Thursday 9 May 2013

Scams in India

The following is a list of alleged scams and scandals in India since independence. These include political, financial, corporate and others.

Entries are arranged in reverse chronological order by year. The year is the one in which the alleged scam was first reported or came into knowledge of public.


Named scandals in India
Scandal Year reported Scope Location Key players Summary
2012 Indian coal mining controversy 2012 Rs1855913.4 million (US$34 billion) nation Comptroller and Auditor General of India, the coal ministry, many electricity boards and private companies coal blocks allotted, not auctioned, leading to estimated losses as per the Comptroller and Auditor General of India
Karnataka Wakf Board Land Scam 2012 Rs2000 billion (US$37 billion) Karnataka

Uttar Pradesh NRHM scam 2012 Rs100 billion (US$1.8 billion) Uttar Pradesh Mayawati
2G spectrum scam 2010 Rs1760 billion (US$32 billion) national Nira Radia, A. Raja, M. K. Kanimozhi, many telecommunications companies communication bandwidth auctioned for lower than market value
Uttar Pradesh food grain scam 2003 Rs350 billion (US$6.4 billion) Uttar Pradesh Kapil Sibal, Mulayam Singh Yadav, Mayawati Food which the government purchased to give to the poor was instead sold on the open market

  • DIAL Scam – Central government lost Rs1669723.5 million (US$31 billion) by undue favours to GMR-led DIAL. DIAL (Delhi International Airport Limited) is a consortium of the GMR Group (50.1%), Fraport AG (10%), Malaysia Airports (10%), India Development Fund (3.9%), and the Airports Authority of India (26%).
  • Granite scam in Tamil Nadu
  • Highway scam – Rs700 million (US$13 million)
  • ISRO's S-band scam (also known as ISRO-Devas deal, the deal was later called off) – Rs2000 billion (US$37 billion)
  • Arunachal Pradesh PDS scam – Rs10 billion (US$180 million)
  • Cash for Vote Scandal
  • Kerala ice cream parlour sex scandal
  • Scorpene Deal scam
  • The Satyam scam
  • Navy War Room spy scandal (related to Scorpene Deal Scam)
  • Oil for food scam
  • Gegong Apang PDS scam
  • Taj corridor scandal
  • Hawala scandal
  • Bihar land scam – Rs4 billion (US$73 million)
  • SNC lavalin power project scam – Rs3.74 billion (US$68 million)
  • Bihar fodder scam – Rs9.5 billion (US$170 million)
  • Purulia arms drop case* The Mundhra scandal – Rs12 million (US$220,000)
  • Jeep scandal – Rs8 million
  • Bofors Scandal
  • Nagarwala scandal – Rs6 million (US$110,000)
  • Commonwealth Games scam – Rs700 billion (US$13 billion)
  • Belekeri port scam

2013


  • Saradha Group financial scandal - Alleged loss of INR 20,000 crores from running Ponzi schemes, mainly in Eastern India.
  • Railway promotion scam- CBI booked Union railway minister Pawan Kumar Bansal's nephew for allegedly accepting a bribe of  Rs90 lakh from a Railway Board member.

2012


  • Granite scam in Tamil Nadu – Loss of about Rs160 billion (US$2.9 billion). At present the matter is under the scanner of investigating / intelligence agencies of India.
  • Maharashtra Irrigation Scam – Loss of about Rs720 billion (US$13 billion). At present the matter is under the scanner of investigating / intelligence agencies of India.
  • Kinetic Finance Limited Scam – Banks lost about Rs2 billion (US$37 million). At present the matter is under the scanner of investigating / intelligence agencies of India.
  • Ultra Mega Power Projects Scam – Central government lost Rs290.33 billion (US$5.3 billion) due to undue favours to Anil Ambani-led Reliance Power.
  • Andhra Pradesh land scam – Rs1000 billion (US$18 billion)
  • Forex derivates scam – Rs320 billion (US$5.9 billion)
  • Service tax and Central Excise Duty fraud – Rs191.59 billion (US$3.5 billion) crore)
  • Gujarat PSU financial irregularities – Rs170 billion (US$3.1 billion)
  • Maharashtra stamp duty scam – Rs6.4 billion (US$120 million)
  • Maharashtra land scam
  • MHADA repair scam – Rs1 billion (US$18 million)
  • Ministry of External Affairs gift scam
  • Himachal Pradesh pulse scam
  • Flying Club fraud – Rs1.9 billion (US$35 million)
  • Andhra Pradesh liquor scam
  • Jammu and Kashmir Cricket Association scam – Approximately Rs500 million (US$9.2 million)
  • Jammu and Kashmir PHE scam
  • Jammu and Kashmir recruitment scam
  • Jammu and Kashmir examgate
  • Jammu and Kashmir dental scam
  • Punjab paddy scam – Rs180 million (US$3.3 million)
  • NHPC cement scam
  • Haryana forest scam
  • Girivan (Pune) land scam (not to be confused with Pune land scam which came to light during 2011)
  • Toilet scam
  • Uttar Pradesh stamp duty scam – Rs1200 crore (US$220 million)
  • Uttar Pradesh horticulture scam – Rs700 million (US$13 million)
  • Uttar Pradesh palm tree plantation scam – Rs550 million (US$10 million)
  • Uttar Pradesh seed scam – Rs500 million (US$9.2 million)
  • Uttar Pradesh elephant statue scam
  • Patiala land scam – Rs2.5 billion (US$46 million)
  • Tax refund scam – Rs30 million (US$550,000)
  • Bengaluru Mayor's fund scam
  • Ranchi real estate scam
  • Delhi surgical gloves procurement scam
  • Aadhar scam
  • BEML housing society scam
  • MSTC gold export scam – Rs4.64 billion (US$85 million)
  • TIN scam
  • Haryana Forest Development Corporation Cash Scam
  • Nayagaon (Punjab) land scam

