According to a report, seven out of ten people pay bribes to get their work done, tagging India the ‘Most Corrupt Country in the world’, there have been several corruption scams that have caused the government some crores of loss. Here’s a list of some of the biggest scams in India.
The license was provided to ineligible people, as they had been suppressing facts, and had disclosed incomplete information, used fraudulent means to acquire the license. The 2G spectrum scam was a 2,867,800,000,000-rupee scam, In February 2012, the Supreme Court of India declared the 2G scam spectrum as “unconstitutional and arbitrary” and canceled the 122 licenses issued in 2008 under the then telecom minister A. Raja.
The main culprit of this entire operation was the then, Pune Lok Sabha MP Suresh Kalmadi. It was found that only half of the allotted money was spent on Indian athletes, and athletes were made to stay in shabby apartments, Kalmadi had offered a contract of Rs 141 crore to Swiss Timings for its timing equipment, which was unnecessarily high by at least Rs 95 Crores.
The Central Bureau of Investigation got involved in the matter to find out whether the allocation of the coal blocks was influenced by corruption. The scam was reported to cause a Rs 10.7 lakh crore loss to the government, the final report stated that the scam amounted to Rs 1.86 lakh crore. On September 24, 2014, Supreme Court canceled allocation of 214 out of 218 coal blocks which were allotted to various companies since 1993.
An Assistant Police Investigator was found to have a net worth of over ₹100 crores, despite making a salary of only ₹9,000 per month. Telgi and several other associates were sentenced to 30 years of rigorous imprisonment. He was also fined ₹10 billion The Income Tax Department requested that Telgi’s property be confiscated to pay the fine.
Nirav Modi and his family absconded in early 2018, days before the news of the scam broke in India. This made Modi join the Interpol’s wanted list for criminal conspiracy, criminal breach of trust, cheating and dishonesty including the delivery of property, corruption, money laundering since February 2018.
Nirav Modi was arrested in London and is currently seeking political asylum in Britain. The Indian government has officially asked for his extradition.
Navy War Room Leak Scandal
The scam caused a loss of an estimated Rs 18,000 crore to the exchequer. The Indian Air Force recovered a pen drive containing classified navy presentations relating to procurements from the residence of Wing Commander SL Surve. The pen drive contained information about India’s naval and maritime plans for the next 20 years.
The navy was informed, who then traced the leak to the Maritime Operations Centre of the Directorate of Naval Operations in Delhi.
Some of it was traded to Nepal and Bangladesh borders, as in 2010 security forces seized Rs 11.7 million worth of foodgrains like paddy and pulses being smuggled to Nepal, another Rs 6062,000 worth of grains were confiscated on the Indo-Bangladesh border. The scam cost to the exchequer was estimated Rs 35,000 crore.
The caskets were purchased from an American funeral services company called Buitron and Baiza. The then ruling government had purchased 500 caskets worth $2500 each, which was presumed to be thirteen times higher than the original amount. However, the ambassador from both the countries India and the United States of America had declared in writing that those caskets had a cost worth $2,768 each.
The CBI investigated the case and filed a charge sheet against three Indian Army officers in August 2009. In December 2013, a special CBI court found no evidence and hence discharged all the accused.