For old scams, please click in the sub-menu navigation bar above
Aug 5, 2015 Louis Berger case: Former Goa minister Churchill Alemao arrested: "The alleged bribery scam of $976,630 for the Goa project included kickbacks to a minister, the details of which have not been disclosed by the US Department of Justice."
Jul 29, 2015 Coalscam: Two public servants to face prosecution under Prevention of Corruption Act
Jul 29, 2015 Kamat quizzed by Goa Crime Branch: "The Congress left red faced after former Goa Chief Minister Digambar Kamat was questioned by the Crime Branch in the Goa bribery scandal. With two of Congress's top leaders in the line of fire, the party is now on the back foot."
Jul 27, 2015 Retd chief engineer held in Louis Berger case: "In a major development in the pay-off scandal involving a US management consultancy firm, the Goa police today arrested a retired chief engineer A Wachasunder, who headed the Japan-funded project in the state which is currently under scanner. The officer, who was being quizzed by the crime branch since last week, was placed under arrest soon after Chief Minister Laxmikant Parsekar assured the state Assembly that the guilty would be punished."
Jul 26, 2015 BJP plans to target more Congress bigwigs, Scindia in line of fire: "Party has also reportedly distributed booklets titled "Vyapam: Myths and Reality" and "Saga of Scams in Congress-ruled States" to all its office-bearers and MPs asking them to read it carefully."
Jul 25, 2015 VVIP treatment for Saradha scam accused?: "West Bengal Transport Minister Madan Mitra, arrested in connection with Saradha chit fund scam, has been shifted to a VVIP ward of state-run SSKM Hospital in Kolkata. Hospital authorities confirmed that he was shifted to the VVIP ward as the ward he was admitted to is undergoing repairs."
Jul 23, 2015 Debate: Explosive tax evasion charge against Virbhadra Singh: "In a debate moderated by TIMES NOW's Editor-in-Chief Arnab Goswami, panelists -- TSR Subramaniam, Former Cabinet Secretary; M R Venkatesh, CA & Policy Analyst; R Rajagopalan, Senior Journalist; Sushmita Dev, MP, LS, Congress; Pavan Verma, MP, RS, JD (U); and Sudhindra Bhadoria, Leader, BSP -- discuss charges of corruption and money laundering against Himachal Pradesh CM Virbhadra Singh."
Jul 23, 2015 Vyapam scam: Roll numbers of 700 changed: "The roll numbers of 700 candidates in the 2012 Madhya Pradesh Pre-Medical Test were changed by a gang that guaranteed success in the competitive examination"
Jul 22, 2015 BJP demands Uttarakhand CM's resignation in liquor scam controversy: "The BJP on Wednesday demanded the resignation of Uttarakhand Chief Minister Harish Rawat, alleging he was involved in a liquor scam and "loot" during the 2013 floods."
Jul 21, 2015 Coal scam: Ex-MoS for Coal, ex-Coal Secy summoned as accused: "Former Minister of State for Coal Santosh Bagrodia, ex-Coal Secretary H C Gupta and retired public servant L S Janoti, were today summoned as accused by a Special Court in connection with a coal scam case."
Jul 21, 2015 Kingpin, who sold land to Vadra in Rajasthan, held: "In a major crackdown, the Bikaner police arrested six people, including the kingpin of the controversial land deals connected to Congress president Sonia Gandhi’s son-in-law Robert Vadra."
Jul 21, 2015 Lokayukta scam investigation: SIT makes first arrest: "The Special Investigation Team (SIT) probing the case of corruption in the anti-graft ombudsman on Tuesday arrested and produced one Ashok Kumar (30), a resident of Rajajinagar, before the Lokayukta special court."
Jul 19, 2015 Goa seeks CBI inquiry in water proj: "The bribery of $976,630 for a Goa project by Louis Berger included payments to a minister, details of which have not been disclosed by the US Department of Justice."
