The kings of these corruptions are the Captains of Indian industry: Tata, Ambani, Mittals etc. They all made their money by cheating people and robbing banks.
They got monopoly power from the Government; that is the source of their wealth. They borrow Billions from the banks but never repay. They do not pay any taxes.
But they cannot be arrested; only some managers and officers were arrested.
Actually the PM of India Manmohan Singh should be first arrested. If a subordinate is involved in coruption, the boss who pretends to be ignorant is first sacked!! So the PM is more culpable than anybody else!! But our PM acts as if he is very honest but is most corrupt PM we ever had. First Bristish looted us, now our own people are looting our country!!
Re: 2g
by yogesh Shah on Nov 11, 2011 02:57 AM
Anil in dock ! Headline of article says "Ambani, other executives may be examined on friday"...hope this is not usual typo by Rediff.
One cannot believe that ADAG executive had taken such big decision without knowing/asking Anil. In fact the call of distributing license would have come first to Anil and the process would start..!! I think they are missing the big fish..!!
Will India ever do like US, see to it that top level corporate guys who did break laws for individual benefits are not out of jail on bail... Then corporate owners will think many a times before putting public money at stake.