Friday, April 8, 2011

Most Corruption In India


An Indian political scandal commonly refers to some action by a politician deemed unacceptable in law or by custom, or which is held to be morally unacceptable to the politician's peers or the electorate. In almost all Indian political scandals, the politicians are not prosecuted.

2G Spectrum Scam By Raja as Telecom Minister :

Corruption In India 2g spectrum scam raja telecom minister
The 2G spectrum scam involved officials and ministers in the Government of India illegally undercharging mobile telephony companies for frequency allocation licenses, which they would use to create 2G subscriptions for cell phones. According to a report submitted by the Comptroller and Auditor General based on money collected from 3G licenses, the loss to the exchequer was Rs 176,379 crore (US $ 39.16 billion). The issuing of the 2G licenses occurred in 2008, but the scam came to public notice when the Indian Income Tax Department investigated political lobbyist Niira Radia and the Supreme Court of India took Subramaniam Swamy's complaints on record 

Former Telecom Minister of the NDA government Arun Shourie was the whistleblower who helped uncover the scam and also exposed many loopholes in the UPA government's policy towards issuing telecom licences.

In 2008, the Income Tax department, after orders from the ministry of Home and the PMO, began tapping the phones of Nira Radia. This was done to help with an ongoing investigation into a case where it was alleged that Niira Radia had acted as a spy.


Some of the many conversations recorded over 300 days were leaked to the media. The intense controversy around the leaked tapes became known in the media as the Radia tapes controversy. The tapes featured some conversations between politicians, journalists and corporatation. Politicians like Karunanidhi, journalists like Barkha Dutt and Vir Sanghvi and industrial groups like the Tata Group were either participants or mentioned in these tapes.

More Detail2G spectrum scam


Adarsh scam By Ashok Chavan :

In 2010, the Indian media brought to public the violations of rules at various phases of construction in the Adarsh Society. Questions were raised on the manner in which apartments in the building were allocated to bureaucrats, politicians and army personnel who had nothing to do with Kargil War and the way in which clearances were obtained for the construction of the building of the Adarsh Society. The Adarsh society high-rise was constructed in the posh Colaba locality of Mumbai, which is considered a sensitive coastal area by the Indian Defence forces and houses various Indian Defense establishments. The society is also alleged to have violated the Indian environment ministry rules. Many activists like Medha Patkar had been trying to uncover this scam since a long time. The exposure of the infamous nexus between politicians, bureaucrats and builders in this scam is said to be only the tip of the iceberg. It had led to resignation of the then Chief Minister, Ashok Chavan.

Several inquiries have been ordered by the army and the Government to probe into the irregularities. Some of the current occupants of the flats in the Adarsh co-operative society building have offered to vacate their flats at the earliest, denying allegations that they were alloted flats because they influenced or helped, in some manner, the construction of the society by violating the rules. The media also exposed that the lower house of the Indian Parliament was misled by one of the bureaucrats, Pradeep Vyas, involved.

The environment minister Jairam Ramesh formally set the ball rolling for the demolition of the entire 31-story scam-tainted Adarsh building in Coloba's eco-sensitive zone on Friday November 12, 2010. The environment minister is said to have sent a show cause notice to the Adarsh housing society. The environment minister is said to have stated that "all options under the law are open except regularization of the structure". As per the Ministry of Environment and Forests' order dated 16 Jan 2011, 'the unauthorised structure should be removed in its entirety and the area restored to its original condition'.

List Of Flat owners : Click Here


2010 Commonwealth Games Controversy By suresh kalmadi :

A number of concerns and controversies surfaced before the 2010 Commonwealth Games in New Delhi, India, which received widespread media coverage both in India (the host nation) and internationally.


The Commonwealth Games was severely criticised by several prominent Indian politicians and social activists because billions of dollars have been spent on the sporting event despite the fact that India has one of the world's largest concentration of poor people. Additionally, several other problems related to the 2010 Commonwealth Games have been highlighted by Indian investigative agencies and media outlets; these include — serious corruption by officials of the Games' Organising Committee, delays in the construction of main Games' venues, infrastructural compromise, possibility of a terrorist attack, and exceptionally poor ticket sales before the event.

