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Category Archives: Corruption

SIT on Black Money will meet on 2 June

31 Saturday May 2014

Posted by VAN NAMBOODIRI in Corruption

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black money, SIT

It is reported that the first meeting of the Special Investigation Team (SIT) on black money will meet on 2nd June 2014. The high profile SIT was formed with Justice M.B.Shah as the Chairman
and comprising top bosses of the country’s premier investigation, enforcement and intelligence agencies.
The meeting,it is reported, is expected to discuss the policy matters on combating the menace of black money and the status of ongoing probes and available inputs with all the departments in this regard.

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Govt. submits partial list of black money account holders in German bank.

29 Tuesday Apr 2014

Posted by VAN NAMBOODIRI in Corruption, General

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black money, foreign banks

After much criticism by the Supreme Court for not submitting the list of black money holders in foreign banks, the UPA government furnished to the court the names of 18 people, who are all businessmen in Delhi, Mumbai, Chennai, Gujarat etc.and who have accounts in LGT Bank, Germany.

What is more important is that the Government did not release the names of other 8 persons, which are in the list given to the Government by the German Government.

The doubt is only natural. Are these 8 names include top political leaders of the ruling party?

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Swiss Bank Accounts of Black Money

26 Saturday Apr 2014

Posted by VAN NAMBOODIRI in Corruption

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Finance Minister P.Chidmabaram has stated that some reports are received from Switzerland on the black money stashed, but more information is required and the Swiss government has been again addressed.
This is only to confuse the people. It is well known that much earlier a list was received by the government with accounts,name etc. of those who have stashed black money in Switzerland. But why the government did not publish it? The plea was that as per the agreement with Swiss government, the list can not be published, but the government will take action against the culprits. No action seems to have been taken so far. If people feel that the names are not published along with the amount, because account holders are ruling politicians or corporates whom the government want to save, they can not be criticised.

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Rocketing assets of UPA Ministers

09 Wednesday Apr 2014

Posted by VAN NAMBOODIRI in Corruption

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corruption, Increase of assets, UPA Ministers

It is no surprise or wonder. The report in the Economic Times dated 09-04-2014 has given a graphic account of the shooting up assets of the UPA Ministers at the Centre during the period from 2009 to 2014. At the top stands Kamal Nath with 1471% in increase in his assets and next is Praful Patel with 156%. Communications Minister Kapil Sibal is third with 358%. Shashi Taroor, Jyotiraditya Scindia etc. are next.
Fully tainted by large scale corruption, most of the Ministers in the UPA government have been exposed. It is a shame that the corrupt ministers are still roaming around seeking vote from the public. They should be taken to task for cheating the government and the Nation.

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SC pulls up Central Govt. for not bringing black money to India

26 Wednesday Mar 2014

Posted by VAN NAMBOODIRI in Corruption

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black money, Centre'sinaction, corruption

The Supreme Court has pulled up the Centre for failure to take steps during last six decades to bring back black money deposited in foreign banks.

Economy, per capita income, would have gone up and the income-tax rate would have reduced if money in foreign banks had been brought to India, the apex court said.

The Supreme Court rejected the Centre’s plea against setting up a SIT to monitor and probe the issue of black money inside and outside the country.(PTI)

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‘Corruption wide-spread in India’ – US Report

28 Friday Feb 2014

Posted by VAN NAMBOODIRI in Corruption

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Corruption in India, US Report

According to the Annual Country Reports on Human Rights Practices for 2013 released yesterday by US Secretary of State, John Kerry, there is widespread corruption in India.

According to the report, ‘though the law provides criminal penalties for official corruption, the Indian Government did not implement the law effectively, and officials frequently engaged in corrupt practices with impunity.’

The report in detail mentioned about the various forms of corruptive practices and the agitations and protests by voluntary organisations.

There is nothing new in this report for the people of India. They have experienced the corruption in their day to day life. They have also seen the ‘high level corruption’ of lakhs of crores of rupees like 2G Scam, Coalgate Scam also.
However, with the present report by US Secretary of State, the entire world has come to know about the large scale corruption in India, mainly by the ruling classes to amass wealth.
The General elections are coming. If the people, the voters, are able to defeat the corrupt contestants, at least this will some warning. Let us try for the same.

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FIR against Ambani, Veerappa Moiley in Delhi

12 Wednesday Feb 2014

Posted by VAN NAMBOODIRI in Corruption

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Corruption charges

The Delhi Government as per directions from its Chief Minister Arvind Kejrival has filed FIR against Mukesh Ambani and Central Minister for Oil Veerappa Moily for causing loss to the Government of thousands of crores of rupees, by allowing to raise the price of gas, by reducing the production and increasing the production charge.
This issue has been raised by Left MPs Comrades Sitaram Yechury and Gurudas Dasgupta much earlier, but the UPA government kept silence.

The corporates and the ruling party are in collision to cheat the government. this should end. We welcome this FIR and enquiry.

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Delhi Govt. clears Draft Jan Lok Pal Bill

03 Monday Feb 2014

Posted by VAN NAMBOODIRI in Corruption, General

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AAP, Delhi government

Delhi AAP Government has today cleared the draft of the Jan Lok Pal Bill,which it has promised will be brought without delay. The bill will cover from the Chief Minister to the Group D employees.

But the moot question now is, whether the government will be able to continue to pass the bill with the dissenters threatening to withdraw support.

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Aggressive Bid for Spectrum – Till now bids for Rs,42,000 crore

03 Monday Feb 2014

Posted by VAN NAMBOODIRI in 2G Scam Corruption, Telecom

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Spectrum Auction

The spectrum auction today saw aggressive bidding by the telecom operators. After 7 rounds of bidding, the government has already ensured about Rs. 42,000 crore. There are still more circles for which the auction is to take place.
The bids have reached more than 44% of the bid price as per reports received.
Those who criticised CAG for calculating the loss in 2G auction at 1.76 lakh crore can think again. Spectrum is costly, very costly.

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Public Accounts Committee indicts Delhi Airport Modernisation Project

30 Thursday Jan 2014

Posted by VAN NAMBOODIRI in Corruption

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corruption, Delhi Airport, DIAL, PAC report

What the people have been doubting about the modernisation deal of the Delhi airport with DIAL giving huge concession to the company may be fully true. The Public Accounts Committee (PAC) of the Parliament in its draft report is reported to have made castigating remarks about the huge concessions given to DIAL, the firm which has taken the contract for modernisation. Vast area of land has been given for use ,for a paltry sum of Rs. 31 crore. The potential earning capacity of the land can be hundred times more or much more. In the same way, DIAL has been given lease of the airport for 60 years for a contribution of just Rs. 1,813 crore. The potential earning capacity of the same according to CAG report is about Rs. 1,63,557 crore.
Not only that. Against the agreement with the AAI, the DIAL has imposed development fee from the passengers also.

The Draft PAC report has demanded criminal investigation in to the above deals which has resulted huge loss to the government. It is to be noted that Praful Patel was the Civil Aviation Minister at the time of the deal. He is one of the richest Minister in the UPA II Cabinet.

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