The Forgotten Legacy >> >> >>>>Over 50 years ago, an elegant Parsi in the Lok Sabha spoke , better to say >>>>roared. He was exposing the first scam though he belonged to the ruling >>>>party. His father in law, Nehru was hearing his thundering words. Nothing >>>>prevented Feroze Gandhi from exposing corruption. The most extraordinary >>>>aspect of Feroze Gandhi�s work was the forensic precision with which he >>>>collected facts and the manner in which he marshaled his arguments. >>>> >>>>He exposed the scam on the Life Insurance Corporation by Haridas Mundhra. >>>> >>>>Feroze exposed how Mundhra manipulated the LIC to purchase shares in his >>>>little known companies. Bowing to pressure, the Government appointed a >>>>commission of inquiry headed by Chief Justice MC Chagla who upheld Feroze >>>>'s contentions and said that the Finance Minister should take >>>>responsibility . TTK resigned, Finance Secretary was sacked and Mundhra >>>>jailed.. >>>> >>>>Feroze exposed corruption by Dalmia- Jain in the take over of Bennett and >>>>Colman by siphoning the funds of public money in Gwalior Bank and Bharat >>>>Insurance. They were the directors of these banking and insurance >>>>companies and transferred the money intotheir own company, which led to >>>>the immediate collapse of these public institutions. >>>> >>>> >>>>Feroze exposed Birlas, Goenka (not the one running a newspaper). >>>> >>>>Such was his impact that within two months the insurance industry was >>>>nationalised. >>>> >>>>When some alleged that Feroze was doing all th isfor Tata 's, as both >>>> are Parsis, next came one against Tata. Feroze exposed Telco for >>>>charging more than double for an engine to the railways, which led to >>>>the exit of Tata and formation of locomotive workshops in the public >>>>sector. >>>> >>>> >>>> >>>>Mahatma Gandhi is said to have told Feroze�s mother Rattimai in Allahabad >>>>in 1931: >>>>�If I get seven persons like him, India would be free in seven days�. >>>> >>>>Feroze the greatest campaigner against corruption passed away in 1960 at >>>>the age of 48. Seeing the huge crowd assembled for his cremation, Nehru >>>>said : "I did not know that Feroze was so popular " >>>> >>>> >>>> >>>> >>>> >>>> >>>>The Forgotten Legacy .... >>>> >>>> >>>>Son-in-law of one Prime Minister, husband of another and father of a >>>>third,its unfortunate that his daughter-in-law and grandson have forgotten >>>>his great legacy. >>>>Her Government splurged Rs 7.25 crore on the birth anniversaries of Indira >>>>and Rajiv, but nothing on Feroze 's birth centenary. >>>> >>>>Can you believe this? >>>> >>>> >>>> >>>> >>>> >>>> >>> >>> >>> >> >> >> >> >> >> >> >> >> >> > >