Jul 19, 2015 Vyapam scam: No audit of exam process in 45 years: "Ever since the Madhya Pradesh Professional Examination Board was formed in 1970, the state government has never conducted an audit of its confidential account"
Jul 19, 2015 Complainant used as puppet by minister: Amitabh Thakur on rape accusation: "Thakur has said SP chief Mulayam Singh Yadav threatened him after his wife Nutan filed a complaint before the UP Lokayukta against the state's Mining minister. - See more at: http://indianexpress.com/article/india/india-others/complainant-used-as-puppet-by-minister-amitabh-thakur-on-rape-accusation/#sthash.19ncUq9K.dpuf"
Jul 15, 2015 Vyapam scam: Daughter of CM's ex-secy scored 85%, but answered 15%: "Anita’s lack of knowledge was compensated by the fact that her father was a private secretary to the chief minister at the time and had unfettered access to a booming test-rigging racket in the Madhya Pradesh Professional Examination Board (MPPEB), or Vyapam."
Jul 15, 2015 CBI arrests Karnataka Congress MLA Anil Lad in illegal mining case: "Sail is already facing prosecution for his role in the export of illegal iron ore. Lad was summoned to the CBI office on Wednesday the afternoon and was subsequently arrested"
Jul 9, 2015 Corruption Currents: Mysterious Deaths Arise in Indian Bribery Scandal
Jul 9, 2015 Vyapam scam: Arms, illicit liquor charges against 400 students: "Some 2,000 people have been arrested in the scandal, more than half of them students and parents who are accused of trying to bribe their way into jobs and medical schools with the help of an organised racket in Madhya Pradesh."
Jul 5, 2015 Andhra Pradesh government to probe alleged corruption in housing scheme: ""Approximately, Rs 5,500 crores has been looted in 10 years (during 2004-2014) in housing," he said, adding the allegedly looted money would be recovered under the revenue recovery act."
Jul 5, 2015 K'taka IAS officer being punished?: "She is the key witness in the Rs 391-crore scam. IAS officer Rashmi Mahesh targeted for taking on the corrupt. During her 18 year career span she has been transferred 23 times. The Opposition hitting out at the Siddaramaiah Govt claiming they're shielding the corrupt."
Jul 5, 2015 Dayanidhi Maran was evasive during questioning; may be called again: CBI: " Former telecom minister Dayanidhi Maran was "evasive" during his questioning by CBI in a case of alleged abuse of his office in getting installed high capacity BSNL lines at his residences to facilitate speedy transmission of programmes to a TV firm owned by his brother"
Jun 29, 2015 Debate: Vyapam scam: India's murkiest coverup: "In a debate moderated by TIMES NOW's Editor-in-Chief Arnab Goswami, panelists -- GVL Narasimha Rao, Natl Spokesperson, BJP; Priyanka Chaturvedi, Natl Spokesperson, Congress; Gaurav Bhatia, Spokesperson & Natl Head, Legal Cell, SP; Sudhindra Bhadoria, Leader, BSP; and Vivek Tankha, Former Additional Solicitor General -- discuss massive political fight over Vyapam scam, Congress alleges cover up after the death of two more accused, death toll of the accused and witnesess touching 25, and Madhya Pradesh Govt ruling out a CBI probe into the issue."
Jun 29, 2015 MP: 2 more Vyapam scam accused die: "Two more accused in the high-profile MPPEB scam died in Gwalior and Indore, adding another murky dimension to the massive scandal in which 25 accused and witnesses have died so far. While the death of 40-year-old Dr Rajendra Arya at Birla Hospital in Gwalior this morning was reported after his condition suddenly deteriorated, that of Narendra Singh Tomar(29) in Indore jail was under mysterious circumstances.Besides Arya, 24 accused, including Tomar, and witnesseshave died so far under mysterious conditions."
Jun 28, 2015 Saritha Nair expose shows brothel culture in Kerala government, alleges CPM: "solar scam accused Saritha S Nair, in a recorded conversation, had stated that there is a lobby among Congress ministers in Kerala, who trap women, sexually exploit and exchange them among the colleagues."
Jun 28, 2015 Vyapam scam accused Narendra Singh Tomar dies in Indore jail; 24th death in the case: "Narendra Singh Tomar, an accused in the high-profile MPPEB scam, has died under mysterious circumstances in an Indore jail, adding another murky chapter to the scandal in which 24 accused and witnesses have died so far."
Jun 24, 2015 Solar scam accused Saritha Nair alleges lobby among ministers to trap women: "Nair had complained to the police Abdullakutty had raped her after inviting her to talk about launching solar project in his constituency."
