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Top 10 business scams in India
By siliconindia
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Monday, 08 August 2011, 15:36 IST |
32 Comments
2. Commonwealth Games Scam (CWG)
India was to proudly boast of having hosted the prestigious 2010 Commonwealth Games, but no one knew what lay ahead. The grand event even before it started downhearted many as it was already entwined with allegations of corruption.
The Comptroller and Auditor General (CAG) report indicted that out of Rs Rs 7000 crore intended to be spent on the Games, only half the amount was spent on Indian Sportspersons. Not only did the scam put Suresh Kalmadi, the sacked CWG Chairperson behind bars, but the recent report has also indicted Sheila Dikshit, Chief Minister, New Delhi of causing financial irregularities which led to huge losses to the government.
