The word corruption in the financial sense refers to the individuals whether in politics, governments or the corporate world who choose to seek illegitimate personal gain via a form of illegal activity. The illegal activity may take the form of bribery, extortion, embezzlement, theft or other abuse of power to gain unfair and illegal advantage. It undermines democracy and the rule of law, leads to violations of human rights, distorts markets, erodes the quality of life and allows organised crime, terrorism and other threats to human security to flourish.
A scam worth Rs. 176,000 crore had former Union Cabinet Minister for Communications and Information Technology, Andimuthu Raja at the centre. A. Raja as he is generally called, was the prime accused in the 2G spectrum scam, which was the largest that the country had seen in a long time. Following the shocking exposure, Raja was indicted and forced to resign. Presently, he too has been lodged at the Tihar jail and is awaiting his trial.
The biggest scam that rocked Lalus political career was the fodder scam which involved the embezzlement of Rs. 950 crore approximately. The accusation of nepotism against him has come up time and again but hardly any action has been taken against him owing to his connections in the government.
Former Jharkand Chief Minister, and only the third independent legislator to assume the office of chief minister in India, Madhu Koda was responsible for a scam worth over Rs. 4000 crore. The man exploited the states natural resources by licensing illegal mining leases and stashing away the wealth amassed during the undertaking. Furthermore, the Maoists received a 30% share of the booty. Koda was arrested on charges of money laundering and is still in prison following the rejection of numerous bail applications.
Mulayam Singh Yadav is also known as one of the most corrupt ministers in the country despite not being directly involved in any major scams. Apart from his name being involved in appointments of tainted officers and mishandling of his power as chief minister, Mulayam Singh had one major allegation levelled against him– accumulation of disproportionate assets. The case drew limelight on his sons and daughter-in-law as they too were holders of the assests that amounted to crores of rupees.
M. Karunanidhi was accused of lending support to the LTTE and was indicted for abetting the LTTE in the interim report which oversaw the investigation into Rajiv Gandhis assassination. Karunanidhi reportedly institutionalized corruption in the South. He was a leading player in the cash for votes scams that are common in the southern region, as well as notorious foe extreme nepotism shown under his rule. Not so surprising, is the fact that the main accused in the 2G scam, A, Raja, considers him to be his mentor.
Every now and then, Pawar draws flak for alleged investments made by him and his family in various illegal projects. He was named by Abdul Karim Telgi, during a narcoanalysis test, stating that it was Pawars brainchild to print fake stamp papers across the country and mint money. He was also accused in a multi-crore scam involving wheat imports and institutions headed by him and his close associates were served notices by the Bombay High Court for showing favoritism to his family
The Chief Minister of Tamil Nadu has a staggering 46 corruption cases against her. Amongst the various scams were the Rs. 70 million coal import scam, Tansi land deal case, case of disproportionate assets and colour TV case, amongst many others. A raid in her residence and business establishments led to the seizure of some 28 kg of jewellery (worth Rs 51 crore), 91 wrist-watches, 41 air-conditioners, 10,500 sarees, 750 pairs of footwears, etc. She along with her former cabinet colleagues and senior bureaucrats who worked with her are still facing investigation with regard to corruption.
The most recent politician to be caught in the web of corruption is former Chief Minister of Karnataka, B. S. Yeddyurappa. While he has a number of corruption lying against him, the one that toppled his career was his alleged involvement in the illegal iron ore export scam in districts of Karnataka. A lot of blame game followed and ended up with Yeddyurappa losing his ministerial post last month. Despite his denial, his image as one of the most corrupt politicians of the country will not fade anytime soon.
Some important features of the proposed bill are: To establish a central government anti-corruption institution called Lokpal, supported by Lokayukta at the state level. As in the case of the Supreme Court and Cabinet Secretariat, the Lokpal will be supervised by the Cabinet Secretary and the Election Commission. As a result , it will be completely independent of the government and free from ministerial influence in its investigations. Members will be appointed by judges, Indian Administrative Service officers with a clean record, private citizens and constitutional authorities through a transparent and participator process. A selection committee will invite short-listed candidates for interviews, video recordings of which will thereafter be made public. Every month on its website, the Lokayukta will publish a list of cases dealt with , brief details of each, their outcome and any action taken or proposed. It will also publish lists of all cases received by the Lokayukta during the previous month, cases dealt with and those which are pending.
Arvind Kumar Kejriwal (born 16 June1968) is an Indian social activistfighting for greater transparency inGovernment. He was awarded RamonMagsaysay Award for EmergentLeadership in 2006, for activatingIndias Right to Informationmovement at grassroots and socialactivities to empower the poorestcitizens to fight corruption byholding the government answerableto the people.Kejriwal is also a Saathi(fellow) of the Association for IndiasDevelopment , a Global Impact awardwinning NGO.
HONG KONG The Independent Commission Against Corruption(ICAC) of the Hong Kong Special AdministrativeRegion (HKSAR) of the People’s Republic of Chinawas set up in 1974. The ICAC, the principalagency with a statutory charter to investigateand prevent corruption in Hong Kong, is totallyindependent from the executive branch of theGovernment and reports directly to the ChiefExecutive
AUSTRALIA Australias anti-corruption for development policy provides a framework for planning, resourcing, and reviewing anti corruption activities on a country and regional basis. The overall goal of Australias anti-corruption for development policy is to assist developing countries bring about a sustainable reduction in corrupt behaviour for the purpose of improving economic and social development. Australias approach to anti-corruption will focus on three mutually reinforcing elements: Building constituencies for anti-corruption reform Reducing opportunities for corruption Changing incentives for corrupt behaviour:
CHINA•Corruption is endemic in China, with huge amounts ofmoney involved, and the ruling Communist Party has saidrepeatedly that the problem threatens its hold on power.China has launched a program to try to stop corruptofficials from fleeing the country by monitoring transfersof funds and reviewing applications for overseas travel, agovernment management body said Friday. The program isthe latest of numerous efforts in recent years by thecentral government to curb graft, often a focal point ofprotests by ordinary Chinese. But it remains common amongparty and government officials.