scams in india
TRANSCRIPT
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POWER CORRUPTS. KNOWLEDGE IS POWER.
STUDY HARD.BE EVIL.
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ARE HERE TO STAY
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A scam is an illegal trick, usually with the purpose of getting money from people or avoiding paying tax.
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COALGATE SCAM2G SCAMRAILWAY SCAMIPL SCAMCOMMONWEALTH SCAMSATYAM SCAMHAWALA SCANDALCASH FOR VOTE SCANDALOIL FOR FOOD SCAMU.P. FOOD GRAIN SCAMTAJ CORRIDOR SCANDALU.P.NRHM SCAMSTAMP PAPER SCAMCHIT FUND SCAMKARNATAKA WAKF BOARD SCAMADARSH HOUSING SOCIETY SCAMLIC HOUSING LOAN SCAMBIHAR FLOOD RELIEF SCAMCOBBLER SCANDALJEAP SCAMBOFORS SCAMCRB SCAMSUGAR BOARD SCAMSAURASHTRA SCAMHOME TRADE SCAM
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OVER 250 SCAMS HAVE OCCURRED SINCE 1947.
Rs. 910,603,234,300,000, which is equal to USD 20.23 trillion HAS BEEN LOST.
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SOME MAJOR SCAMS AND THE STORIES BEHIND
THEM
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THE 2G SPECTRUM YEAR 2008
A.RAJA (FORMER TELECOM MINISTER)
MASTERMIND
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Mobile and allied networks work on specific frequencies allotted to each operator in a band of frequencies known as a spectrum.
The Government is responsible for such allocation. One such allocation in the 2G network spectrum took place in India in the year 2008 under then Telecom Minister A. Raja.
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WHAT LED TO THE SCAM?
The frequencies were allotted in the year 2008 at prices supposed to be in the year 2001.
2008 350 MILLION
2001
4 MILLION
CUSTOMER BASE OF MOBILE PHONE COMPANIES
The 2G Licenses were issued to the companies at THROWAWAY PRICES
leading to undervaluation.Rs. 1.76 Lakh Crore LOST.
“How dare you question the Raja?!”
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Common Wealth Games ScandalYear 2011Key Player
Suresh KalmadiChairman, CWG Organising Committee
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BUDGET FOR THE CWG
ESTIMATED BUDGET
(2003)
FINAL BUDGET (2010)
1620 Crores
11,500 Crores
Rs.11,500 excluded non -sports-related infrastructure development. Just the cost of construction of five Games venues by
Central Public Works Department had escalated by over Rs 1,110crore than the
original sanctioned amount.
“Mommy,I won’t open my eyes.Get
my surprise!”
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Kalmadi and nine others have been accused in the scandal for the following charges-
They had rejected Spanish firm MSL's much lower bid of Rs 62 crore and awarded the contract to Swiss Timing Omega, causing a loss of over Rs 90 crore to the exchequer.
Cheating and criminal conspiracy
Forgery and use of forged documents as genuine, criminal intimidation, destruction of evidence.
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Rs.8000 CRORES DEAD AND BURIED
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THE IPL SCAM
YEAR 2010
Key Accused
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CHARGES LEVELLED AGAINST HIM BY BCCI-Initial bids of Rajasthan Royals and Kings XI PunjabBroadcasting DealsBid-rigging of the two new franchiseesInternet rightsBehavioural pattern of Modi.
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Lalit Modi and Shashi Tharur were accused of selling the teams to the franchisees from whom they had received some extra money which was not going to be put in to the team or the welfare of the board.
Tharoor was asked to resign from his post in the government.
“I shall seek my revenge! For now, sayonara.” (2010)
Returns to the Union Cabinet in 2012 as Minister of Human Resource Development.
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SCAMS YET TO PROBED
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SAB ‘THEEK HAI’