Friday, April 29, 2011

CWG KALMADI


Member of the Indian Parliament
for Pune
Incumbent
Assumed office
2004
Preceded byPradeep Rawat
Majority25,747[1]

BornMay 1, 1944 (age 66)
Pune, India
NationalityIndian
Political partyIndian National Congress
Alma materFergusson College, Pune
Websitewww.sureshkalmadi.orgSuresh Kalmadi (born May 1, 1944) is an Indian politician and senior sports administrator. He was formerly a member of the Indian National Congress.

On April 25, 2011 Kalmadi was arrested by CBI for awarding illegal contracts to a Swiss firm for Timing-Scoring-Result (TSR) system for the Games causing a loss of Rs 95 crore to the exchequer.Kalmadi was suspended being a member of the Indian National Congress Party on consequence to his arrest and corruption in CWG. On April 26, 2011 he was sacked from the post of president of the Indian Olympic Association.

HASAN ALI BLACK MILLIONAIRE


Hasan Ali Khan (or Syed Mohammed Hassan Ali Khan, son of late Gayasuddin Ali Khan) is a 53-year-old alleged money-launderer based in India and allegedly worth USD 9 billion or more, according to law-authorities. This figure has been verified from a letter written byUBS (Zurich) to Khan. The Government of India has also confirmed the existence of this account in UBS, and ordered him to pay Indian Rupee ₹50,000 crore (US$11.1 billion) in taxes on that wealth. However, according to Khan, he is a scrap dealer with an annual income of Indian Rupee ₹30 lakh (US$66,600). Some sources claim that he might be the fourth richest person in India and amongst the world's dollar billionaires.However, he is not officially recognized as a billionaire by any publication because most of his money is in the form of unaccounted wealth orblack money. This can be considered true because India tops the list for black money in the entire world with almost US$1456 billion in Swiss banks (USD 1.4 trillion approximately) in the form of black money. According to the data provided by the Swiss Banking Association Report (2006), India has more black money than the rest of the world combined. Indian Swiss bank account assets are worth 13 times the country’s national debt. In Swiss bank accounts, the account holder need not even give his or her name. Perhaps that explains why Hasan Ali Khan's name does not figure in any UBS accounts. Also, the account holder's name need not even appear in any of the official documents of the account.

SPECTRUM RAJA


In office
2007–2010
Prime MinisterManmohan Singh
Preceded byDayanidhi Maran
Succeeded byKapil Sibal
ConstituencyNilgiris

Born10 May 1963 (age 47)
Perambalur, Tamil Nadu,India
Political partyDMK
Spouse(s)M.A. Parameswari
ChildrenMayuri Raja
ResidencePerambalur
ProfessionLawyer
Politician
ReligionHindu

The 2G spectrum financial scandal in the Telecommunications and IT Ministry under A. Raja is noteworthy as the largest political corruptioncase in modern Indian history, amounting to a record $40 billion loss from underpricing to the Government of India.The allegedmodus operandi was telecom bandwidth being grossly undervalued and offered to a chosen few with vested interests, on a dubious 'First-Come-First-Served' basis. It is alleged that it should have been put under a transparent auction system, purportedly advised by higher office .

The bandwidth-spectrum allocation of 2G bandwidth had later come under criticism for gross irregularities. An FIR filed by the CBI claims that the allocation was not done as per market prices, resulting in a scam worth Indian Rupee ₹200 crore (US$44.4 million). On February 2, 2011, the CBI arrested former Telecommunications Union Minister A. Raja. The CBI also arrested R.K. Chandolia, Raja's personal aide, and Siddharth Behura, the former Telecom Secretary. Both A. Raja and R.K. Chandolia are heard in conversation with Niira Radia in the released Radia tapes.