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India's first major scam after independence, the Jeep Scam, set the tone for what was to follow. A deal meant to buy military jeeps for the Indian Army resulted in huge financial losses and raised questions about political-military links.
This financial scam exposed the nexus between politicians and business houses. The Life Insurance Corporation (LIC) was arm-twisted into investing in the failing companies of Haridas Mundhra.
Sanjay Gandhi's dream project Maruti was granted licenses and support without proper procedures, symbolizing how power was used for personal empire building.
One of the most infamous defense scams in Indian history. A massive kickback scandal involving the purchase of Bofors guns, it cast a long shadow on the Rajiv Gandhi government and revealed how middlemen thrived under the Congress regime.
The liberalization era also opened doors for loot in the name of reform. Multiple scams involving import duties, agricultural commodities, and telecom operations marked this period.
This multi-lakh crore scam involved irregularities in the allocation of coal blocks to private players without competitive bidding. The CAG estimated massive losses to the exchequer, and it further cemented the image of the UPA government as one immersed in monumental corruption. This scam alone was enough to shake investor confidence and damage India's economic reputation on the global stage.
The Indian space agency ISRO's commercial arm was found to have signed a shady deal that would have cost the exchequer thousands of crores in spectrum allocation losses.
Foreign investment rules were bent, licenses were manipulated, and massive kickbacks flowed in during this dubious telecom deal.
The media house founded by Peter and Indrani Mukerjea became the epicenter of financial irregularities tied to top-ranking Congress leaders.
This was a bombshell. A calculated and well-executed scam in the telecom sector, where licenses were handed out at throwaway prices, leading to colossal revenue losses to the government.
The land dealings of Robert Vadra, son-in-law of Sonia Gandhi, revealed deep-rooted crony capitalism, where influence opened doors no law could.
As the world watched India host the CWG, billions were siphoned off through inflated contracts, delayed projects, and ghost vendors. It was not just a scam; it was a national embarrassment.
A blatant misuse of public funds and political power, this scandal involved transferring assets worth thousands of crores to private hands under the guise of reviving a defunct newspaper.
Meant for war widows and veterans, this Mumbai housing project became a playground for politicians, bureaucrats, and military officials to grab prime real estate in one of India’s most expensive areas.
Another defense procurement deal mired in controversy, suggesting the manipulation of defense deals was becoming a pattern under Congress-linked regimes.
Kickbacks, shell companies, and a web of deceit in a defense deal for VVIP helicopters. The scam had international footprints and domestic enablers.
Top AAP leaders, including Arvind Kejriwal & Manish Sisodia, were arrested or questioned in a liquor policy scam involving alleged kickbacks and irregular tenders.
Kejriwal’s extravagant renovation of his official residence—spending over Rs. 45 crore on luxury tiles, curtains, and imported furniture—exposed the hypocrisy behind his “aam aadmi” image.
Massive financial misappropriations came to light within the Delhi Jal Board under AAP’s governance.
“When corruption becomes tradition, awakening becomes revolution.”— Adarsh Singh
Tue Apr 22, 2025
Adarsh Singh
Sanatan Dharma | Spirituality | Numerology | Energy Healing, Ayurveda, Meditation |Mind & Motivation | Money & Markets | Perennial Optimist | Politics & Geopolitics
Founder of iSOUL ~ Ideal School of Ultimate Life
Adarsh Singh empowers individuals to live purposefully by integrating timeless wisdom with practical tools. With 18+ years in finance and a deep connection to spirituality, his teachings blend Money, Mind, Matter(Body) and Meaning to help people create a truly fulfilling life.