One person in four worldwide paid bribe during the past year while 54 per cent Indians said they greased the palms of authorities to get things done, says a study released on Thursday to mark International Anti-Corruption Day."Corruption has increased over the last three years, say six out of 10 people around the world, and one in four people report paying bribes in the last year," the Berlin-based non-governmental agency,...
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Perils of becoming a republic of scandals by Brahma Chellaney
Corruption, No. 1 national security threat, is eating into the vitals of the state, enfeebling internal security and crimping foreign policy. India confronts several pressing national security threats. But only one of them — political corruption — poses an existential threat to the state, which in reality has degenerated into a republic of mega-scandals. The pervasive misuse of public office for private gain is an evil, eating into the vitals...
More »The Banana Sheikhs by Neelabh Mishra
The Niira Radia tapes have firmly put the spotlight of adverse attention on politics and the media. But surprisingly, the loudest voice of protest—which is also a claim of innocence and a warning that the focus on the mud-smeared keeps attention off the real beasts in the 2G story—has come from India Inc. Ratan Tata, head of the Tata group and Radia’s foremost client, calls the leaked tapes “unauthorised” and...
More »The Girl Who Was Once Nira Sharma by Sunit Arora
* Moved to London from Kenya in the 1970s. Schooled at Haberdashers’ Aske’s. Bachelor’s at University of Warwick. * Has three siblings. Father in aviation. Three sons from failed marriage with UK businessman Janak Radia. * India entry in 1995. Sahara liaison officer. India rep of Singapore Airlines, KLM, UK Air. * Floats Crown Air as MD in 2000, with sister Karuna Menon as partner. Secures FIPB clearance to...
More »Bribe scam unearthed; top LIC, bank officials held by Vinaya Deshpande
The Economic Offences Wing of the Central Bureau of Investigation has unearthed a multimillion-rupee bribery scam and arrested top officials of public sector banks and financial institutions, including the Chief Executive Officer of the Life Insurance Corporation Housing Finance Limited. On Tuesday, the CBI conducted raids in Mumbai, Delhi, Chennai, Jaipur, Kolkata and Jalandhar and seized some documents. “Five separate cases have been registered,” Joint Director P. Kandaswamy told a press...
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