Who Will Judge the Judges

I solute the woman who have shown the courage to file complaint ( molestation charge) against a magistrate. The current judicial system is totally rotten and utterly favours the judiciary. There is so much discretion in the hands of judges and it simply give them immense unaccounted power . Hence the judges up and down the country are wayward. They (judges) routinely pass arbitrary orders and many time simply threaten litigants if any litigant demands for effective and time bound completion of their case. The current system simply gives judges too much power without any accountability, This must be curtailed and legislation must be clear to a fine grain level so that judges can not drive any power from ambiguity in legislation. On the top of that there must be strong independent system to deal with the complaints against the judges.
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Corrupt and Unfair Judiciary in India: Public knowledge and public opinion

Corrupt and Unfair Judiciary in India: Public knowledge and public opinion

India is a bananna republic, anything and everything is possible. The judiciary is one of the most important pillar of a democracy. Sadly Judiciary routinely make arbitrary decisions. It is very bad and unhealthy emerging trend that the judiciary apply different yard stick for high and mighty individuals.

http://www.thehindu.com/multimedia/archive/00913/Special_Court_verdi_913597a.pdf

Habitual offender: Senior Punjab Police official caught taking bribe

Nothing new, All successive govts. of Punjab are known for nurturing corrupt police officials to achieve their oblique political objectives. Every state institition is corrupt. Corruption Corrruption Corruption..... Indian govt is corrupt from head to toe.

Ordinary citizens are on the receiving end. Innocent life's are in the hands of the Criminals. These are people who supposed to protect public and to bring the guilty to justice. Can you imagine what kind of justice could be done if law enforcement agency is totally corrupt.

This officer was earlier arrested three years ago in connection with a sex scandal, where he is implicating innocent people to extort money. But the Govt. Of Punjab did not sanction his prosecution.

What a shame. It is really disgusting. How govt of Punjab can justify that security of people of Punjab is safe in the hands of these criminal police officers. Why the prosecution was not granted, why CBI application is kept in abeyance from last three years. Is this a democracy of dictatorship. Why central govt has turned a blind eye on all the wrong doing.

It seems like govt. Headed by Mr Manmohan Sngh nurturing corruption in each and every level.

Now this case is again in public domain. Let is see if state or central govt or at least judiciary take any proactive step to restore faith of the public in system.

Source: The Tribune


The CBI today arrested Punjab Additional Inspector General (AIG), Internal Vigilance Department, Paramdeep Singh Sandhu while taking a bribe of Rs 50,000. The official, who has a tainted past, was taking bribe to favour the complainant in an inquiry pending against him.

Punjab Police Service (PPS) official Sandhu was earlier arrested in connection with the infamous Moga sex scandal along with some senior police officials and the son of a former Akali leader three years ago. The CBI is yet to receive prosecution sanction in that case as the request for sanction is still pending with the Home Department of the state. Today, he was arrested from a coffee shop in Sector 28 and was later taken to the Bhakra Beas Management Board guesthouse in Sector 35 for further interrogation by the CBI.

CBI officials said they laid a trap after receiving a complaint from a Mohali resident Nishant Sharma, former Shiv Sena Youth Wing president, who alleged that PS Sandhu was demanding Rs 3 lakh for favouring him in an inquiry pending against him. Nishant has been booked for cheating and forgery (cases have been registered against him at different police stations of Punjab) and two inquiries are pending against him with AIG Sandhu. CBI officials also raided Sandhu’s house in Sector 28 and seized some documents. A case under various sections of the Prevention of Corruption Act has been registered against the accused. He will be produced in the court of a special CBI judge tomorrow. In 2008, Sandhu was the SP (headquarters), Moga, when he was arrested along with former SSP (Moga) DS Garcha in connection with a sex scandal. It was alleged that the accused police officials, in connivance with others, extorted money from people, threatening to implicate them in false rape cases. 

India most corrupt country in the world

China is worlds second largest economy, if we compare the %age of total GDP siphoned in the form of corruption, In India 68.67% of total GDP goes in corruption. where as China 62.92% of its GDP goes in corruption. Effectively India is 5.745% more corrupt than China.