Jun 19, 2015 VYAPAM scam accused arrested in Gaya village: "who carried a reward of Rs 15000 on his head, was arrested by a joint tem of Gaya and Madhya Pradesh police."
Jun 18, 2015 Debate: #Lalitgate: Can BJP defend Vasundhara Raje too?: "discuss the new twist to the ongoing Sushma-Lalit Modi controversy, BJP leader & Rajasthan CM Vasundhara Raje providing a witness statement in 2011 in support of scam-tainted Lalit Modi's immigration application in the UK, and whether the BJP can defend Raje too after standing by External Affairs Minister Sushma Swaraj who had written to British lawmaker Keith Vaz to allegedly recommend travel documents for scam-tainted Lalit Modi for visiting Portugal."
Jun 18, 2015 Debate: #Lalitgate: Corruption caught red handed?: " discuss the issue of Lalitgate deepening, Congress demanding resignations of External Affairs Minister Sushma Swaraj and Rajasthan CM Vasundhara Raje, Raje's son Dushyant getting a sweet deal from scam-tainted former IPL chief Lalit Modi, and Raje on Lalit Modi's guest list during IPL season 3."
Jun 18, 2015 Raje's son now exposed?: "The BJP is neck deep in trouble. Three prominent leaders - Sushma Swaraj, Vasundhara Raje and her son Dushyant Singh - are now entangled in the biggest scandal of 2015. Will the BJP withstand TIMES NOW's latest expose on the Lalitgate?"
Jun 18, 2015 Story of IPL’s Lalit Modi days: A hotel bill amounting to Rs 1.56 crore and a guest list of top politicians: "Modi has been billed for a little over Rs 1 crore for the two rooms he booked for himself during the four-month period."
Jun 17, 2015 ED registers 2 cases against Bhujbal: "In mounting trouble for former Maharashtra PWD minister Chhagan Bhujbal, the Enforcement Directorate today registered two Economic Case Information Reports (ECIR) against him and others under the provisions of Prevention of Money Laundering Act (PMLA). "We have registered two ECIRs against Bhujbal and others under the provisions of PMLA," an ED source told PTI. The first ECIR pertains to the Maharashtra Sadan scam and Kalina land allotment case while the second ECIR is in connection with an FIR against the senior NCP leader involving a housing project at Navi Mumbai wherein its developer had collected 10 per cent of the flat's total cost as booking amount in 2010 but started no work, the source said."
Jun 17, 2015 CBI files case against Vaghela: "The sale of National Textile Corporation (NTC) land in central Mumbai's Parel area to a private company reportedly caused a loss of Rs 709 crore to the exchequer."
Jun 16, 2015 NCP leader Bhujbal faces ACB raids: "The Anti-Corruption Bureau (ACB) tightens the noose around him and a spate of FIRs has been followed. But NCP leader Chhagan Bhujbal, who is facing allegations of corruption cries conspiracy, claims that the Devendra Fadnavis Government is targeting him and his family."
Jun 16, 2015 Mithun surrenders Rs 1.2-cr received from Saradha to ED
Jun 15, 2015 Controversies galore in MP
Jun 15, 2015 Sebi bans Karvy Stock Broking for a year in IPO scam: "Regulator finds Karvy firms guilty of using benami demat a/cs to corner retail quota for big investors"
Jun 10, 2015 Anti-Corruption Branch begins probe into CNG fitness scam
Jun 8, 2015 BJP protecting Ajit Pawar in irrigation scam case, alleges AAP
Jun 8, 2015 Bribery charge vs snooping charge: "It's an all out political war between the Telugu Desam Party (TDP) and the Telangana Rashtra Samithi (TRS) over the cash for votes scam. While Chandrababu Naidu claims TRS is snooping on his Government, Kalvakuntla Chandrashekar Rao (KCR) accuses TDP Chief of being involved in the bribegate. Furnishing an audio tape that is being submitted to Court, the question is will the Anti Corruption Bureau (ACB) summon the Andhra Chief Minister for interrogation in the scam."
Jun 6, 2015 Delhi ACB reopens CNG fitness case: "Delhi Anti Corruption Bureau (ACB) reopens the 2002 CNG fitness case. This after the CBI transferred the case to Delhi's ACB. Sources say that top officials during former Delhi Chief Minister Sheila Dikshit's regime are under the ACB's scanner."
