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Plunder of India: Naresh D Chandavarkar
Plunder of India: Naresh D Chandavarkar
r k
va
da
an
h
C
of India
D
s h
r e
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India now is a r
r k
witnessing not d a v a mere
n
corruption,Ch but
a
D
nationaleshplunder.
a r
N --Brahma Challeny, The Hindu, Dec 6, 2010
ESTIMATE OF DEPOSITS IN SAFE HAVENS
Top 5 in the world
a r
India - $1456 billion (1.4 Trillion dollars) Note: While these
Russia - $470 billionrk numbers are not
d a
Ukraine - $100 billion
it does reflect the
magnitude.
China - $96a n
billion
h
C Conservative Estimate by
D Global Financial Integrity
s h
r e
a
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India’s standing per
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Transparency International
rk
a
v a
d a
India’s Corruption
h a n
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Perception
s h
D Index: 3.3
r e
a Scale of 0 to10
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10 (highly clean), 0 (highly corrupt)
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India ka
a r
a v
n d
h a
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The Republic s h
D of Scams
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a
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India, Republic of Scams
2G Spectrum Allocation r
k a
Fraud, 1.76 lakh acrores
r
a v
(40 billion dollars)
n d
h a
Classic example of collusion between politicians,
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industrialists and media with high powered brokers.
D
s h
Indian Government refuses to constitute a joint parliamentary
r e
committee of all parties to investigate the scam (that resulted in
a
total deadlock in entire last parliamentary session).
N
India, Republic of Scams
2G Spectrum Allocation Fraud(2010)
a r
r k
va
da
an India Today
h
C Jan 3, 2010
D
No tolerance for corruption or deception? Govt refused Joint
s h
Parliamentary committee because based on proportion of MPs
r e
there will be majority representatives from other parties who will
a
be able expose those who actually received money and deposited
N
in swiss and other safe havens? Who are they protecting?
According to Dr. Swamy, Sonia has taken a big share of the loot
deposited under her sisters names (Anushka and Nadia)
India, Republic of Scams
Commonwealth games (CWG) fraud
r
60,000 crores, 13 billion dollars
a (2010)
[Conservative estimate!!!]
r k
CWG cost comparisons v a
2002 (UK): d
Rs 2,100 crores
a
n
a crores
2006 (Australia): Rsh5,000
2010 (India): C 60,000 crores!!!
Rs
2014(UK,estimated D
): Rs 2,200 crores!!!
s h
r e
a 900+ crores billed for about 85 crores stadium.
Original estimate of India’s CWG is 617.5 crores. 90% of infrastructure development
N
costs were looted.
a n
industrialists and Khan was conduit. That is not all. There is enormous amount of
h if requested, Govt submitted forged
money ploughed back into India stock market as participatory notes. Even though
da India’s wealth is
an in Swiss and
various
h
C British/US Islands
D and now in
s h Dubai!.
N
As appeared in popular Swiss magazine Schweizer
Illustriet in 1991. This was never challenged!!
India, Republic of Scams
Bofors Scam
(400 million dollars, in 1980s)
a r
r k
Biggest scandal of the time, in 1980’s where major cut was believed to be
va
taken by Rajiv Gandhi and his party, with Quattrochi, close Italian family
a
friend of Sonia Gandhi brokering the deal. Quattrochi negotiated many
d
n
Indian Govt deals on behalf of his parent company Snam Progetti.
a
h
C
In Dec 2005, Indian Government (Additional Solicitor general) helped
de-freeze Quattrochi account with no regards to Indian courts as it did
D
not inform even the Supreme Court.
s h
In Feb 2007 when Argentina detained Quattrochi, Indian Government
r e
submitted forged papers that resulted in rejection by Argentina.
a
Recently India’s CBI withdrew his name from list of wanted persons.
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India, Republic of Scams
And more scams by our politicians
a r
r k
Ex Jharkhand Chief Minister, 1 billion dollars, (in
v a
more than 1800 bank accounts worldwide, from mineral
a
rich state) 2006-2009
d
a n
Mayawathi, UP CM, Taj h Corridor scam up to 44
C
million dollars, 2002.
D
s h
r eJain Hawala Scandal, 18 million
a dollars, 1996.
N Advani, Devi Lal, Yadav and
more.
India, Republic of Scams
YSR/Jagan scam of 78,000 crores in 4.5 years
Andhra CM (2004-2009) r
k a
a r
a v
n d
h a
C
D
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India, Republic of Scams
Karunanidhi family amassing millions in various businesses. One
of them even made it to Fortune magazine list of top billionaires!!
a r
r k
v a
d a
a n
h
C
D
s h
r e
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Jayalalitha: Tamilnadu has dubious record of both main political parties well known for
corruption. Her party worker threw acid on bureaucrat’s face for not falling in line.
