India's Shocking Corruption Scams

Bangalore: Corruption is plagued throughout our country and India has witnessed many corruption scams from Bofors Scam to Satyam to Harshad Mehta scam and many more. Further, with Coalgate creating fresh controversy and debate, here are few of India’s corruption scandals of recent times as listed by yahoo.com.

Coalgate:

The Coalgate has been on the news for a while now. Known as the Mother of all Scams, the Coalgate is allegedly a corruption scandal in which the Comptroller and Auditor General of India (CAG) office accused the Government of India for providing the nation's coal deposits to private and state-run entities in an arbitrary and irregular manner instead of publicly auctioning them off to the highest bidder, resulting in a loss of approximately 186,000 crore to the exchequer during the period 2004-2009.  As per leaks of the report in March this year, the claim is that the figure is around 1,060,000 crore. Prime Minister Manmohan Singh said he would give up his public life if found guilty in this scam. But, BJP leaders are said to not be in a mood to give up on their demand that Manmohan Singh take responsibility on the coal blocks allocation and resign.

Tatra Truck scam:

Another scam that drew a lot of attention was the Tatra truck scam. Bharat Earth Movers Ltd in partnership with Tatra Vectra Motors had produced over 7000 trucks to the Army. When General VK Singh took over as the Army Chief, he refused to authorize the purchase of trucks after he was offered a bribe. This scam was estimated at 750 crore. General Singh's allegation was that a batch of 600 odd trucks was 'substandard'. He alleged he was offered 14 crore, apparently to sanction the purchase of 600 Tatra high-mobility vehicles from BEML.