The CBI's record in the Jain hawala case was disappointing. But there are powerful elements in favour of unravelling the truth in the 2G scam. On December 16, 2010, the Supreme Court (Justices G.S. Singhvi and Asok Kumar Ganguly, ) ordered a comprehensive and thorough investigation by the Central Bureau of Investigation and the Enforcement Directorate into what has become notorious as “the 2G scam.” The investigation, into spectrum allocation from...

Yet another son-in-law of former Chief Justice of India K.G. Balakrishnan has been accused of amassing Wealth disproportionate to his declared income in Kerala’s commercial hub of Kochi. Land registration documents show that advocate M.J. Benny, husband of Balakrishnan’s younger daughter K.B. Rani, bought nearly one acre of land under five different title deeds in fast-growing Marad, near the site of a proposed hi-tech city, for a total Rs 81 lakh...

Over the past decade, as crops have failed year after year, 200,000 farmers have killed themselves Naryamaswamy Naik went to the cupboard and took out a tin of pesticide. Then he stood before his wife and children and drank it. "I don't know how much he had borrowed. I asked him, but he wouldn't say," Sugali Nagamma said, her tiny grandson playing at her feet. "I'd tell him: don't worry, we...

Bihar Chief Minister Nitish Kumar lags far behind his ministerial colleagues in his Wealth, details of which were made public on Monday. Details of the assets of 30 Bihar ministers, including Kumar's were uploaded in the government websites as a step towards ending corruption and promised by the chief minister. Kumar's moveable assets include Rs 31,760 in cash, Rs 57,770 in bank account, a Santro car of 2003 model, an old TV...

Citibank manager Shivraj Puri’s alleged fraud on Wealthy clients has swivelled the spotlight on the growing number of high net-worth individuals whose money banks rush to manage for a fee. The Wealth of high net-worth individuals (HNIs) — defined as those who have “investable assets of at least $1 million (around Rs 4.5 crore) — in India is estimated at a staggering $477 billion and is rising each day. According to the...