-WeeklyBlitz.net As India is approaching towards a general election in less than a year, the leader of ruling Indian National Congress has been listed as world's fourth richest politician with a total wealth of over US$ 18 billion, which is invested in real estate, telecommunication and various business projects around the world, while significant portion of the amount is also deposited in secret bank accounts. Italian born Indian politician Sonia Gandhi...
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Make Audit of Party Funds Mandatory: SY Quraishi
-Outlook Former Chief Election Commissioner S Y Quraishi has proposed mandatory annual audit of funds and donations received by political parties. "We want all political funding should be transparent and checked. There should be annual compulsory audits by an independent auditor to be picked up from a panel suggested by the Election Commission," Quraishi told PTI. He said the report of such audit should be put in the public domain. "Everybody will be able...
More »A price has to be paid, and has to be seen to be paid, if mainstream political parties are to recover ground-Ashok Malik
-Tehelka By brazening it out against graft allegations, our netas are mocking common decencies. IT IS extremely unlikely that India Against Corruption, or the political arm it has promised, will win too many votes or even a single seat in the 2014 Lok Sabha election. It goes without saying though that at the current juncture, it is winning a perception and media battle against the political class. Each time a politician is...
More »Virbhadra’s big fat LIC policies -Rohan Dua
-The Times of India SHIMLA: Former Himachal Pradesh chief minister Virbhadra Singh's interest in buying LIC policies bear an interesting pattern over the past 10 years. These policies are at the heart of a controversy with allegations of money laundering levelled against him by the BJP. Before the 2009 Lok Sabha polls, the 78-year-old state Congress chief had only two LIC policies for himself, each with a premium barely one-hundredth of that...
More »Election Commission seeks probe into FCRA 'violation' by Congress, BJP
-The Times of India The Election Commission (EC) has asked the Union home ministry to probe the alleged violation of the Foreign Contribution Regulation Act (FCRA) by both the Congress and the BJP by receiving donations of about Rs 5 crore each from Vedanta Group subsidiaries — Sterlite Industries and Sesa Goa. Nirvachan Sadan sources told TOI that the Representation of People Act (RPA) debarred political parties from receiving contribution for a...
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