Thursday, February 24, 2011

India now is witnessing not mere corruption, but national plunder.




India’s standing per Transparency International
India’s Corruption Perception Index: 3.3
Scale of 0 to10 10 (highly clean), 0 (highly corrupt)



2G Spectrum Allocation Fraud, 1.76 lakh crores(40 billion dollars)

Classic example of collusion between politicians, industrialists and media with high powered brokers.
Indian Government refuses to constitute a joint parliamentary committee of all parties to investigate the scam (that resulted in total deadlock in entire last parliamentary session).
No tolerance for corruption or deception? Govtrefused Joint Parliamentary committee because based on proportion of MPs there will be majority representatives from other parties who will be able expose those who actually received money and deposited in swissand other safe havens? Who are they protecting?


Commonwealth games (CWG) fraud 60,000 crores, 13 billion dollars (2010)


CWG cost comparisons


2002 (UK): Rs 2,100 crores
2006 (Australia): Rs 5,000 crores
2010 (India): Rs 60,000 crores!!!
2014(UK,estimated): Rs 2,200 crores!!!

Original estimate of India’s CWG is 617.5 crores.90% of infrastructure development costs were looted. 900+ crores billed for about 85 crores stadium.


Hassan Ali Khan Hawalascam (evading taxes up to 100,000 crores)


Hassan Ali Khan a stud farmer from Pune who started as small time conman,bank fraud to Hawala transactions. He has known Swiss account of $8billion dollars and more. Most of the money believed to belong to politicians and industrialists and Khan was conduit.That is not all. There is enormous amount of money ploughed back into India stock market as participatory notes.Even though Swiss was willing to give more information if requested, Govt submitted forged documents as request. Hassan Ali Khan is richer than Azim Premji!!
Finance minister Pranab Mukherjee is even changing tax laws to evade sharing information about the assets. CID Investigations confirmed a meeting between Hassan Ali, Vilasrao Deshmukh(exCM of Maharashtra) and Ahmed Patel (trusted secretary of Sonia Gandhi).

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