Every day’s news is filled with frauds, scams and financial misadventures of individuals, corporations, institutions, police and political parties that bleed the country and its citizens.
Each of these frauds are worth millions of dollars equivalent that a developing country with abysmal poverty, lack of drinking water and residential toilets, poor infrastructure and a million other pressing needs can ill afford. The link below shows a deputy collector having illegally amassed 50 million dollars equivalent. This is shocking for two reasons: 1) his position on the totem pole of babudom is fairly low and 2) money of this magnitude (and many times this amount) can be easily laundered in India. Corruption has reached a peak and if allowed to continue can only cause a major collapse in the economy. Attached property of ex-babu verified as his by home department - http://toi.in/V8Ao8Z/a20fi Roland Francis Toronto.
