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.
Tuesday, 12 July 2011
Sunday, 6 March 2011
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.
This makes India most corrupt country in the entire world. It has surpassed other corrupt countries like China and Russia.
Friday, 25 February 2011
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
Thursday, 18 November 2010
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
Related stories
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.
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
Related stories
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.
Wednesday, 2 December 2009
Friday, 27 November 2009
Is Chief Justice of Indian Supreme Court holding public office with oblique motives?
The Chief Justice of Indian supreme court is in news from last couple of moths for many bad reasons. He has emerged as biggest supporter of corruption, red tapism and bureaucracy. First he agued that his office is a constitutional body and does not come under perview of RTI Act 2005, Then he made an other attempt to block disclosure of judges assests under RTI.
Now He rattled by a spate of Central Information Commission (CIC) orders asking the judiciary to divulge details on sensitive issues like appointment of judges. Chief Justice of India K G Balakrishnan has written to Prime Minister Manmohan Singh seeking his help in exempting matters relating to administration of justice from the purview of RTI Act. [ Read Article ]
In his letter, he argued that "In USA, information about selection of judges could only be given to the public after 15 years of the event and in Australia, it was completely exempted from the purview of the right to information of public."
How on earth he can compare judicial and govt. machinary of US, Australia, UK etc with India. Entire world knows that Indian judiciary and govt. administration is immersed in curruption from HEAD to TOE.
An effective judicial system is best judge of function civil democracy. In any democratic country a judicial system must be transparent and work within the remit of defined laws.
Mr CJI does the Indian Judicial System is functioning ? Go and read your own words published in The Hindu news paper [ Judicial system in many States not proper: CJI ]
Mr CJI does the Indian Judicial System is honest and transparent ?
Go and read [India: Independence of and corruption within the judicial system (2007 - April 2009)]how other countries perceive indian judiciary that you are heading in this country.
According to the World Bank, "[a]lthough India's courts are notoriously inefficient, they at least comprise a functioning independent judiciary" (World Bank n.d.). The World Bank also indicates that in many states corruption investigations have "increased significantly" (n.d.). However, TI states that despite constitutional provisions for the independence and accountability of the judiciary in India, "corruption is increasingly apparent" (2007, 215).
Citing a United Nations Development Programme (UNDP) report, Global Integrity indicates that, in India, "initiatives like Right to Information (RTI) and e-governance, [as well as] computerization of judicial records for clearing [the] massive backlog of legal cases in courts ... have been instrumental in curbing corruption in the country" (2008).
Mr CJI, what has been achieved by the independence of judiciary over last 50 years ?
Increasingly apparent Corruption in judiciary
Hindi film dialogs, instead of justice
Backlog of 2.7 crore (27 million) cases pending with the trial courts, pendency of 40 lakh (4 million) cases in high courts and pendency of 53,000 cases in supreme court. [Data disclosed by Govt. of India]
If this is what you have given for the independence over last 50 years, then you and your fellow army of judges do not deserve any more independence. This kind of Judiciary has become a burdon and nuisance for indian public.
India need far more tougher RTI Act than any other country in this world. It looks like Mr K G Balakrishnan (CJI) is holding the public office with oblique motives. Indian public need to come forward and guard RTI against any attempt to dilute it. The Prime Minister of India must sack CJI with immidiate effect and he must prove himself to the world that he is serious about corruption in the country and he is willing to take action to root out evil of corruption.
Now He rattled by a spate of Central Information Commission (CIC) orders asking the judiciary to divulge details on sensitive issues like appointment of judges. Chief Justice of India K G Balakrishnan has written to Prime Minister Manmohan Singh seeking his help in exempting matters relating to administration of justice from the purview of RTI Act. [ Read Article ]
In his letter, he argued that "In USA, information about selection of judges could only be given to the public after 15 years of the event and in Australia, it was completely exempted from the purview of the right to information of public."
