My Blog List

Hot News Of 2010

As 2010 year is yet to end it is time to look back and evaluate how we did in our lives , our relationships , our finances , our careers. In same way it is time to see how our country did in various areas.

In CWG Large sums of money have allegedly been paid to non-existent partie. The execution of many contracts has been deliberately delayed. The CVC has found that money paid for many Games related projects are abnormally high. It has also detected widespread bunglings in the purchase of equipment for the Games. The Central Vigilance Commission (CVC) has allegedly suggested that upto Rs. 8000 crores may have been deliberately misspent on payment to companies that don't exist, and on companies that were allowed to charge hugely inflated prices for material supplied by them.

Adarsh Society Scam. The Society was originally Built  for Kargil war widows. Our politicians should be ashamed of themselves but as we all know they are shameless! What u will call this if the 6 storey is made 31 storey building? Maharashtra Chief Minister Ashok Chavan, accused of helping his relatives get flats in the controversial Adarsh Housing complex in downtown Mumbai. Union Heavy Industry Minister Vilasrao Deshmukh, Union Power Minister Sushilkumar Shinde and current Revenue Minister Narayan Rane -- and Maharashtra minister Ajit Pawar, nephew of NCP supremo Sharad Pawar had links with the controversy. Generals helped in  getting permits for the society, but how the General could afford flats which cost upwards of Rs. 75 lakh.

The Loan Scam. The executives of  LIC Housing Finance, Central Bank of India, Punjab National Bank, Bank of India received bribes valued at hundreds of millions of dollars from private finance firm Money Matters Financial Services, which acted as a "mediator and facilitator" of corporate loans and other facilities.Rajesh Sharma of Money Matters paid a Rs. 25-lakh bribe to RN Tayal at the Bank of India. In return, Tayal allegedly assured him of two loans worth Rs. 500 crore for two different companies.

2G Scam. Raja of DMK Seems to be have taken word so literally that he didnt listen to even prime minister of India. Dubbed as mother of all scams the money involved is 1.76 lakh crores. 

UP Food Scam. up food scam is grand daddy of all scam considering the money involved. The scam is said to be worth of 2 lakh crores. So when raja is alleged to have used modern way of making money , up used age old way. The food acquired to be distributed in primary schools ended up being sold in market!

IPL Scam. IPL being an event which involves lot of money with no transparency now leaves lots of un-answered questions in the mind of every cricket lover. I have never read anywhere how much money each Franchisee is earning and how are they making money. What is the amount of money received from the sponsors and other events are not made known to the public. After these allegations and controversies, many facts are coming out. Nothing is proved yet, but the allegations sounds worrying. Many politicians involved, unknown stake holders, some sweat equity stake holders, betting, match fixing, money laundering , scams, etc. Modi was even alleged to have offered US$ 50 million to the Kochi franchisee to go back and give the Franchisee to Ahmedabad.

Karnataka Scam. Katta Jagdish, son of senior Cabinet Minister Katta Subramanya Naidu, is arrested under the Prevention of Corruption Act in a Rs 100 crore land scam. He was allegedly trying to buy over a crucial witness in the case.

1.       Adarsh Housing Society by Military and Politicians
2.       2G Spectrum Scam
3.       Common Wealth Games(CWG) Corruption
4.       Mining Scams
5.       IPL Scam
6.       LIC Insurance Scam

Every one is colored in the color of scam. 

Shrusti Jain

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