Jun 4, 2015 Mr Guv, spend money judiciously: "The reply to an RTI query reveals that Rs 4 crore was spent on his flight travels, by special flights and chartered copters, besides renovation of the Raj Bhavan. "
Jun 1, 2015 VVIP cars given right to rule roads: "In yet another brazen display of VVIP Racism, the Karnataka Legislature Secretariat has claimed that 75 cars, under the purview of the Speaker cannot be searched by officials. The letter issued by the Secretariat takes this racism a step further, audaciously stating that these cars can neither be seized nor stopped while plying on city roads. However questions of security risks and misuse of Government vehicles loom large."
Jun 1, 2015 Raja gave 2G licences to firms for Rs 200cr: ED: "Enforcement Directorate told a special court on Monday that former telecom minister and DMK member A Raja "illegally" granted 2G spectrum licences to ineligible firms in exchange for a payment of Rs 200 crore to Kalaignar TV, owned by party chief M Karunanidhi's family. ED made the submissions while commencing final arguments in a 2G scam-related money laundering case, terming it a conspiracy hatched by Raja and the other accused and saying the Rs 200 crore were the "proceeds of crime". "
May 30, 2015 Luxury stay for supervising relief ops: "When lakhs of people in flood-ravaged Uttarakhand went hungry during the 2013 disaster, officials of the state government savoured mutton chops, chicken, milk and cottage cheese in the course of their Rs 7000 per day hotel stay supervising relief efforts. From claiming Rs 194 for half a litre of milk to supplying diesel to two-wheelers, claiming more than Rs 7,000 per day for hotel stay, paying relief twice to same people, purchasing 1,800 rain coats from same shop for three days to making payment of Rs 98 lakh towards fuel purchase to a helicopter company, a string of financial bunglings have come to light through responses to RTI queries."
May 30, 2015 After RTI exposes Uttarakhand floods relief loot, CM Harish Rawat orders probe: "Uttarakhand Chief Minister Harish Rawat on Saturday ordered an inquiry into alleged inflated and forged bills submitted by state government officials during the relief works of 2013 floods."
May 30, 2015 Uttarakhand CM orders probe into flood relief scam: "inflated bills had come to the light which showed officials billed the exchequer Rs 194 for half a litre milk, enjoyed stay in hotels which were over Rs 7000 per day, relished mutton, chicken, cottage cheese and gulab jamuns."
May 27, 2015 Extra-Constitutional authorities were "really wielding" power during UPA rule: PM Modi
May 27, 2015 Amit Shah: India faced scams of worth crores under Manmohan Singh government, Congress cannot do away with it
May 27, 2015 #Scamnesia hits Manmohan Singh: "Singh's statement came in the backdrop of former TRAI chairman Pradip Baijal's allegations that Singh had warned him of harm if he did not cooperate on 2G telecom licenses. Baijal, who was probed for several years in connection with the 2G spectrum allocation scam case, also claimed that the CBI wanted him to "implicate" Arun Shourie and Ratan Tata in the case. Latching onto the issue, BJP Ministers had called the Singh-led UPA government a "coalition in corruption"."
May 19, 2015 Amit Shah hits out at Cong, accuses UPA of plundering Rs 10 lakh cr in scams
May 19, 2015 29 crore road for Badal luxury resort: "Punjab Deputy Chief Minister Sukhbir Badal is building a 7 star resort in Palanpur village. A special 100 feet wide, 1.3 km long road is being built to create access to the resort. The state Government has claimed that the work is being undertaken for public purpose. But the state Congress alleges that road which is running parallel to the National Highway, is being built only for Badal's resort costing the state exchequer a huge sum of Rs 29 crores."
May 18, 2015 Under scanner in Gurgaon Sec 83: "Five licensees sold for Rs 267.47 crore land purchased for Rs 52.26 crore. In two cases, land was sold at 303 times and 880 times the original price within months of grant of licence. M/s Uppal Housing sold the land to its subsidiary M/s Saumya Realtech Pvt Ltd at Rs 69.50 crore in March 2013. In the case of Robert Vadra’s M/s Skylight Hospitality Pvt Ltd, the land was sold to alleged collaborator M/s DLF Universal Ltd, at 7.73 times the original price after the in-principle approval for transfer of licence was granted (April 2012)."