How on earth he can compare judicial and govt. machinary of US, Australia, UK etc with India. Entire world knows that Indian judiciary and govt. administration is immersed in curruption from HEAD to TOE.
An effective judicial system is best judge of function civil democracy. In any democratic country a judicial system must be transparent and work within the remit of defined laws.
Mr CJI does the Indian Judicial System is functioning ? Go and read your own words published in The Hindu news paper [ Judicial system in many States not proper: CJI ]
Mr CJI does the Indian Judicial System is honest and transparent ?
Go and read [India: Independence of and corruption within the judicial system (2007 - April 2009)]how other countries perceive indian judiciary that you are heading in this country.
According to the World Bank, "[a]lthough India's courts are notoriously inefficient, they at least comprise a functioning independent judiciary" (World Bank n.d.). The World Bank also indicates that in many states corruption investigations have "increased significantly" (n.d.). However, TI states that despite constitutional provisions for the independence and accountability of the judiciary in India, "corruption is increasingly apparent" (2007, 215).
Citing a United Nations Development Programme (UNDP) report, Global Integrity indicates that, in India, "initiatives like Right to Information (RTI) and e-governance, [as well as] computerization of judicial records for clearing [the] massive backlog of legal cases in courts ... have been instrumental in curbing corruption in the country" (2008).
Mr CJI, what has been achieved by the independence of judiciary over last 50 years ?
If this is what you have given for the independence over last 50 years, then you and your fellow army of judges do not deserve any more independence. This kind of Judiciary has become a burdon and nuisance for indian public.
India need far more tougher RTI Act than any other country in this world. It looks like Mr K G Balakrishnan (CJI) is holding the public office with oblique motives. Indian public need to come forward and guard RTI against any attempt to dilute it. The Prime Minister of India must sack CJI with immidiate effect and he must prove himself to the world that he is serious about corruption in the country and he is willing to take action to root out evil of corruption.
Tuesday, 24 November 2009
Supreme Court of India is *allergic* to transparency in the country
New Delhi: The suprme court today argued before the Central Information Commission (CIC) that Right to Information (RTI) cannot apply unless the sought information is"lawfully" held by an authority in a manner a title of property is held, which wasrejected by CIC.
Presenting the apex court's arguments before the Commission, advocate Devadatt Kamat said the word "held" as mentioned section 2 (j) of the RTI Act does not does not mean possession of it unless there is a sanction of law behind holding of information. Hence, there cannot be any Right to Information, he maintained.
Chief information commissioner Wajahat Habibullah said the argument was not correct and would "strike out the root of the RTI Act" as in that case no information could be asked under the transparency law.
Habibullah said the word "held" mentioned in the section means ordinarily held adding it does not say lawfully held or held like property title as mentioned by apex court.
The CIC was hearing the plea of information rights activist SC Agrawal whose application seeking complete correspondence with the CJI in the case of justice R Reghupati of Madras high court being allegedly approached by a Union minister to influence his decisions was rejected by the supreme court registry.
Section 2 (j) says "right to information" means the right to information accessible under this Act which is held by or under the control of any public authority
Presenting the apex court's arguments before the Commission, advocate Devadatt Kamat said the word "held" as mentioned section 2 (j) of the RTI Act does not does not mean possession of it unless there is a sanction of law behind holding of information. Hence, there cannot be any Right to Information, he maintained.
Chief information commissioner Wajahat Habibullah said the argument was not correct and would "strike out the root of the RTI Act" as in that case no information could be asked under the transparency law.
Habibullah said the word "held" mentioned in the section means ordinarily held adding it does not say lawfully held or held like property title as mentioned by apex court.
The CIC was hearing the plea of information rights activist SC Agrawal whose application seeking complete correspondence with the CJI in the case of justice R Reghupati of Madras high court being allegedly approached by a Union minister to influence his decisions was rejected by the supreme court registry.
Section 2 (j) says "right to information" means the right to information accessible under this Act which is held by or under the control of any public authority
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