20 Political Scams That Shamed India - 2 views
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Fajar Hakim on 04 Sep 13The probe revealed that during Bansal's term as finance minister in 2007, borrowings of Theon, a company owned by his wife and sons, from Canara Bank had gone up to Rs23 crore from Rs7 crore. As Congress higher-ups started feeling the heat of the scam, party president Sonia Gandhi said that "the party would not "spare anybody mired in corruption". Following Gandhi's statement, Bansal was forced to step down on May 10, 2013. His nephew Singla and Mahesh Kumar were arrested after the investigating agency traced them with the help of telephonic conversations between the two. 2011 Tatra truck scam: RELATED SITES: http://crowncapitalmngt.com/ http://blog.crowncapitalmngt.com/category/press-releases/