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West Bengal School Service Commission recruitment scam: On 23 July 2022, Education Minister of West Bengal and Secretary General of All India Trinamool Congress (ruling party of West Bengal State) Partha Chatterjee was arrested from his residence by the Enforcement Directorate in connection with the alleged State School Service Commission (SSC ...
The Valmiki Corporation scam was a major Indian financial fraud scam involving the Karnataka Maharshi Valmiki Scheduled Tribes Development Corporation (KMVSTDC) that occurred in 2024. [ 1 ] The scam was discovered after the suicide of 52-year-old corporation superintendent Chandrasekaran P. who left behind a suicide note detailing corruption ...
The Saradha Group financial scandal was a major political scandal caused by the collapse of a Ponzi scheme run by Saradha Group, a consortium of over 200 private companies that was believed to be running collective investment schemes popularly but incorrectly referred to as chit funds [1] [2] [3] in Eastern India.
The NSE co-location scam relates to the market manipulation at the National Stock Exchange of India, India's leading stock exchange.Allegedly select players obtained market price information ahead of the rest of the market, enabling them to front run the rest of the market, [1] [2] possibly breaching the NSE's purpose of demutualisation exchange governance and its robust transparency-based ...
A corporate scandal involves alleged or actual unethical behavior by people acting within or on behalf of a corporation. Many recent corporate collapses and scandals have involved some type of false or inappropriate accounting (see list at accounting scandals).
The investigation and prosecution in the Fodder Scam has said to be guided by the political consideration and motive. For making a strong against case against the politicians and the bureaucrats, CBI launched the prosecution against majority of the officials including lower level staffs, which did not have any nexus with the scam.
The Punjab National Bank Fraud Case relates to fraudulent letter of undertaking worth ₹12,000 crore (US$1.4 billion) issued by the Punjab National Bank at its Brady House branch in Fort, Mumbai; making Punjab National Bank liable for the amount. [1] The fraud was allegedly organized by jeweller and designer Nirav Modi.
The unravelling of this case started in 2010 and it was in process in the Supreme Court of India as of 2016. [10] [11] [12] [13]November 2010 - Securities and Exchange Board of India barred Sahara India Pariwar chief Subrata Roy and two of its companies – Sahara India Real Estate Corp (SIREC) and Sahara Housing Investment Corp (SHIC) - from raising money from the public as they had raised ...