How shell companies are used to channel black money

The classic image, as portrayed in Indian films, of corporate corruption is one of a suited businessman handing over a suitcase stuffed with cash to a khadiclad neta.

Indeed, if there is a single physical object in India that often does symbolise corruption, payoffs and black money, it is a closed suitcase. In the appropriate context, it evokes all sorts of associations about what could be in it, and who it is for, and the motives of those involved. Continue reading

Black money: Jethmalani slams govt stand in Supreme Court

Continuing with his tirade against the Narendra Modi-led NDA government, particularly Union Finance Minister Arun Jaitley, for saying that the names of alleged holders of foreign accounts having black money couldn’t be shared, Rajya Sabha MP and senior lawyer Ram Jethmalani Friday said the government’s recent submission in Supreme Court in the matter was “ill-advised”. Continue reading

Corruption and the courts

If there is a larger message in the Karnataka High Court’s refusal to grant bail to former Tamil Nadu Chief Minister Jayalalithaa, it is that the judiciary will treat corruption among public servants with greater seriousness than ever before. In normal circumstances, an appeal against a four-year prison term by a person who is not expected to flee from justice may have been admitted as a matter of course and the sentence suspended without much ado. However, in the light of Supreme Court decisions describing corruption as a violation of human rights that leads to “systematic economic crimes”, and a “serious malady undermining the very health of the polity”, the High Court has chosen to place corruption cases on a different footing altogether. Continue reading

Coal scam: court summons ex-coal secy on corruption charges

A special court on Monday summoned former coal secretary, two other government officials and the directors of the Madhya Pradesh-based firm Kamal Sponge Steel and Power Limited (KSPL) to answer charges of corruption, cheating and conspiracy in connection with the coal blocks allocation scam.

While rejecting the Central Bureau of Investigation’s (CBI) closure report in the FIR against KPSL, special judge Bharat Parashar summoned HC Gupta, KSPL’s managing director Pavan Ahluwalia and senior official Amit Goyal to appear before his court on October 31. Continue reading

India’s Government Is Bribe-Shaming Its Employees

Normally, it’s citizens who call out civil servants for bribery. But in India, the civil service is starting to hold its own people to account. People in India have found a way to bribe their way to do pretty much anything, from passing a driver test to being able to see their baby right after they give birth. Now, the Facebook page of the group Anti-Corruption Bureau in Maharashtra, a state in western India, is publishing photos of public servants who were caught in bribery cases with the goal of mortifying them enough to prevent future corruption. Continue reading

Suspended Syndicate Bank CMD S K Jain, others gets bail in bribery case

NEW DELHI: Syndicate Bank’s suspended CMD S K Jain and five others were today granted bail by a Delhi court after the CBI failed to file charge sheet against them in the stipulated period of 60 days in a bribery case.

Special CBI Judge Swarana Kanta Sharma gave bail to Jain, co-accused Pawan Bansal, Mukesh Jindal, Vineet Godha and Puneet Godha, Vipul Aggarwal on furnishing of a personal bond of Rs two lakhs each and a surety of the like amount. Continue reading

Fair and efficient probe can curb corruption: Delhi court

New Delhi: Only a “fair and efficient probe through field investigation” can curb corruption, a court here has said while acquitting two accused in a graft case for want of evidence.

“However, the single most important factor directly affecting the efficacy of the Prevention of Corruption Act in fulfilling the objective of curbing corruption is the need of a fair, honest, efficient and thorough field investigation,” Special Judge Alok Agarwal said in a recent judgment that has only now been made available. Continue reading

The Delhi Anti Corruption Branch striped of its powers by the Government of India

In what has been regarded as a retrograde step, the Government of India has significantly curtailed the powers of the Delhi Anti-Corruption Branch. The former Chief Minister of Delhi Arvind Kejriwal had empowered the body to probe central government employees accused of bribery charges. Continue reading

Kin allege corruption in transfers

The family members of the slain superintendent of police Nitya Nanda Goswami, who was killed by militants on Friday, alleged that rampant corruption in transfer and posting of police officers forced Goswami to remain posted in trouble-torn areas of the state despite being on the verge of retirement. Continue reading