The day after the conclusion of the Games, the Indian Government announced the formation of a special committee to probe the allegations of corruption and mismanagement against the Organizing Committee. The probe committee will be led by former Comptroller and Auditor General of India VK Shungloo. This probe will be in addition to the Central Bureau of Investigation, Enforcement Directorate, and Central Vigilance Commission investigations already underway. The Prime Minister of India, Dr. Manmohan Singh, had promised in mid-August, when reports of the bungling first surfaced, that corrupt officials will be given "severe and exemplary" punishment after the Games. The committee has been given three months time to submit its report.

More Detail : 2010 Commonwealth Games Controversy




Indian stock market manipulation scam By Ketan Parekh : 

Ketan Parekh is a former stock broker from Mumbai, India, who was convicted in 2008, for involvement in the Indian stock market manipulation scam in late 1999-2001. Currently he has been debarred from trading in the Indian stock exchanges till 2017.

On 9th Dec 2010, NDTV India (a news channel of india) claims that Ketan Parekh has relation with Ravi inder (arrested by Delhi police in November 2010).  According to the news channel he still has a vital role in indian share market.
A chartered accountant by training, Parekh came from a family of brokers, which helped him create a trading ring of his own. Between 1999 and 2000, as the technology bubble was engulfing the rest of the world, the stock market in India sprang to life too.

Be it investment firms, mostly controlled by promoters of listed companies, overseas corporate bodies or cooperative banks, all were ready to hand the money to Parekh, which he used to rig up stock prices by making his interest apparent. In no time, scrips like Visualsoft rose from Rs 625 to Rs 8,448 per share and Sonata Software from Rs 90 to Rs 2,150. But the vicious cycle of fraud did not end with price rigging. The inflated stocks had to be dumped onto someone in the end, for which Parekh used financial institutions like the UTI. But the party ended rather abruptly a day after the Union Budget was presented in February 2001. A bear cartel started disrupting Parekh's party by hammering prices of the K-10 stocks, precipitating a payment crisis in Kolkata.

As SEBI investigated, it was evident that bank and promoter funds were used to rig the markets. Parekh was arrested in March that year and was in custody for 53 days. In the aftermath of the scam, many gaping loopholes in the market were plugged. The trading cycle was now reduced from one week to one day. Badla was banned and operators could not carry forward trade in its primitive form. Forward trading was formally introduced in the form of exchange-traded derivatives to ensure a well-regulated futures market. Broker control over stock exchanges was demolished. It's perhaps thanks to the Pentafour Bull that India's stock markets are today considered safe. And to his credit, Parekh forced lethargic policy-makers to institute reforms in the financial system. He is, however, now suspected to be operating in the markets through conduits. Parekh will remain a work-in-progress for regulators.

More Detail: Ketan Parekh Scam


Barak Missile scandal By Samata Party :

The Barak Missile Scandal is a case of defence corruption relating to the purchase of Barak Missile Systems by India from Israel. The case is currently under investigation by the Central Bureau of Investigation, and several people including the Samata Party ex-treasurer R.K. Jain have been arrested. Others named in the First Information Report include politicians George Fernandes and Jaya Jaitley, and arms dealer and ex-naval officer Suresh Nanda, who is the son of retired chief of naval staff S.M. Nanda.

The Barak missile system (jointly developed by Israel Aircraft Industries (IAI) and RAFAEL Armament Development Authority of Israel) employs vertically launched missiles to counter anti-ship sea-skimming missiles and attacks by aircraft. On October 23, 2000, contracts had been signed by the Indian government to procure seven Barak systems at a total cost $199.50 million and 200 missiles at a cost of $69.13 million. This was done despite objections raised by several groups, including members of the team that had originally visited Israel to observe the missile performance, and APJ Abdul Kalam, then heading the Defence Research Development Organization. Though some of the objections are of a procedural nature, the Navy Chief of Staff Sushil Kumar is currently under investigation as to why these objections were not considered.


Stamp Paper Scandal By Abdul Kareem Telgi :


Abdul Kareem Telgi began printing fake stamp paper. He appointed 300 people as agents who sold the fakes to bulk purchasers, including banks, FIs, insurance companies, and share-broking firms. His monthly profits have been estimated as being in the neighbourhood of Rs 202 crore (slightly more than US $40 million).

The size of the scam was estimated to be more than Rs 43,000 crore (US$ 9.55 billion).

The Telgi case brought corruption in the Karnataka police force to light, causing a national scandal in India. A videotape emerged in September 2006 of Abdul Karim Telgi taking a Narco Analysis test. Under the influence of the supposed truth serum, Telgi is said to have blurted out the names of Nationalist Congress Party leaders Sharad Pawar and Chaggan Bhujbal. Pawar has never been publicly linked to the case, but was forced to go public with a denial.

