Thursday, June 30, 2011

India Lose 73000000000000 Cr. (73 Lakh Crore) till date in scams

73000000000000 Cr. (73 Lakh Crore)

Hard to digest ? Just check the below given details:


1992 -Harshad Mehta securities scam Rs 5,000 cr


1994 -Sugar import scam Rs 650 cr


1995 -Preferential allotment scam Rs 5,000 cr

Yugoslav Dinar scam Rs 400 cr
Meghalaya Forest scam Rs 300 cr

1996: -Fertiliser import scam Rs 1,300 cr

Urea scam Rs 133 cr
Bihar fodder scam Rs 950 cr

1997 -Sukh Ram telecom scam Rs 1,500 cr

SNC Lavalin power project scam Rs 374 cr
Bihar land scandal Rs 400 cr
C.R. Bhansali stock scam Rs 1,200 cr

1998 -Teak plantation swindle Rs 8,000 cr


2001 -UTI scam Rs 4,800 cr

Dinesh Dalmia stock scam Rs 595 cr
Ketan Parekh securities scam Rs 1,250 cr

2002 -Sanjay Agarwal Home Trade scam Rs 600 cr


2003 -Telgi stamp paper scam Rs 172 cr


2005 -IPO-Demat scam Rs 146 cr

Bihar flood relief scam Rs 17 cr
Scorpene submarine scam Rs 18,978 cr

2006 -Punjab’s City Centre project scam Rs 1,500 cr,

Taj Corridor scam Rs 175 cr

2008 -Pune billionaire Hassan Ali Khan tax default Rs 50,000 cr

The Satyam scam Rs 10,000 cr
Army ration pilferage scam Rs 5,000 cr
The 2-G spectrum swindle Rs 60,000 cr
State Bank of Saurashtra scam Rs 95 cr
Illegal monies in Swiss banks, as estimated in 2008 Rs 71,00,000 cr

2009: -The Jharkhand medical equipment scam Rs 130 cr

Rice export scam Rs 2,500 cr
Orissa mine scam Rs 7,000 cr
Madhu Koda mining scam Rs 4,000 cr”
Orissa mine scam could be worth more than Rs 14k cr

‘A Cover-Up Operation’:

“It’s a scam involving close to Rs 60,000 crores”
Spectrum scam: How govt lost Rs 60,000 crore

India’s biggest scams 1, Ramalinga Raju, Rs. 50.4 billion

India’s biggest scams 2, Harshad Mehta, Rs. 40 billion
India’s biggest scams 3, Ketan Parekh, Rs. 10 billion
India’s biggest scams 4, C R Bhansali, Rs. 12 billion
India’s biggest scams 5, Cobbler scam
India’s biggest scams 6, IPO Scam
India’s biggest scams 7, Dinesh Dalmia, Rs. 5.95 billion
India’s biggest scams 8, Abdul Karim Telgi, Rs. 1.71 billion
India’s biggest scams 9, Virendra Rastogi, Rs. 430 million
India’s biggest scams 10, The UTI Scam, Rs. 320 million
India’s biggest scams 11, Uday Goyal, Rs. 2.1 billion
India’s biggest scams 12, Sanjay Agarwal, Rs. 6 billion
India’s biggest scams 13, Dinesh Singhania, Rs. 1.2 billion


Greed, graft, politics, bribery, dirty money. Just another day in the life of a nation still rated among the most corrupt in the world. Scan the scams that have grabbed headlines, destroyed reputations and left many people poorer.

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