Satyam Scandal

The Satyam Computer Services scandal was a corporate scandal affecting India-based company Satyam Computer Services in 2009, in which chairman Ramalinga Raju confessed that the company’s accounts had been falsified About the Chairman Ramalinga Raju (born 16 September 1954) was the former chairman of Satyam Computer Services from 1987 and till 7 January 2009, stepping … More Satyam Scandal

Abhishek Verma

Abhishek Verma is an arms dealer and the main suspect in the Scorpene submarines deal, AgustaWestland VVIP helicopters bribery scandal and Navy War Room Leak Case. In 2006, Verma was accused by the opposition political party BJP of receiving kickbacks amounting to around US$200 million, through a US$4.5 billion Indian Military deal, as a consequence of … More Abhishek Verma

Indian Coal Allocation Scam

Year : 2012 Amount : 185,591 crores  Scammers: Comptroller and Auditor General of India, the coal ministry, many electricity boards and private companies Coal allocation scam (or Coalgate) is a major political scandal concerning the Indian government’s allocation of the nation’s coal deposits to public sector entities (PSEs) and private companies. In a draft report issued in … More Indian Coal Allocation Scam

Hasan Ali Khan

Hasan Ali Khan is an Indian businessman. In 2007, Indian authorities began investigating Khan for suspicion of money laundering. He had a Swiss bank account with $8 billion in deposits. He allegedly stashed away billions into Swiss bank accounts with the help of Kolkata based businessman, Kashinath Tapuriah and Delhi based Praveen Kumar using hawala. In January 2011, the then Finance … More Hasan Ali Khan