commonwealth Games 2010 Scam

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BUSINESS LAW

Transcript of commonwealth Games 2010 Scam

  • 1.BUSINESSLAW

2. OF BUSINESS LAW SUBJECT. 3. COMMON WEALTHGAMES (DELHI)$CAM 4. WHAT IS COMMONWEALTH??? 5. THE BEGINNING.. 6. BIDDING India (Delhi) & Canada (Ontario) were the principal bidders at the November 2003 assembly at Montego bay, Jamaica. Delhi won by 46 against Ontarios 22 votes. It was the 1st time India would perform on world stage . Indias motto New Frontiers & Friendship. 7. Organizing committee was formed with M.P & IOC President Suresh Kalmadi as Head. A Budget of Rs.1,620 crores (US$361.26 million) was prepared which overshoot at Rs.11500 crores finally. Total estimated cost is astounding Rs.70,000 crores. 8. PREPARATION 9. COMPLAINTS Dirty Rooms Leaky Ceilings Unfinished Construction Delayed arrival of Athletes. Inflation Dengue Fever 10. Never Ending Construction. 11. CHILD LABOUR 12. DELAY 13. BRIDGE COLLAPSES 14. WONDER HAPPENS!!! 15. WONDER BALLOON!! Rs. 40 crores was spent to lease this helium blimp. It was imported from a Singaporean Firm The balloon had Lights, Camera & Projector to it. It was also Used during the ending Ceremony. 16. JIYO UTHO BADHO 17. EVERYTHING SEEMS TO BE RIGHTAFTER OPENING CEREMONY 18. EMPTY STANDS.. 19. SWIMMING POOL 20. MEDALS TALLY 21. Extravaganza Ends !! 22. Scam Revealed 23. SECTION Criminal conspiracy Section 120(B) Cheating (Section 420) Forgery (Section 468 & 471) of Indian Penal Code and the Prevention of Corruption Act. Child Labor (section 5) of Indian penal code and Prohibition and Regulation Act. 24. Politicians Involved SURESH KALMADI SHEILA DIKSHIT MANMOHAN SINGH 25. WHAT WAS THE SCAM???? 26. HOW WASTHE SCAMREVEALED?? 27. CAGV.K SHUNGLU 28. Bureaucrats involved LALIT BHANOT DARBARI TS DARBARI SANJAY MAHINDROO BS LALLI M JAYACHANDRAN 29. Corporations Involved 30. Businessmen Involved RSP Sinha SM Talwar NK Jain Jitendra Garg 31. CBI ACTION CBI INVESTIGATION CBI REPORT ARRESTS MADE 32. SCAM WORTH 33. ParticularsOriginal Cost Inflated Cost DifferenceBadminton & Squash 118 crores 154 crores36 crorescourtDoordarshan 135 croresBroadcasting- -Games Village 633.06 crores- -Apartments300 crores321 crores21 croresContractors 16 crores- -TSRS46141 crores95 croresMTNL, HCL 31.43 crores570.12 crores 538.69 croresINFOSYSTEMS 34. PUBLIC SPEAKS!! C.A Dinesh Bangar M.B.A in Finance Hitendra Gupta M.B.A in Systems Abhilash Verma Architect & Builder Himesh Gupta 35. Commonwealth games in spite of its huge success will be known for all the wrong reasons in History.$ The cam caused the Government a Staggering 70,000crores!! The losers after the Scam were the Tax-Payers. Senior political leaders like Suresh Kalmadi broughtshame to the country. India still has to sort out many differences beforeholding another world stage event. 36. WE PLEDGE That we will try always to be on path ofTruth, Honesty & Hard work. That we will become responsible citizens andalways think for the betterment of society. That we will never fall prey to corruption and willinstead strive to eradicate it. 37. CREDITS Ankit Kumar Pandey (LEADER) (34) Ankit kanojiya (18) Bhaveen Bhanushali (04) Sudhir Chaudhary (08) Mahendra Sahani (42) Bhavesh Sharma (47) 38. Bibliography www.timesofindia.com www.ibnlive.com www.ndtv.com www.youtube.com www.commonwealthgamesdelhi.com (official site) www.hindustantimes.com www.dnaindia.com www.cagindia.com