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Haridas Mundhra (Hindi: हरिदास मूंदड़ा; died January 6, 2018) was a Calcutta-based stock speculator who was found guilty and imprisoned in the first big financial scandal of newly independent India in the 1950s. The Mundhra scandal exposed the nexus between the bureaucracy, stock market speculators and small rogue ...
In politics, a political scandal is an action or event regarded as morally or legally wrong and causing general public outrage. Politicians , government officials, party officials and lobbyists can be accused of various illegal, corrupt , unethical or sexual practices. [ 1 ]
The Bofors scandal was a major issue that was highlighted in subsequent elections, which led to the Congress losing power. Though it was widely believed that V. P. Singh resigned from Rajiv Gandhi's cabinet due to the Bofors scandal, Singh clarified that he had resigned due to differences in the cabinet in commissions taken by Indian agents in the HDW submarine deal (Shishumar class).
Adani Group scandal: In January 2023, Hindenburg Research revealed that it had short positions in India's Adani Group, alleged to be a close ally of Narendra Modi's administration, [97] and flagged debt and accounting concerns. Concurrently, Hindenburg released a report claiming that Indian conglomerate Adani Group "has engaged in a brazen ...
The political act of "graft" (American English), is a well known and now global form of political corruption, being the unscrupulous and illegal use of a politician's authority for personal gain, when funds intended for public projects are intentionally misdirected in order to maximize the benefits to illegally private interests of the ...
The first JPC was formed in August 1987 to investigate the Bofors scandal. It was chaired by Congress politician B. Shankaranand. It was formed on a motion moved by the then defence minister K.C. Pant in the Lok Sabha on August 6, 1987. The Rajya Sabha endorsed it a week later. The committee, held 50 sittings and gave its report on April 26, 1988.
Political scandals in India (6 C, 19 P) V. Political violence in India (8 C, 3 P) ... List of Bigg Boss (Hindi TV series) controversies; 1993 Bombay bombings; C.
Karl Rove, Senior Adviser to President George W. Bush, was investigated by the Office of Special Counsel for "improper political influence over government decision-making", as well as for his involvement in several other scandals such as Lawyergate, Bush White House email controversy and Plame affair. He resigned in April 2007.