India wins again, BIG TIME!

50% of Chief Justice are corrupt, reports former law minister

NEW DELHI: Former Law minister Shanti Bhushan has submitted a list of 16 former Chief Justices of India saying that 8 of them were definitely corrupt. Bhushan has also dared the apex court to send him to jail for contempt of court. 

Bhusan, who was Law minister in the Morarji Desai government, claimed six of the CJIs were honest and he could not comment on the remaining two judges. He submitted the name of eight “corrupt judges” to the Supreme Court. 

Bhushan had written an article in ‘Tehelka’ magazine about the corrupt judges in Supreme Court after which the apex court started a contempt proceeding against him.

timesofindia.indiatimes.com/india/8-of-16-former-Chief-Justice-of-India-corrupt-Former-Law-minister/articleshow/6565382.cms

 Rampant corruption siphoning out over $125 billion in illicit capital flight between 2000 and 2008

Washington, September 14

Even as India’s economic growth continues, the poor continue to stay poor with rampant corruption siphoning out over $125 billion in illicit capital flight between 2000 and 2008, according to a Washington think tank.

Noting that “much of the funds flowing out are generated at home within India and then sent illegally abroad,” an upcoming report from Global Financial Integrity (GFI) says, “So the growth of corruption and India’s underground economy contributes significantly to illicit financial flows from the country.”

“Corruption is rampant in India as it is in almost all developing countries. Both corrupt political and corporate officers manage to siphon off funds – intended to aid the people of India – off to political and private sector elite,” noted the research arm of the Centre for International Policy (CIP).

“Recent efforts in India to challenge this corrupt affront on humanity have been met with severe violence,” Junior GFI Economist Karly Curcio said in a blog post on the report on illicit financial flows (IFF) from India and explaining linkages between IFFs, poverty, corruption, and crime.

www.tribuneindia.com/2010/20100915