India, Republic of Scams
Plunder of India’s natural resources
a r
Natural resources that belong to all k Indians are
a r
looted by private parties in collusion with
a v
politicians and bureaucrats.
d n
h a
Reddy Brothers looted 27 lakh tons of Iron Ore
C
(in collusion with Congress in Andhra and BJP in
Karnataka) D -Times of India, May 31, 2010
s h
r e
aAmbani brothers got exorbitant prices, tax
Nexemptions tailored to benefit them and virtual
monopoly for Krishna Godavari basin exploration,
benefitting billions of dollars from congress Govt.
India, Republic of Scams
Tainted Judiciary
a r
Even Judiciary is severely r ktainted.
v a
Former Supreme Court a Justice KG
n d
Balakrishnan’s son-in-laws
a amassed
h
fortunes during his C tenure. During his
D
tenure, he aggressively blocked any
s h
attempt to bring
r e judges into purview of
a
N
declaring their assets.
India, Republic of Scams
Tainted Vigilance body head!
a r
Indian Government appointed r k tainted
P.J. Thomas as head of Centralv a Vigilance
a
d the Telecom
Commission (CVC). Henwas
a
secretary under whomh 40 billion dollar 2G
C
scandal occurred D and he is going to
s h
investigate 2G scam!! When Supreme
r
Court
e
a of India questioned ,
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Government basically told it is
not their business.
The list of scams does not end, 73 lakh crores looted
(1948)Jeep Scandal.[61][62] HDW Submarine Scandal.[130][131] Fertiliser Import Scam.[178][179]
Haridas Mundhra Scandal ( 1957).[63][64]
K D Malaviya-Sirajuddin Oil Scandal.[61][65][66]
1971 Nagarwala Scandal.[67][68]
Kashmir Sex Racket Scam.[132][133]
Babri and Ram Mandir Scam.[134][135] r
Telecom Scam.[180][181]
a
SNC Lavalin Power Project Scam.[182][183]
Teak Plantation Swindle Scam.[184][185]
k
Land Acquisition Scams on name of SEZ with
r
1975: Declaration of Emergency.[69] harassment false cases.[136][137] Scorpene Submarine Scam.[186][187]
Sukhna Land Scandal.[70][71][72][73] Profident Fund Scam with Current corrupted Taj Corridor Scam.[188][189]
Oil for Food Programme Scam.[74][75]
Barak Missile Scandal.[76][77]
Palmolein Oil Scam.[78][79]
Judges in both Supreme Court and High
Court.[138][139]
Ketan Parek Stock Market Scam.[140][141]
v a Army Ration Pilferage Scam.[190][191]
State Bank of Saurashtra Scam.[192][193]
Flood Relief Scam.[194][195][196]
Initial Public Offer(IPO) Scam.[80][81]
Mining Scams.[82][83]
Bitumen Scam.[84][85]
Bansali Scam.[142][143]
Cobbler and Shoes Scam.[144][145]
Nagarjuna Finance Scam.[146][147]
d a Rice Export Scam.[197][198]
Bulletproof Jackets Scam.[199][200]
MCD Pension Scam.[201][202]
Cement Scandal.[86][87]
IPL Scam.[88][89]
Animal Husbandry Scam.[90][91]
UTI Scam.[139][150]
Uday Goyal Scam.[124][151]
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Dalmia DSQ Software Scam.[148][149]
a
AICTE Scam.[203][204]
Medical Council of India(MCI) Scam.[205][206]
Rail Recruitment Scam.[207][208]
Satyam Software Services Scam.[92][93]
h
Letter of Credit (LOC) Scam.[120][152] NREGA Scam.[209][210]
C
Tansi Land Scam.[94][95] Sanjay Agrawal Home Trade Scam.Scam.[153][154] Siachen Scam.[211][212]
ULIP Insurance Scam.[96][97] LIC Insurance Scam.[155][156] J & K Milk Scam.[213][214]
Cash For Votes Scandal.[98][99] Harshad Mehta Stock Market Scam.[157][158] Gorshkov Scam.[215][216]
RBG Resources Scam.[100][101]
Bangalore - Mysore Infrastructure Corridor
D
Suflam Sujalam Scam.[159]
Madhavpura Mercantile Cooperative Bank
MPLAD Scam.[217][218]
Public Distribution System(PDS) Scam.[219][220]
Fraud.[102][103]
Bofors Scam.[104][105]
Haji Scams.[106][107] h
(MMCB) Scam.[160][161]
Hawala Transaction Scams.[120][162]
s
Global Trust Bank Scam and Bankruptcy.[163][164]
Rajya Sabha Vote Scam.[221][222]
Cash for Questions in Parliament
Scam.[223][224][225]
Animal Fodder Scam.[107][108]
Human Trafficking Scam.[109][110]
r eCharminar Cooperative Urban Bank (CCUB)
Scam and Bankruptcy.[165][166]
City Limouzine & Realcom Scam.[226][227][228]
Common Wealth Games(CWG)
a
Churhat Lottery Scam.[111][112] Vasavi Bank Scam and Bankruptcy.[167][168] Corruption.[229][230]