May 17, 2015 Digvijaya shields Gandhis from Vadra deals: "Vadra deals: Digvijaya Singh shields GandhisSenior Congress leader Digvijaya Singh speaking to TIMES NOW's Editor-in-Chief Arnab Goswami over the controversial land deals involving Congress president Sonia Gandhi's son-in-law Robert Vadra, claims Sonia Gandhi was never even aware of the land deals. Congress party has been silent for long on whether a former Congress Government in Haryana let Robert Vadra get away by bending the rules for his proximity to the Gandhi family."
May 17, 2015 Mithun quizzed in Saradha chitfund scam: "The Enforcement Directorate questions Trinamool Congress MP and actor Mithun Chakraborty in connection with the multi-crore Saradha chitfund scam. The Rajya Sabha MP of the ruling party in West Bengal, during the questioning, assured the investigators that he would soon return the amount given to him by the said firm."
May 17, 2015 ED questions Mithun Chakraborty in Saradha scam probe : "Actor assures the agency that he would soon return the amount given to him by the company."
May 15, 2015 Debate: NetajiWarChestLoot: Who siphoned treasure?: "In a debate moderated by TIMES NOW's Editor-in-Chief Arnab Goswami, panelists -- Aman Sinha, Leader BJP & Sr Advocate, SC; Anuj Dhar, Author & RTI Activist; Chandra Kumar Bose, Grandnephew of Netaji Subash Chandra Bose; and Amee Yajnik, Spokesperson, Congress -- discuss the issue of 100 kg INA treasure loot, and why Nehru then ignored the repeated requests to launch a probe to retrieve the missing war chest."
May 15, 2015 Debate: #ProbingVadra: Vendetta or about time?: "Robert Vadra, son-in-law of Congress President Sonia Gandhi, today hoped that the probe launched by Haryana government into his land deals will "not be used for political vendetta" as he insisted that neither he nor anyone associated with him had anything to hide. The state government appointed retired Judge of Delhi High Court, Justice S N Dhingra, as one-man Commission of Inquiry to probe issues concerning the grant of license(s) for developing commercial colonies by the Department of Town and Country Planning, Haryana, to some entities in Sector 83, Gurgaon. The Commission, which is to submit its report within six months, would also probe subsequent transfer or disposal of the lands, allegations of private enrichment, ineligibility of beneficiaries under the rules, and other connected matters, bringing Vadra land deal under the scanner. Earlier, the CAG had alleged that Vadra's firm was one of the nine companies in the area which had not submitted documents on financial adequacy. BJP had made land deals under the previous Congress regime in Haryana a major poll issue during the last year's election alleging that land rules were relaxed to favour a few including Vadra."
May 15, 2015 Independent India's first scam: "Who siphoned off Netaji Subash Chandra Bose's 100 kg treasure chest. Is it Independent India's first scam that went unreported until today?"
May 15, 2015 Land deal commission: Vadra refuses to answer questions: "Robert Vadra, son-in-law of Congress President Sonia Gandhi, today refused to answer TIMES NOW's questions over the probe launched by Haryana government into his land deals, and his allegations that it is a "political vendetta" by the government. Haryana government yesterday appointed retired Judge of Delhi High Court, Justice S N Dhingra, as one-man Commission of Inquiry to probe the land deals granted to Vadra under the previous Congress regime in the state. The Commission, which is to submit its report within six months, would also probe subsequent transfer or disposal of the lands."
May 13, 2015 Vadra's land deal under scanner: "Haryana Minister Anil Vij on Wednesday (May 13) claimed that Congress Vice President Rahul Gandhis suited booted jijaji Robert Vadra would be investigated and stern action will be taken. But the mode of probe will be the prerogative of the Chief Minister Manohar Lal Khattar."
May 13, 2015 Haryana to probe Vadra deals: "Haryana Health Minister Anil Vij said Rahul’s “suited-booted brother-in-law” will be investigated. Vadra’s company, Skylight Hospitality, sold 3.5 acres of prime land in Manesar, Gurgaon, to DLF in 2008 for Rs 58 crore."
