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Bofors ex-accused 'given bribes' in India arms deal

India's income tax department has ruled that illegal commissions were paid to an Italian businessman accused over an arms scandal which ended Rajiv Gandhi's term as prime minister 20 years ago. It found over $9m was paid as commissions to Ottavio Quattrocchi and an Indian arms dealer, Win Chadha. In 2009, India dropped a Graft case against Mr Quattrocchi and withdrew his name from the Interpol "wanted list". The main opposition BJP has...

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Centre mulls ordinance to book corrupt netas

After Congress chief Sonia Gandhi mooted a five-point plan at the recent AICC plenary session to put in place a system to confront corruption, the Centre is considering an ordinance to tighten the anti-corruption regime against politicians. The Congress core group on Friday discussed the possibility of the new law which would tighten the rules to punish corrupt politicians and counter the popular belief that the system was created to benefit...

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Food retail: Next large opportunity for country wide biz

Organized retail of packed food and raw food reduces prices of food for urban citizens and pays farmers a better price for the agricultural produce. It eliminates middle men and decision making at every other level. This is not rocket science. However, politicians refuse to do away with the WWII public distribution system in order to retain power at the district level. Well, for one thing, the format of the...

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Graft fight put on fast track by Sanjay K Jha

The government will shortly set up an anti-corruption mechanism in the backdrop of scandals in which the Opposition has targeted Prime Minister Manmohan Singh. As legislative measures will be required to introduce certain provisions, it can even pilot an ordinance. Sources said the Prime Minister was giving “serious thought” to this mechanism with a blueprint having already been prepared, incorporating the suggestions given by Congress president Sonia Gandhi at the party...

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India Leader Offers to Testify in Scandal Inquiry by Jim Yardley

Prime Minister Manmohan Singh offered Monday to appear before a committee investigating a telecommunications scandal that has rocked India’s political establishment. He rejected claims by opposition parties that he had been trying to avoid any questioning. “I wish to state categorically that I have nothing to hide from the public at large,” Mr. Singh said on the final day of a plenary session of the Indian National Congress Party. “As proof...

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