Telgi Stamp Papers Scam.[113][114] Krushi Cooperative Urban Bank (KCUB) Adarsh Housing Society Scam.[231][232]
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Urea Scam.[115][116] Scam.[169][170] 2G spectrum scam.[233][234]
St Kitts Forgery.[117][118] Prudential Bank Scam and Bankruptcy.[171][172]
Anantnag Transport Subsidy Scam.[69][119] Nagpur District Central Cooperative Bank
Yugoslav Dinar Scam[120][121] (NDCCB) Scam.[172][173]
Kargil and Coffin Scam.[122][123] 2010 housing loan scam.[174][175]
Uday Goyal Arrow Global Agrotech Scam.[124][125] Sugar Import Scam.[176][177]
Emaar Scam.[126][127] Preferential Allotment Scam.[178]
Spiritual Guru Scams.[128][129] Meghalaya Forest Scam.[178]
India, Republic of Scams
The cycle of winning elections and looting
a r
k
India’s politics has evolved into a cycle of looting,
r
a
spending part of the loot to win elections and loot more.
v
a
The system has become incapable of bringing in new and
d
n
capable people because of the vast resources needed to
a
h
win election. This system encourages other parties to
C
steal so as to win elections and stay in the game.
D
s h
In AP even state constituency is believed to
r e
require 5 to 6 crores to win elections. Every
a possible way to win elections is used, by
N dividing people, manipulating Electronic Voting
machines, use money and muscle power. They
promise color TV’s, even homes!
India, Republic of Scams
Kings have gone but new dynasties are coming up
Kings have gone but our kcorrupt a r
democratic system is evolving a r into new
a v
dynasties with Nehru n d dynasty that
amassed vast wealth a
h and resources as
the King and the
C
D other families as
h
satellites (forse.g.,) YSR, Karunanidhi,
r e
Dev Gowda’s,
a NTR’s, Chautala’s etc.
N
The pattern of corruption is started by Indira Gandhi, who
openly patronized corruption as common in the world.
India, Republic of Scams
India a democracy, is it?
a r
The vast wealth gained by corruption,kfew individuals
can buy up India democracy. In 2008, a r
smaller party MP
seats were bought with 10 million a v dollars per seat.
n d
Once in power they compromise
a every democratic
h their game.
institution to hide
C
D
The smaller partiess h are won by carrot and stick.
r e
They will be threatened for their wrong doings (all
of them have N
a
skeletons in the closet) and rewarded
with few millions for supporting.
India, Republic of Scams
Degradation of India’s politics
a r
40% of Indian MPs have criminal record
r k
v a
A tight control of media is exercised so as not to expose,
specifically Gandhi family. Politicians even own large
media. Even highest honorsa
d of India are awarded based on
thenaffiliations.
a
named after GandhihFamily in spite of overwhelming proof
People are fooled with hundreds of Indian Institutions
C
& allegations (Bofors, Quattrochhi, KGB Payments, 2G) of
looting country.DWhile Mayavathi is busy unveiling her own
s h
statues, YSR who looted the state was given state burial.
Rahulre Gandhi, who has no record to speak of (and
a was arrested by FBI for money laundering in
NUS 2001) is foisted on the country without any
who
a v
country C
h an d
losing? s h
r e
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What is country losing?
Just one 2G Scam, 40 billion dollars loot
r
mean following loss for the country
a
1.It is 3% of country’s GDP in just a
k
r scam!!!
one
a v
2. It is 20% of the money needed n d to create a
National Grid (connecting
a
h all rivers in India).
Such a grid would ensure
C
D perennial water-supply
to every one of 6 lakh
s h villages and to create 9
r
crore acres of lande assured irrigation.
a
N
3. This one scam alone is believed to exceed the
colonial loot of 200 years!!
What is country losing?
What could India do with 73 lakh crores (1.4 trillion
r out.
dollars)? India’s poverty can be wiped
a
rk
village, at a cost of Rs 30 lakhs each. v a
Build: 2.4 crore primary healthcare centres. That’s at least 3 for every
da
n
Build: 24.1 lakh Kendriya Vidyalayas at a cost of Rs 3.02 crore each, with two
a
sections from Class VI to XII.
h
C
Construct: 14.6 crore low-cost houses assuming a cost of Rs 5 lakh a unit.