May 9, 2015 Vyapam scam: Eighth accused found dead under mysterious circumstances: "Under mysterious circumstances, yet another accused Vijay Singh in the Vyapam scam has been found dead in Kanker district of Chhattisgarh. He is the eighth accused to have died in the scam."
May 9, 2015 $1 million bribe: CBI files FIR against ex-bureaucrat: "the CBI has registered an FIR against former finance ministry additional secretary JS Maini and his family members for allegedly receiving bribe of $1 million (about Rs.6.4 crore) to swing a joint venture between Kribhco and Norwegian fertilizer major Yara in 2007."
May 7, 2015 FIR against two K'taka former CMs: "The Lokayukta Police on Thursday (May 7) has filed FIRs against two former Chief Ministers for criminal conspiracy in de-notifying land in Bengaluru. B S Yeddyurappa and H D Kumaraswamy would face prosecution, besides the latter's mother-in-law Vimala and her son T S Channappa."
May 6, 2015 Coal scam: Congress leader Naveen Jindal, Madhu Koda, 13 others summoned as accused: "The five firms which have been summoned as accused in the Coal scam case are JSPL, Jindal Realty Pvt Ltd, Gagan Infraenergy Ltd, New Delhi Exim Pvt Ltd and Soubhagya Media Ltd."
May 4, 2015 Kripashankar Singh: From selling vegetables to ‘assets of Rs95 cr’, man who became face of Congress in Mumbai: "His first break came in 1988, when Pratibha Patil, later President of India and then heading the state Congress, elevated him to a party secretary. Kripashankar also became a partner in a Navi Mumbai-based firm, Sainath Motor Body Building, in which Pratibha’s son Rajendra Shekhawat was major partner."
May 3, 2015 Odisha chit fund investors start losing hope: "Nearly 170 chit fund companies in Odisha were investigated by the crime branch and nearly 700 people were arrested. In July 2013, the government had announced a corpus fund of Rs 300 crore for refund of money to small investors."
May 2, 2015 Suspended Haryana IAS officer plans his friend's murder from inside Tihar Jail, Delhi Police foils it: "Suspended Haryana cadre IAS officer Sanjeev Kumar's alleged plan to get his friend killed has been foiled by the Delhi Police Crime Branch. Sanjeev Kumar had allegedly the plan from inside the Tihar Jail while he was in judicial custody in connection with the Junior Basic Teachers recruitment "
Apr 29, 2015 Coal scam: CBI files charge sheet against Jindal, 14 others: "Congress leader and industrialist Naveen Jindal, ex-minister of state for coal Dasari Narayan Rao, former Jharkhand Chief Minister Madhu Koda and 12 otherswere today chargesheeted by the CBI before a special court in a coal blocks allocation scam case. Besides them, former Coal Secretary H C Gupta and five firms, including Jindal Steel and Power and Jindal Realty Pvt Ltd, have also been chargesheeted as accused in the case. The case pertains to alleged irregularities in allocation of Amarkonda Murgadangal coal block in Birbhum in Jharkhand in 2008."
Apr 29, 2015 Endless demands of Haryana MLAs: "Haryana legislators want free laptops, higher car and home loan limits, drivers and computer operators and their demands are endless. And, the government seems to be giving bizarre excuses to justify them."
Apr 29, 2015 CBI files charge sheet against Jindal, Koda: "The Central Bureau of Investigation on Wednesday filed a charge sheet against industrialist Naveen Jindal, former Jharkhand chief minister Madhu Koda, ex-coal minister of state Dasari Narayan Rao, former coal secretary H.C. Gupta and others in the coal block allocation case in a court here."
Apr 28, 2015 CBI director Sinha says Rs 80,000 crore still wrapped up in scams
Apr 23, 2015 RBI chief wants PMO to act against bank frauds worth Rs 17,500 crore: "country’s 10 biggest bank frauds allegedly involving prominent real estate, media and diamond firms that are being probed by the CBI"
Apr 18, 2015 Founder of Satyam, Software Outsourcing Company in India, Found Guilty of Fraud
Apr 18, 2015 Congress demands Tripura CM's resignation over ponzi scams
Apr 17, 2015 CBI chargesheets Matang Sinh: "The CBI today submitted second supplementary charge-sheet in the Saradha Realty case against erstwhile Congress MP from Assam, Matang Sinh and former director of Saradha Realty Shib Narayan Das."
