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Top 10 business scams in India
By siliconindia
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Monday, 08 August 2011, 15:35 IST |
32 Comments
Bangalore: The series of scams in India has degraded the integrity and dignity that the country has carried at the International front. The theoretical and bogus rules framed in the law books have not been enough to control this ever growing phenomenon of corruption here. However anti-corruption social activists-Anna Hazare and Arvind Kejriwal has instilled some hope in the hearts of millions in their fight against corruption. India's records of past scams will tear you apart and will diminish the hope of enlightenment created by these activists.
Here is the list of ten biggest scams that rocked India:
1. 2G scam:
None can beat this one, the infamous 2G scam, a fiddle of 
1.76-lakh crore in the telecom industry of India. According to the CAG report, the former Telecom minister, A Raja evaded norms at every level as he distributed the dubious 2G license awards in 2008 at a throw-away price which were pegged at 2001 prices. The cases are still on in the Special CBI Court and seem to be unearthing more swindles.
1.76-lakh crore in the telecom industry of India. According to the CAG report, the former Telecom minister, A Raja evaded norms at every level as he distributed the dubious 2G license awards in 2008 at a throw-away price which were pegged at 2001 prices. The cases are still on in the Special CBI Court and seem to be unearthing more swindles.