D
s h
Set up: 2,703 coal-based power plants of 600 MW each. Each costs Rs 2,700
crore.
r e
a
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Supply: 12 lakh CFL bulbs. Thats enough light for each of India’s 6 lakh villages.
h
C
Launch: 90 NREGA-style schemes, each worth roughly Rs 81,111 crore.
D
s h
Announce: 121 more loan waiver schemes. All of them worth Rs 60,000
crore.
r e
a Nanos to 60.8 crore people. Or four times as
Hand out: 60.8 crore Tata
many laptops. N
Grow the GDP: The scam money is 27% more than our GDP (Rs 53 lakh crores).
What is country losing?
Impoverishment of millions
a r
80% of India is poor (less thanrk2$ per day)
a
and every second child is malnourished.
v
One third of global poord a live in India
n a
h
C
D
s h
r e
a
N
What is country losing?
Impoverishment of millions
a r
k
Since 1997, 199,132 farmers
r
a
v India.
committed suicideain
n d
h a
In 2004, in just one week 62 cotton farmers have committed
suicide in one place called Vidarbha in Maharashtra state.
C
D
s h
r e
a
N
What is country losing?
Impoverishment of millions
a r
The looted money is used to hoard a r k
food supplies to
increase prices and make more. This a v is making life hell
n d
for poor in India with 17% inflation. A mother has to
chose between sending her child
h a to school or to work.
C
D
s h
r e
a
N
What is country losing?
Impoverishment of millions
a r
k slums
100 million Indians live rin
a
surrounding cities inavdepraved
n d
conditions with no toilet or hygiene.
a h
C
D
s h
r e
a
N
What is country losing?
Insurgency
a r
r k
va Lack of
da development is
an causing
h insurgency. One
C third of India’s
D
s h districts are
r e affected by
a Maoist
N
insurgency.
Fact India, based on newspaper reports
What is country losing?
Terrorism
a r
Transfer of loot to tax havens r k and to
v a
countries harboring terroragroups. For e.g,
transfer of Swan telecom n d
2G loot to Elisalat,
a
h ISI involvement.
a Dubai based groupCwith
Also, the brokers D who do the hawala
s
transfers for the h looters also do for the
r e
a (Jain Hawala scam).
terrorists
N
Dr. Subramanian Swamy, in news media on 2G scam
What is country losing?
Poor infrastructure even to save food
r
grains causing food priceskato soar
a r
The cut in every project aleft v India with
d
little infrastructure ofndrinking water,
h
electricity, roads, canals
a and sewage
systems making life
C
D miserabale. Worse, it
is costing 50,000 s h crores of agriculture loss
each year with r e
a thousands of tons of food
Ngrains rotting when millions do
not have 2 meals a day.
What is country losing?
Severe Internal and External Security Challenges
a r
India’s police does not have properkequipment to
fight terrorists and insurgents. The a r shoddy bullet
a v
vests could not protect our police
d during Mumbai
a n
terrorist attack.
h
C
The wheeling dealing (cut to politicians) with every
D
military procurement left India with sub standard
s h
equipment. Not only that, more seriously it destroyed
r e
indigenous development of weapons. It is now believed
a
N
India will not win a determined war with its
neighbors.
What is country losing?
Wide contrast between rich and poor
a r
The rich and poor contrast is so
r k
telling in Mumbai where Ambani
va
build 1 billion dollar home (most
expensive home in the world with da
3 helipads and underground an
parking for 160 vehicles) versus h
Mumbai Dharavi slum where C
nearly half of Mumbai population D
h
live without sanitation, drinking
s
e
water (18,000 people per acre).
r
a
N
Ambani gave a jet plane as a
birthday gift to his wife which Dr.
Swamy says is used by Sonia
Gandhi as private jet for Italy trips.
India is a rich a r
r k
countryndthat a v a
a
breeds poor D
C
h
people
s h
to make
N
a r e rich richer.
- Editorial, People Democracy
a r
What are the n da va r k
h a
solutions?
N
a r es h
D
C
What are the solutions?
Massive awakening a r to
r k
force laws that have v a teeth
d a
and are not subjected
a n to
h
C
political interference.
D
s h
r e
E.g., India’s RTI (Freedom of Information) act has given some
a
N
power to citizens over bureaucracy.
India against Corruption with well known activists has come up with such bills
and organizing rally to support them ( http://www.indiaagainstcorruption.org )
What are the solutions?