On 17 January 2006, Telgi and several associates were sentenced to ten years' rigorous imprisonment.

On June 28, 2007 Telgi was sentenced to rigorous imprisonment  for 13 years and fined a whopping Rs 202 crore on various counts in one of the main cases of the scandal. Hours after Telgi pleaded guilty and repented his actions, Judge Chitra Bedi of a special court pronounced the quantum of punishment under various sections of the IPC and the Maharashtra Control of Organised Crimes Act. This is the harshest punishment given to Telgi in any of the fake stamp paper cases he has been convicted for so far in Maharashtra and Karnataka. Honorable Judge Chitra Bedi observed that she had taken a "lenient view" since Telgi, who is in judicial custody in Pune, had pleaded guilty and also because of his health. Telgi is HIV positive.
Honorable Judge Chitra Bedi sentenced 42 other accused in the case, who too had pleaded guilty, to rigorous impriosnment for up to six years and imposed fines on them. CBI counsel Raja Thakare moved an application in the court seeking the confiscation of Telgi's property to recover the fine slapped on him. Telgi, who broke down earlier in the day while pleading guilty, thanked the judge for "giving him justice."

More Detail: Stamp Paper Scandal


Money laundering and mining scam By Madhu Koda :


On 10th Oct 2009, he was charged with laundering money worth over Rs. 4000 crores. In nationwide raids by the Enforcement Directorate, assets allegedly worth Rs. 4000 crore — almost a fifth of the annual budget of the state he once ruled — were unearthed. Among others, these assets were reported to include hotels and three companies in Mumbai, property in Kolkata, a hotel in Thailand, and a coal mine in Liberia. This alleged scam is said to be the second-largest scam uncovered in India in 2009 and gets his name included in the list of controversial Indian businessman like Hasan Ali Khan and Harshad Mehta. Minister of State for Home Ajay Maken said that the Central Bureau of Investigation (CBI) may be asked to probe this scam, in addition to Enforcement Directorate (ED) and the Income Tax Department. ED is behind his two close associates Mr.Binod Sinha and Mr.Sanjay Chowdhary. Binod is behind bars and Sanjay has escaped to Dubai.
In the probes, it was found that Maoists received a 30% share of the "Koda plunder". This has led to staunch criticism of Koda from sections of society, including the oppostition Bharatiya Janata Party. Gujarat Chief Minister Narendra Modi stated Koda was part of a corrupt network of Congress Party who stole money from Jharkhand.

Thursday, April 7, 2011

Get Your Little Black Dress Yet?


The little black dress is a timeless piece that flatters every figure.
Even if you are a color junkie like me, you should have at least one in your closet. And don't just listen to me.
Since Audrey Hepburn made this item iconic in Breakfast at Tiffany’s, designers and starlets from all generations have been singing its praises. Today, industry insiders Nina Garcia, Marc Jacobs and young designer Hannah Marshall (who has been credited with inspiring a renewed interest in the chic frock) are trumpeting the "LBD."
What sets the little black dress apart this season? Look for geometric shapes, shimmer, shine, a belt or even a touch of lace, which is super hot this fall.
The Multi-Faceted LBD
Whether you get a sparkly, muted, classic, sexy, or modern night-colored dress, there are countless ways to wear it. Pair the dress with a bright belt or colored tights and it looks like a completely different frock.
Wear it with some hot boots and layered pendant necklaces, and the dress suddenly has more of a rock 'n roll edge.
Sweep your hair up, throw on a tuxedo-styled jacket and some ankle boots to get the season's popular boy-inspired look.
As with any outfit, don't go completely overboard with accessories. For example, if you rock a multi-gold pendant with gold bracelets, I would keep the rest of it simple: bare leg, black heels and nothing else to distract from the silhouette. If you wear bright fishnets with all that jewelry you'll wind up looking like Madonna circa 1984—way too costumey.
Your Black Dress Is Like a Fine Wine
For those of you working within a budget, I highly recommend spending a little more on this staple than you would on a more fleeting trend. Chosen correctly, your LBD could work for years!
That is why you should take the extra time to hand wash your garment; or if it is dry-clean only, Dryel can work well, too. There is even a spot cleaner which is useful for a stain or the underarm area. DO NOT throw your LBD at the bottom of a dirty clothes hamper! Hang it up after you wear it.
Pick Your Perfect Little Black Dress
Your LBD is out there waiting for you. But it is up to you to find the one.
Diane Von Furstenberg, one of my favorite designers, has some beautiful black dresses in her fall collection.
But if a top design is just out of your reach I suggest you raid the sale racks at Saks Fifth Avenue, the dress section at Bloomingdales or the higher-end dress department at Nordstrom or Neimen Marcus. I guarantee you will be delighted with the fit of some of the higher-end designs which can be gotten on sale at more affordable prices.
At the end of the day, you will spend just a little more than what you are used to on a well-made staple that makes you absolutely stunning. Trust me—it is so worth the investment!

