Saturday, July 17, 2010
Firoz.T.Totanawala The Bangalore Metro Reporter THE RACIAL MIRROR
Firoz.T.Totanawala The Bangalore Metro Reporter Victimisation of the victims
Firoz.T.Totanawala The Bangalore Metro Reporter THE GREAT DAMAGER Story of a KLAC Manager who excelled in manipulations
Firoz.T.Totanawala The Bangalore Metro Reporter THE SECOND PARTITION OF INDIA The caste-based census will damage the National integrity
Firoz.T.Totanawala The Bangalore Metro Reporter BANGALORE ENCROACHED
Firoz.T.Totanawala The Bangalore Metro Reporter Aadmi Ka Kya Hua? The Forgotten Promises
Wednesday, July 7, 2010
Firoz.T.Totanawala The Bangalore Metro Reporter The downing of a Crusader – Santosh Hegde’s Case The Lokpal and the Lokayuktas
Firoz.T.Totanawala The Bangalore Metro Reporter UNHEALTHY PRACTICES HEALTH DEPARTMENT INDULGES IN OPEN SCAMS Day Light loot in Purchasing
Wednesday, June 16, 2010
Firoz.T.Totanawala The Bangalore Metro Reporter ROTI MEHNGI AND THE MOBILE SASTA
Firoz.T.Totanawala The Bangalore Metro Reporter Global Investors Meet : Mining Monopoly ...
Firoz.T.Totanawala The Bangalore Metro Reporter I N D I A : The Scam Ridden Country Rs. 7,30,00,00,00,00,000 or 73-Lakh-Crores of Public Money swindled in the Scams in just 17 years
By. Firoz.T Totanawala
The Bangalore Metro Reporter
I N D I A :
The Scam Ridden Country
Rs. 7,30,00,00,00,00,000 or 73-Lakh-Crores of Public Money swindled in the Scams in just 17 years
Not long ago did our freedom fighters sacrifice their families and lives to liberate our country from the clutches of the British in order to provide us a free and an independent Nation. But the euphoria of the great
Though we proudly proclaim ourselves as one of the largest Democracies in the world and console ourselves of having a public run Government, let us also see the other side of the coin.
After the
In order to give citizens an insight into how much of public money is being blown up by our vote seekers we are presenting here under a brief of scams that were made public and that too only from the years 1992 to 2009. Please note that these are the scams that were made public and the amount of the scam as officially disclosed by the respective agencies.
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
Rs 300 cr
1996 Fertiliser import scam
Rs 1,300 cr
Urea scam
Rs 133 cr
Rs 950 cr
1997 Sukh Ram telecom scam
Rs 1,500 cr
SNC Lavalin power project scam
Rs 374 cr
Rs 400 cr
C.R. Bhansali stock scam
Rs 1,200 cr
1998 Teak plantation swindles
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
Rs 17 cr
Scorpene submarine scam
Rs 18,978 cr
2006
1994 Sugar import scam
Rs 650 cr
1995 Preferential allotment scam
Rs 5,000 cr
Yugoslav Dinar 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 swindles
Rs 60,000 cr
State Bank of Saurashtra scam
Rs 95 cr
Illegal money 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"
CUMULATED SCAM AMOUNT is astronomical
Rs.73-Lakh-Crore!
The word 'Scam', which is impregnated with the acts like misappropriation, swindling and cheating of public money and funds, amounts to a whopping 73 lakh crores that too only for 17 years from the year 1992 to 2009, considering only the scams that were made public.
The cumulated sums of the above said money exceeds the astronomical figure of Rs. 7,30,00,00,00,00,000 or 73 Lakh Crores since the year 1992 just in a 17 year period.