Apr 16, 2015 Nagpur's garbage scam worth over Rs 10 crore
Apr 9, 2015 Satyam founder, 9 others guilty of accounting fraud: "All 10 accused including B Ramalinga Raju have been found guilty in the multi-crore accounting fraud Satyam case by a special court in Hyderabad. All ten accused in case have been sentenced to seven years rigorous imprisonment. Satyam founder B Ramalinga Raju and his brother B Rama Raju have been fined Rs five crore each by the special court. Eight others accused have been fined varying amounts up to Rs 25 lakh."
Apr 9, 2015 Satyam scam: Founder Ramalinga Raju sentenced to 7 years in jail: "Six years after the biggest accounting fraud shook the corporate world in India, Satyam chief B Ramalinga Raju and nine others were today found guilty by a special court on charges of criminal conspiracy and cheating in the Rs 7000-crore scam. The court also announced a 7-year jail term and a fine of Rs 5 crores for Raju."
Apr 7, 2015 Another ponzi scam in West Bengal; MPS goes bust, depositors lose their savings: "MPS is currently believed to owe close to Rs 2000 crore to nearly 14 lakh depositors across West Bengal making it a scam nearly as big as that of the Saradha group."
Apr 5, 2015 ED attaches 14 properties of Vyapam scam’s kingpin: "Enforcement Directorateofficials attached 7000 sq m residential complex, 21 acre land (in Bhind, Gwalior and Indore), four luxury cars, three kg gold and cash worth Rs 18 lakh belonging to Dr Sagar. The massive recruitment scam in Madhya Pradesh, estimated to the tune of Rs 2,000 crore, allegedly been running for the past nine to ten years."
Apr 5, 2015 Marans' Assets Seized in Aircel-Maxis Case Include Fixed Deposit Worth 100 Crores: "The CBI began investigating the Aircel-Maxis case in 2011 after allegations that Dayanithi Maran, as Telecom Minister, refused to sanction key permits for Aircel owner C Sivasankaran; a concerted campaign then allegedly coerced the entrepreneur to sell his firm to Maxis, which is owned by Malaysia's second-richest man T Ananda Krishnan."
Apr 5, 2015 Rose Valley chit fund scam amount almost Rs 60,000 crore, several political leaders : " After the Saradha multi-crore chit fund scam, West Bengal has been struck by another ponzi scheme. The Rose Valley chit fund company has duped over 1 crore people and leaders from different political parties have now come under the scanner."
Apr 5, 2015 Chit fund scam: CBI quizzes ED lawyer: "The Enforcement Directorate (ED), probing the money trail in chit fund scams, was in for some embarrassment on Thursday when the CBI grilled its lawyer Debashis Panda for over two hours for his alleged complicity in Artha Tatwa (AT) Group fraud. Debashis is a former additional government advocate."
Apr 4, 2015 Vyapam scam: STF to set up investigations: "The ongoing investigation in the ongoing Vyapam scam gets murkier. A STF is planned to form to probe the role of Indore crime branch in the handling of the hard disk seized by them. Meanwhile, Congress leader Digivijay Singh alleged that the data on the hard disk was tampered."
Apr 2, 2015 More trouble for Rose Valley boss: "Enforcement Directorate on Thursday (April 2) filed charge sheet in the Rose Valley ponzi scam case against six persons, including the company's incarcerated chairman Gautam Kundu, before a city court in Kolkata. The chargesheet against Kundu, five other persons and Rose Valley Real Estate Company Limited was filed before Judge-I G C Karmakar at the City Sessions Court.Appearing for ED, counsel Abhijit Bhadra prayed before the judge that cognizance be taken of the charge sheet so that the five persons, apart from Kundu, can be summoned and questioned in connection with the probe. All the accused have been charged under Prevention of Money Laundering Act."
Apr 1, 2015 Aircel-Maxis deal: ED attaches Rs 742 cr assets of Marans: "The ED issued an order under the Prevention of Money Laundering Act (PMLA) for attachment of assets held by former Telecom Minister Dayanidhi Maran, his brother Kalanithi and Kaveri. ED officers said the order was issued in connection with a money laundering offence relating to illegal gratification amounting to Rs 742.58 crore received by Dayanidhi."