This makes India most corrupt country in the entire world. It has surpassed other corrupt countries like China and Russia.

Illicit capital outflow from INDIA accelerated post liberalization

Illicit capital outflow from INDIA accelerated post liberalization(year 1991)

If we go by the recent report of US based organization "Global Financial Integrity". India's underground economy is closely tied to illicit financial outflows. The total present value of India's illicit assets held abroad ($462 billion) accounts for approximately 72 percent of India's underground economy. This means that almost three-quarters of the illicit assets comprising India's underground economy—which has been estimated to account for 50 percent of India's GDP (approximately $640 billion at the end of 2008)—ends up outside of the country.

The European/US banks become the safe deposit boxes for illicit funds to leave developing countries like INDIA.


Illicit capital outflow accelerated post liberalization ( Year 1991 onwards )

Deregulation and trade liberalization accelerated the outflow of illicit money from the Indian economy. Opportunities for trade mispricing grew and expansion of the global shadow financial system—particularly island tax havens—accommodated the increased outflow of India's illicit capital flight.

Economic impact on Indian society

There is a statistical correlation between larger volumes of illicit flows and deteriorating income distribution. The income gap between the rich and the poor has increased by many folds since 1991.
This deteriorating income distribution may, however, have created a new, more structural problem for macroeconomic management. The equality in income distribution may be a necessary condition to resolve macroeconomic fragility and ensure more sustained growth.

Global Financial Integrity

India lost $462bn in illegal capital flows, says report

18 November 2010 Last updated at 10:17
sources: http://www.bbc.co.uk/news/world-south-asia-11782795

India lost $462bn in illegal capital flows, says report
India's underground economy accounts for 50% of GDP, the report says Continue reading the main story
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Reforming India's maddening tax system
India has lost more than $460bn since Independence because of companies and the rich illegally funnelling their wealth overseas, a new report says.

The illegal flight of capital through tax evasion, crime and corruption had widened inequality in India, it said.

According to the report from US-based group Global Financial Integrity, the illicit outflows of money increased after economic reforms began in 1991.

Many also accuse governments and politicians of corruption in India.

Shadow economy

Global Financial Integrity, which is based in Washington, studies and campaigns against the cross-border flow of illegal money around the world.

It said that the "poor state of governance" had been reflected in a growing underground economy in India since Independence in 1947.

Global Financial Integrity director Raymond Baker said the report "puts into stark terms the financial cost of tax evasion, corruption, and other illicit financial practices in India".

Some the main findings of the report are:

India lost a total of $462bn in illegal capital flows between 1948, a year after Independence, and 2008.
The flows are more than twice India's external debt of $230bn.
Total capital flight out of India represents some 16.6% of its GDP.
Some 68% of India's capital loss has happened since the economy opened up in 1991.
"High net-worth individuals" and private companies were found to be primary drivers of illegal capital flows.
The share of money Indian companies moved from developed country banks to "offshore financial centres" (OFCs) increased from 36.4% in 1995 to 54.2% in 2009.
The report's author, Dev Kar, a former International Monetary Fund economist, said that almost three quarters of the illegal money that comprises India's underground economy ends up outside the country.

India's underground economy has been estimated to account for 50% of the country's GDP - $640bn at the end of 2008.

'Under-estimate'

Mr Kar used a World Bank model to calculate India's missing billions.

He compared India's recorded sources of funds, such as foreign direct investment and borrowing, and its recorded use of funds, like foreign currency reserves and deficit financing.

Illegal outflows are considered to exist when funds recorded exceed those used. India's exports and imports over the past six decades were also taken into account.

Adjusted for inflation, that all added up to $213bn missing since 1948. Taking estimated investment returns into account, Mr Kar calculated that was worth $462bn in today's money.

The figure could be much more, he warned, as it did not include smuggling and cash transfers outside the financial system.

Indian Govt. and Judiciary killing RTI Act 2005 a slow death !