2011


  • Bellary mining scam
  • Tatra scam – Rs7.5 billion (US$140 million)
  • LIC housing loan scam
  • NTRO scam – Rs8 billion (US$150 million)
  • Goa mining scam
  • Bruhat Bengaluru Mahanagara Palike scam – Rs32.07 billion (US$590 million)
  • Himachal Pradesh HIMUDA housing scam
  • Pune housing scam
  • Pune land scam
  • Orissa pulse scam – Rs7 billion (US$130 million)
  • Kerala investment scam – Rs10 billion (US$180 million)
  • Mumbai Sales Tax fraud – Rs10 billion (US$180 million)
  • Maharashtra education scam – Rs10 billion (US$180 million)
  • Maharashtra PDS scam
  • Uttar Pradesh TET scam
  • Uttar Pradesh MGNREGA scam
  • Orissa MGNREGA scam
  • Indian Air Force land scam
  • Bihar Solar lamp scam – Rs400 million (US$7.3 million)
  • BL Kashyap – EPFO scam – Rs1.69 billion (US$31 million)
  • Assam Education scam
  • Stamp Paper scam (not to be confused with Abdul Karim Telgi's Stamp Paper scam) – Rs23.4 million (US$430,000)
  • Pune ULC scam

2010


  • Andhra Pradesh Emmar scam – Rs25 billion (US$460 million)
  • Madhya Pradesh MGNREGA scam – Rs90 million (US$1.6 million)
  • Jharkhand MGNREGA scam
  • Indian Premier League scandal
  • Karnataka land scam
  • Karnataka housing board scam
  • Uttrakhand Citurgia land scam
  • MCI bribery scandal
  • Chandigarh booth scam

2000s


2009


  • Madhu Koda mining scam
  • Goa Special Economic Zone (SEZ) scam
  • Rice export scam – Rs25 billion (US$460 million)
  • Orissa mining scam – Rs70 billion (US$1.3 billion)
  • Orissa paddy scam
  • Sukhna land scam – Darjeeling
  • Vasundhara Raje land scam
  • Austral Coke scam – Rs10 billion (US$180 million)
  • Gujarat's VDSGCU Sugarcane scam – Rs187 million (US$3.4 million)

2008


  • Hasan Ali black money controversy
  • State Bank of Saurashtra scam – Rs950 million (US$17 million)
  • Army ration pilferage scam – Rs50 billion (US$920 million)
  • Jharkhand medical equipment scam – Rs1.3 billion (US$24 million)
  • Haryana Teachers' recruitment scam
  • Paazee Forex scam – Rs8 billion (US$150 million)

2006


  • Penny stock scam
  • Punjab city centre project scam – Rs15 billion (US$270 million)
  • Uttar Pradesh ayurveda scam – Rs260 million (US$4.8 million)

2005


  • Taj Co-operative Group Housing Scheme scam – Rs40 billion (US$730 million)
  • IPO scam
  • Bihar flood relief scam – Rs170 million (US$3.1 million)

2004


2003


  • HUDCO scam

2002


  • Stamp paper scam – Rs200 billion (US$3.7 billion)
  • Provident Fund (PF) scam

2001


  • Ketan Parekh securities scam
  • Calcutta Stock Exchange scam

2000


  • India-South Africa match fixing scandal
  • UTI scam – Rs320 million (US$5.9 million)

1990s


1997


  • Cobbler scam
  • Sheregar Scam

1996


  • Sukh Ram telecom equipment scandal
  • C R Bhansali scam – Rs11 billion (US$200 million)
  • Fertiliser import scam – Rs1.33 billion (US$24 million)

1995


  • Meghalya forest scam – Rs3 billion (US$55 million)
  • Preferential allotment scam – Rs50 billion (US$920 million)
  • Yugoslav Dinar Scam – Rs4 billion (US$73 million)

1994


  • Sugar import scam

1992


  • Harshad Mehta securities scam – Rs50 billion (US$920 million)
  • Palmolein Oil Import Scam, Kerala
  • Indian Bank scandal – Rs13 billion (US$240 million)

1990


  • Airbus scandal

1980s


1989


  • St Kitts forgery

1981


  • Cement Scam involving A R Antulay – Rs300 million (US$5.5 million)

1970s


1976


  • Kuo oil scandal – Rs22 million (US$400,000)

1974


  • Maruti scandal

1960s


1965


  • Kaling tubes scandal

1964


  • Pratap Singh Kairon scam

1960


  • Teja loan scandal – Rs220 million (US$4.0 million)

1950s


1956


  • BHU funds misappropriation – Rs5 million (US$92,000)

1951


  • Cycle import scam

1948s

Jeep Purchase (1948)


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From;-1947-09.05.13
Source;-http://en.wikipedia.org

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