Top 10 Scams that Rocked the Nation

    Transparency International (TI) is a non-government organization which was founded way back in 1996 to combat corruption throughout the world. It aptly defines corruption as ‘the misuse of public power for private benefit’. The organization, along with leading the fight against corruption comes up with a Corruptions Perception Index which ranks countries by their perceived level of corruption. India has found itself in the lower 70s and upper 80s since 2010 with a score hovering between 35 and 40 out of hundred. The score and the ranking do justice to the ubiquitous corruption that we encounter almost daily while leading our mundane lives. Despite the various claims by the top guns of the Indian government, India still runs on corruption as the common man is kicked in his gut incessantly till he can no longer cough up any more money. From the police to the official clerks, bribe is what gets your work done. Obviously, in this hierarchical structure, the bureaucrats sitting at the top of the pyramid demands a lot more than just a few hundred rupees to devoid the government exchequers of a few hundred to thousand crore rupees. We would not be exaggerating if we state that an Indian in his lifetime witnesses almost double the number of scams as his age! So, we have here pulled up ten of the most notable scams from the star-studded Indian history.

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    9Bofors Scandal worth ₹64 cr

    The Bofors scandal has to be one of the most polarising scandals that India has witnessed. It culminated in the felling of the then Indian National Congress led government. It began in early 1986 when the government of India entered into a contract with Swedish arms company, Bofors to supply 410 155 mm Howitzer field guns. The deal worth was a whopping Rs. 1437 crores. It as at that time, the biggest arms deal ever in Sweden and the money earmarked for other development projects in India was diverted to fulfil this deal. Almost a year after the deal was struck, Swedish Radio alleged that Bofors had paid huge amounts of kickbacks to politicians and defence personnel from both Sweden and India to make the deal happen. The bribes paid to the Indian politicians and defence personnel were pegged at around Rs. 64 crores. Though the then Prime Minister, Rajiv Gandhi stated in the Parliament that there were no kickbacks and middlemen involved, he was not able to convince the public and his government was overthrown in the next general election in 1989.

    In response to the outcry over the scandal, a joint parliamentary commission was setup which was led by former union minister B Shankaranand in 1987. The JPC submitted its report in 1989 following which Congress lost the election and the new Prime Minister VP Singh blacklisted Bofors and they could not sign any other contract with India. The first FIR in the case was registered in 1990 by Central Bureau of Investigation when it charged Martin Adbro, the then President of Bofors along with the middlemen Win Chaddha and Hinduja brothers. Another middleman associated with the scandal was Ottavio Quattrocchi who was close to the family of Rajiv Gandhi. However, the wily businessman had never appeared before an Indian court despite being detained in Malaysia and Argentina.

    Of the main accused, Bhatnagar, Win Chaddha and Quattrochi are all dead now. India in all these years has managed to spend an astounding Rs. 250 crores just trying to extradite Quattrocchi. In 2012, it was confirmed by Swedish Police Chief, Sten Lindstrom that he was the key source of all documents that were handed over to the Hindu reporter, Chitra Subramaniam.

     

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    I'm a huge Nadal & Liverpool fan. A massive foodie who is crazy about GoT, Harry Potter, Calvin & Hobbes and Friends, I love reading non/historical fiction. Used to be a tennis player before work caught up. Tennis has now been conveniently substituted by cycling.I am an avid traveler who believes that the pleasure is in the journey!

    16 COMMENTS

    1. IN OUR BUILDING ONE, MR PARTHO SARATHI MUKHERJEE OF PRIYA VIDEO PARLOUR OF 8/4 R.B.C,ROAD PS&PO DUM DUM,EARLIER WARD NO-9,LATER ON WARD NO-19,HAVE DUPED CRORES OF RUPEES IN DIFFERENT LOOKS&ON DIFFERENT PAN CARDS/TRADE LICENCES,ALONG WITH MALAY GHOSH OF PARIMITA/SHIB DURGA TAILORS & 0UT FITTERS,OF SAME ADRESS,THEY ARE ABSCONDING PERSONAL LOAN FROM UNCOUNTED BANKS,BUT I CAN PROVIDE THERE WHERE ABOUTS,IF IT CAN HELP TO RECOVER IE:BANKS BAD DEPTH,

    2. Not PRIYA, PRITHA TO BE READ,{MY SELY ALONG WITH MY LATE FATHER,MADE AN AGREEMENT WITH MR PARTHO SARATHI MUKHERJEE,OF 8/4 R.B.C,ROAD,OF PS&PO DUM DUM,AS SHOP NO 7-5O-SFT MORE OR LESS&50-SFT MORE OR LESS ON DIFFRENT OCCASION/TIME,DURING MAKING FINAL MEASURMENT IE:DEED FOR REGESTRATION,INSPITE OF MAKING SO,HE IS ABSCONDING &CAME TO KNOW THAT HE HAS GIVEN THE SHOP TO SOME STRANGER,BREAKING THE WALL OF TWO SHOPS IE:SHOP NO 7&7B,

    3. TILL NOW THE BANKS HAVE NO CLUE,ABOUT THE CHEATER IE:MR PARTHO SARATHI MUKHERJEE HAVE DUPED CRORES OF RUPEES/AMOUNT,WHICH CAN SERVE POOR PEOPLES NEED/REQUIREMENT,TO RUN THEIR LIVELEHOOD,STILL BANK IS DEFF&DUMP,WHAT WILL HAPPEN TO REALY NEEDYTL POOR PEOPLE {(BHAGWAN HEE MALIK HAI AISAY BANKOH KAA)

    4. Rahul has proved self at many times. Not just 10. He is the one who opposed the bill to prevent criminals getting into politics. Who else could have fine it?

      Union finance minister of today may say we hate very but get trapped in his own words by talking of nexus broken by him between corrupt bank babus and borrowers http://www.vov.media also indicated like this recently. So he spoke but never bothered what. If there was nexus etc and he broke who were the culprits? Where was the chargesheet and where is prosecution?

      Now we know everything but we know nothing. People still sometime believe fake news which they may get as breaking news, mostly sponsored perhaps.

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