Case, 1991-92) are the alleged irregularities in the import of palm olein by K. Karunakaran lead United Democratic Front Government of the state of Kerala, India through the Power and Energy Limited Company. The Kerala State Government selected Power and Energy Limited arbitrarily without inviting
The jeep scandal in 1948 was first major corruption case in independent India. V.K. Krishna Menon, the then Indian high commissioner to Britain, ignored protocols and signed a Rs 80 lakh contract for the purchase of army jeeps with a foreign firm.Corruption allegationsV. K. Krishna Menon, then the Indian high commissioner to Britain, bypassed protocol
In early 2013, an Indian parliamentary investigation began into allegations of bribery and corruption involving several senior officials and helicopter manufacturer AgustaWestland surrounding the purchase of a new fleet of helicopters. The scandal has been referred to as the Chopper scam, or Choppergate by elements of the media and popular press.Several Indian politicians and military
Indian Railway Minister Pawan Kumar Bansal’s nephew, Vijay Singla, was arrested in Chandigarh on 3 May 2013 by sleuths of India’s Central Bureau of Investigation for allegedly accepting a bribe of 9 million (9,000,000) rupees from Narayana Rao Manjunath and Sandeep Goyal on behalf of Mahesh Kumar, a member of the Indian Railway Board, in
The crucial mechanism through which the scam was effected was the ready forward (RF) deal. The RF is in essence a secured short-term (typically 15-day) loan from one bank to another. Crudely put, the bank lends against government securities just as a pawnbroker lends against jewellery. The borrowing bank actually sells the securities to the
The Adarsh Housing Society is a posh, 31 storey building constructed on prime real estate in Colaba, Mumbai, for the welfare of war widows and personnel of India’s Ministry of Defence. Over a period of several years, politicians, bureaucrats and military officers allegedly conspired to bend several rules concerning land ownership, zoning, floor space index
The cash-for-votes scandal was a political scandal allegedly masterminded by then Opposition Party Bharatiya Janata Party politician Sudheendra Kulkarni in which the United Progressive Alliance, the majority-holding parliamentary-party alliance of India led by Sonia Gandhi, allegedly bribed Bhartiya Janta Party MPs in order to survive a confidence vote on 22 July 2008. The vote in
The Taj Heritage Corridor case is an alleged scam wherein 2002-2003, the then Chief Minister of Uttar Pradesh Mayawati and a minister in her government, Nasimuddin Siddiqui, were charged with corruption. The Taj Corridor project was intended to upgrade tourist facilities near the Taj Mahal and was to be implemented during her tenure as Chief
Uttar Pradesh NRHM Scam is an alleged corruption scandal in the Indian state of Uttar Pradesh, in which top politicians and bureaucrats are alleged to have siphoned off a massive sum estimated at Rs 100 billion (US$1.6 billion) from the National Rural Health Mission, a central government program meant to improve health care delivery in
The Hawala scandal or hawala scam was an Indian political scandal involving payments allegedly received by politicians through four hawala brokers, the Jain brothers. It was a US$18 million bribery scandal that implicated some of the country’s leading politicians.In 1991, an arrest linked to militants in Kashmir led to a raid on hawala brokers, revealing
Abdul Karim Telgi (born 1961) is a convicted Indian counterfeiter. He earned money by printing counterfeit stamp paper in India. He cited Sharad Pawar, then the chief of NCP party, name in relation to a Rs 600 billion (US$9.5 billion) stamp-paper scam, during a narcoanalysis filmed by various Indian news channels, wherein he also mentioned
The Satyam Computer Services scandal was a corporate scandal that occurred in India in 2009 where chairman Ramalinga Raju confessed that the company’s accounts had been falsified. The Global corporate community was shocked and scandalised when the chairman of Satyam, Ramalinga Raju resigned on 7 January 2009 and confessed that he had manipulated the accounts