Apr 1, 2015 Cartels in procurement loot railways of Rs 10,000 crore a year: E Sreedharan: ""Perhaps no Indian institution has been subjected to review by more committees than the railways, but the irony is, most reports gather dust with their recommendations unimplemented," Sreedharan says."
Mar 29, 2015 Congress leaders told me not to act against Bellary bros: Bhardwaj: ""These leaders, this leader, told me that I should desist from taking action against Reddy brothers and chief minister B S Yeddyurappa. These Congress leaders were very chummy with the BJP brass,""
Mar 27, 2015 Huge scam in waste disposal: CAG report: "According to the report the examination of the registration numbers of 92 vehicles used for dumping waste from the city to the yard revealed that they were either cars, bikes, scooters or auto-rickshaws."
Mar 27, 2015 Jagan DA case: ED attaches Rs 216 cr property: "The attached properties include: 16 plots in Jawaharlal Nehru Pharma City owned by Ramky worth Rs 115 crores; plot number 45 and 56 in 18.965 acres worth Rs 22.78 crores; plot number 83 of 34.43 acres worth Rs 7.61 crores; 73648 acres in Thanam village worth Rs 35.64 crores, 37.379 acres in Lemarthi village worth Rs 18.09 crores; 23.394 acres in Thadi village worth Rs 12.45 crores, 11.624 acres of Bongani village worth Rs 4.72 crore."
Mar 26, 2015 Saradha scam: Anjan Dutta likely to be quizzed: "Sources say Assam Congress chief Anjan Dutta has been summoned by CBI once again in connection with the Saradha chit fund scam. He is likely to appear before the investigating agency today or latest by tomorrow. This will be his second appearance before CBI. He was questioned by CBI last November over his business dealings with Sudipta Sen."
Mar 26, 2015 CAG report: Haryana govt mulls legal option?: "A day after Comptroller and Auditor General (CAG) pulled up the Haryana government during the Congress regime for showing "undue favours" to Robert Vadra, sources have said that the current BJP-led Haryana government is mulling legal options on the CAG report. In its report for 2013-14, tabled in the Haryana Assembly yesterday, the CAG came down heavily on the Town and Country Planning Department. "... The department neither at the time of granting in-principle approval nor at the time of formal approval for transfer of licences ensured that net profit beyond 15 per cent of the total cost accrues to public exchequer. "This enabled the developers to earn huge profits merely by selling the land while the government had to forego sizeable amount," the CAG report said."
Mar 26, 2015 ED attaches Rs.130 crore assets in Jagan money laundering case: "These include 8,648 acres of land of Lepakshi Knowledge Hub in Anantapur district of Andhra Pradesh, lands of Asara Realty Ventures in Maharashtra and of Cyberabad Hitech Integrated Township Development Corp in Telangana."
Mar 25, 2015 MP Governor’s son, accused in Vyapam scam, reportedly dies of brain hemorrhage: "Madhya Pradesh Governor Ram Naresh Yadav’s son Shailesh Yadav, wanted by the Madhya Pradesh Special Task Force in connection with the Vyapam scam, was found dead under mysterious circumstances at the governor’s residence"
Mar 25, 2015 Coal scam case: Former PM Manmohan Singh moves SC against summon: "seeking quashing of the summons issued to him as an accused in a coal block allocation case."
Mar 25, 2015 Hooda government favoured Vadra in land deals: CAG: "Vadra's company, Skylight Hospitality, sold a prime 3.5 acre piece of land in Manesar in Gurgaon district to DLF in 2008 for Rs 58 crore. The land had, however, only cost his company around Rs 15 crore and was sold to DLF after obtaining change of land use (CLU) and other permissions from the Hooda government."
Mar 23, 2015 Indian police seek arrest of Australian mining chief Bruce Munro: "as part of a criminal investigation into allegations he "cheated" a business partner in a multibillion-dollar coal deal. Fairfax Media has been leaked three court-approved police summons issued by Indian authorities to Mr Munro, the managing director of Australia's second-largest construction and mining firm, Thiess."