Gob-smacked by Scams Government, companies and individuals, all under the scanner

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SCAMS \\ India saw its fair share of scams in 2012, the biggest one being the coal allocation scam, or ‘Coalgate’. Coalgate was a political scandal concerning the Indian government’s allocation of the nation’s coal deposits to public sector entities (PSEs) and private companies. The Comptroller and Auditor General of India’s (CAG) office accused the Centre of allocating coal blocks in an inefficient manner during the period 2004-2009. The CAG Final Report tabled in Parliament put the “windfall gain” to the allocatees at $35.08 billion. In other news, Congress Chairperson Sonia Gandhi’s son-in-law Robert Vadra was caught in a corner. Allegedly, a series of companies owned by Vadra were buying up acres of land in Haryana and Rajasthan. It was also reported that one of the biggest real estate companies of the country, DLF, was also involved in the land scam. One newspaper reported that Vadra’s company had increased in value nearly 600-fold in the last five years. BJP President, Nitin Gadkari also came under the scanner when his close aides—including his driver and accountant—were shown to have stakes in Purti Power and Sugar Limited, a ghost company.

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