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CORRUPTION & SCAMS
IN OUR COUNTRY
Three among
the five topmost corruption scams in India
•
•
•

2G spectrum
Common wealth ...
1. 2G SPECTRUM SCAM
CAG (Controller and Auditor General) agency.
 Raja….the former telecom minister allocated 2g
mobile s...
No auctions, No bids….. Followed “first come-first serve”
policy.
 Unitech and Swan telecom got licenses without any
tele...
2. COMMONWEALTH GAMES 2010
SCAM
71 countries from world, about 2,000 staff, 18,000
volunteers,12 days of events.
 Being a...
It is because of Mr. Suresh kalmadi…. the initiator this
fraud was treated as “shame of India” instead of “scam of
India”....
3.SATYAM SCAM







B. Ramalinga raju… the founder and
former chairman… an IT professional.
Fourth biggest outsourcin...
Became biggest fraud in corporate
history to the tune of 14,000cr.
 More than 50,000 employees jobs were
at risk.
 7% of...
ILL EFFECTS DUE TO
CORRUPTION
“Rich becomes richer & poor
stay poor”.
 A developing nation will stay
developing…… even fo...
HOW TO COMPENSATE THE LOSS


One should be sincere on their own
profession.



One should contribute their work for own
...
Let

us fight for better INDIA.

THANK YOU
SUMANTH SAI .CH
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53579705 corruption-in-our-country

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Transcript of "53579705 corruption-in-our-country"

  1. 1. CORRUPTION & SCAMS IN OUR COUNTRY Three among the five topmost corruption scams in India • • • 2G spectrum Common wealth games Satyam scam
  2. 2. 1. 2G SPECTRUM SCAM CAG (Controller and Auditor General) agency.  Raja….the former telecom minister allocated 2g mobile spectrum licenses flouting rules.  1.76 lakh crores revenue loss for India.  Spectrum allocated beyond contracted quantities to 9 firms including Airtel,Idea,Reliance,Vodafone,BSNL,Aircel. 
  3. 3. No auctions, No bids….. Followed “first come-first serve” policy.  Unitech and Swan telecom got licenses without any telecom experience.  Swan telecom is not even having eligible criteria.  Swan got license for 1,537cr. And sold for 4,200cr.  Unitech got for 1,661cr. and sold for 6,200cr. 
  4. 4. 2. COMMONWEALTH GAMES 2010 SCAM 71 countries from world, about 2,000 staff, 18,000 volunteers,12 days of events.  Being a prestigious issue for India….. only half of the estimated finance was used for sports persons.  Literally it is a loot of about 30,000cr. As the budget is of 70,000cr. 
  5. 5. It is because of Mr. Suresh kalmadi…. the initiator this fraud was treated as “shame of India” instead of “scam of India”.  Fraud deals like this.. “buy material, I’ll give you percentage”, “make policy in my favor”.  Even IIT, Nit officers and AIR India's officers involved in this scam. 
  6. 6. 3.SATYAM SCAM     B. Ramalinga raju… the founder and former chairman… an IT professional. Fourth biggest outsourcing IT company in India. More than 50,000 employees from India. Offers services to more than 550 MNCs.
  7. 7. Became biggest fraud in corporate history to the tune of 14,000cr.  More than 50,000 employees jobs were at risk.  7% of sensex has fallen down.  Since Raju can’t compensate the fraud money, he announced to acquire satyam to maytas prop. & maytas infra with about 8,000cr.  Ministry of corporate affairs enquired on this whether any violation of laws of strategy takes place. 
  8. 8. ILL EFFECTS DUE TO CORRUPTION “Rich becomes richer & poor stay poor”.  A developing nation will stay developing…… even for generations.  Financial imbalance over the nation…….  In peak stage…… it tends to economic inflation. 
  9. 9. HOW TO COMPENSATE THE LOSS  One should be sincere on their own profession.  One should contribute their work for own country’s development (outsourcing reduced). Do not encourage corruption. Directing ones professional goals towards country’s vision.    Our country vision is to became a super power in 2020.
  10. 10. Let us fight for better INDIA. THANK YOU SUMANTH SAI .CH
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