Archive for the Other Scandals Category
The World Cup hockey game between New Zealand and Netherlands was disrupted briefly last evening when the floodlights at the spanking new hockey stadium in India’s capital failed partially.
Even for those who are used to 10 hour power cuts at homes, this was a shock. This is the after all the World Cup and it [...]
SRINHAGAR: An Army captain and a militant were killed in an encounter between security forces and militants in Pulwama district on Thursday.
Two jawans and a policeman were also injured in the encounter that started yesterday in Mir Mohalla Dadasir, 40 kms from here.
The gunbattle broke out when militants hiding in a house fired on a [...]
NEW DELHI: At least 65 people were killed and 30 injured on Thursday in a stampede at Ram Janki temple in Pratapgarh district in Uttar Pradesh.
Sub divisional magistrate said at least 65 people have been killed in the tragedy in Mangarh area of Kunda town, about 180 km from here.
Sixty bodies had been recovered and [...]
Narendra Modi launched a jumbo campaign to woo Dalits today but to many, the gap between rhetoric and reality may have seemed wide enough for an elephant to be driven through it.On a day the Congress-led central government was wiping egg off its face over a howler in an anti-female foeticide advertisement, Modi’s political promotional [...]
He led the Communist Party of India-Marxist (CPM) and was chief minister of West Bengal state from 1977 to 2000.Jyoty Basu was credited with restoring stability to the state, and bringing in land reforms. He died in Calcutta after a long illness.
In 1996 he was offered to lead the federal government as PM in a [...]
HEGANG, China – Grieving family members demanded answers Monday from mining officials about the underground gas explosion that left at least 104 men dead in northeastern China.
The massive blast Saturday in Hegang city in frigid Heilongjiang province erupted at night when some 500 miners were working below ground. Most escaped, but 104 were confirmed dead [...]
KABUL – Four U.S. service members were killed in the past 24 hours in Afghanistan, NATO forces said Monday.
Three of the Americans died in southern Afghanistan on Sunday, the statement said. Two of them were killed by a bomb attack and the third in a separate firefight.
The military said the fourth U.S. service member died [...]
n order to fully understand the 2012 end of the world predications, then you should first understand the calendar that is at the center of this controversy. The current cycle, or baktun, of this calendar began on August 13th, 3114 B.C. This marked the end of the last period and the beginning of the current [...]
December 2012 marks the ending of the current b’ak’tun cycle of the Mesoamerican Long Count calendar, which was used in what is now Central America prior to the arrival of Europeans. Though the Long Count was most likely invented by the Olmec,it has become closely associated with the Maya civilization, whose classic period lasted from [...]
Despite urgings by animal rights activists to prevent the wanton slaughter of thousands of animals and birds at a Hindu festival in the Terai plains at the end of this month, Nepal’s government Monday said it would not ban the killings due to religious sensitivities but would hope that public consciousness would rise in future to [...]
India’s other top Accounting Scandals - 1996 - 2006
Company Involved (Year of Scam Expose’): CRB Capital Markets Limited (1996)
Amount Involved: Rs 1200 crore
Type of Fraud: Chairman Chain Roop Bhansali, was accused of siphoning off Rs 12 billion in the CRB scam. CRB was accused of using its SBI accounts to siphon off bank funds, claiming [...]
There are questions being raised on the arrest of Deepak Kumar, a financer who blew the lid off the multi-crore DDA housing scam. While the Delhi Police is firm on its belief that Deepak is the real culprit, others are sceptical and say that he is being made the scapegoat. “Deepak was involved in the [...]
New Delhi, Jan 10 (IANS) A Delhi court Saturday remanded to eight days police custody a former State Bank of India employee who was arrested in connection with the Delhi Development Authority (DDA) housing draw scam.Metropolitan Magistrate Vishal Singh granted the Economic Offences Wing (EOW) of Delhi Police custody of Laxmi Narayan Meena till Jan [...]
A former bank official was on Friday arrested for allegedly applying for DDA flats in the name of another person by using forged documents, the police said.
Laxmi Narayan Meena, a former SBI employee, was arrested by the Economic Offences Wing of Delhi Police, a senior police official said.
He was arrested after a person who was [...]
NEW DELHI: A day after TOI reported irregularities and the possibility of a scam in the allotment of 5,010 houses in the recent DDA mega-housing
scheme, the Delhi Police swung into action on Saturday, with sources claiming the role of specific property dealers had hit their radar with the investigators also looking into the possible involvement [...]
In a major breakdown , News channels revealed the Scandal in the 5000 DDA flats alloted in the month of Decemeber 2008. There were around 5 Lakh applications for these 5000 flats and when results were declared, they raised some eyebrows. Majority of the allotees were the ones who did not applied for the application [...]
Looking at its progress till now, i doubt there will be any prosecution or a judgement comes any near future.
ACROSS 72 towns and 18 States and over a period of 10 years, the counterfeit stamp paper scam has dealt the Indian economy a shattering Rs.32,000-crore blow. The figure is official. Apprehensions are that it could [...]
The Hawala scandal or hawala scam was an Indian political scandal involving payments allegedly received by politicians through hawala brokers, the Jain brothers. It was a US$18 million dollar bribery scandal that implicated some of the country’s leading politicians. There were also alleged connections with payments being channelled to Hizbul Mujahideen militants in Kashmir.
Those accused [...]
The Fodder Scam (Hindi: chārā ghotala) was a corruption scandal that involved the alleged embezzlement of about Rs. 950 crore (US$ 191.52 million) from the government treasury of the Indian state of Bihar. The alleged theft spanned many years, was engaged in by many Bihar state government administrative and elected officials across multiple administrations (run [...]
The Bofors scandal was a major corruption scandal in India in the 1980s; the then Prime Minister Rajiv Gandhi and several others were accused of receiving kickbacks from Bofors AB for winning a bid to supply India’s 155 mm field howitzer. The scale of the corruption was far worse than any that India had seen [...]
Patna: The State Vigilance Investigation Bureau today (Apr 28, 2005) set in motion the probe into the multi-crore flood relief scam allegedly involving senior officials by constituting a panel headed by an official of DIG rank.
FIRs would be filed only after receiving the preliminary report, which is expected in next two months, Director General of [...]
Harshad Mehta was an Indian stockbroker and is alleged to have engineered the rise in the BSE stock exchange in the year 1992. Exploiting several loopholes in the banking system, Harshad and his associates siphoned off funds from inter-bank transactions and bought shares heavily at a premium across many segments, triggering a rise in the [...]