I Dream of a Lifestyle Involving Many Cocktail Dresses IV: 20's Style Bags

UK's high street stores have been pushing and selling a lot of 20's style this party season. Now for those living in the States, where retailers tend to sell clean-cut clothes, you might not really know how a modern 20's dress looks like.

Remember the dress Kate Moss wore to Fashion Rocks this year? Think of a short, non-volume mini-dress; think beads and drop-waist. The two featured above are the examples I like (from Kate Moss Top Shop and Oasis).

So along with these dresses, high street shops are selling 20's style bags. While these bags don't seem very modern, in my imagination of a fancy world, I imagine one could carry these in a very glamorous, stylish way. Think Mary-Kate Olsen. (Oh btw, I'm not an expert on fashion, so excuse me if I say or feature items from the wrong decades.)

One of the main features of 20's style bags are frame bags. The first one that caught my eye is this golden, embroidered one from the Kate Moss Top Shop collection. It's more casual than the other ones and so pretty. Plus, doesn't it look like I had to go through vintage stores to dig it up (minus the effort)?

Another feature of 20's style bags are beaded bags. One that caught my eye is this black beaded one, also from Kate Moss Top Shop. It's simple but with just enough pattern detail.

Warehouse has one which is a bit more fancy -lots of gems. Not really my style though.

Oasis also has a range of beaded bags. My friend just bought the one on the left in black. One good thing about these bags is that if matched right, they can be carried in 'usual' functions like to cocktails and even clubbing, or to more dresses-up functions, like weddings and dances.

Even though it's kind of plain, I would like to see this bronze pouch in real life. If it's big enough to be somewhat practical (although I suspect it's not), at 18 pounds, I might just buy it.

If these aren't fancy enough for you, how about this box-bag from Top Shop?

French Connection has this very interesting bottle-bag. The design is pretty unique, isn't it? (Plus, the photo of the model holding it shows that you can match these 20's bags with your very contemporary dresses.)

And if you're really into the whole dressing up thing, this feather hairband from Accessorize is a fantastic accessory to add onto your outfit. It's easy to wear and adds just the right amount of dressiness. Just make sure you don't put too many things together and wear the accessories to stuiable events.

Spring Trend: One Shoulder Dresses

Michelle Obama wore a one-shoulder dress at the Inauguration, then Cameron Diaz and Kate Winslet wore gorgeous one-shoulder dresses to the Golden Globes awards. The look was all over the red carpet at the Oscars, too! Kim hope the trend stays for a while. It's a really flattering look for curvy girls like me because it draws the attention away from your lower body and up to your neck and shoulders area. It's also a good solution for those who can't decide between tube dresses and dresses with straps!

This men's vest from Dash is one of Kim's favorite pieces this past few months! It is by Michelle Mason and of course, can be found at Dash. She wore it with leggings and a plain long tank and layered it with long-sleeve simple tops, scarves, and some cool skinny jeans. She's a fan of men's wear as it can look extremely feminine and chic if worn the right way ;) I definitely have come to love this piece and I hope you guys do too!

Kim absolutely love jumpsuits right now and wrote about them in her Trend Spotting column on Celebuzz!

Everyone from Kate Hudson to Blake Lively to Jennifer Hudson are wearing jumpsuits and she have the photo gallery to prove it!

Khloe and I hit up the Alice & Olivia show in New York City! Fashion Week to us is about mixing work with pleasure! Kim and Khloe did some buying for DASH while glazing the new Alice & Olivia collection.

Kim wore Martin Margiela cream blazer with funky shoulder pads with Temperley leather leggings and YSL shoes along with gold talons, which sit on the tip of the finger with nails attached made by Bijules.

I Dream of a Lifestyle Involving Many Cocktail Dresses VI: FCUK

This season, I have really liked FCUK's selection of dresses. They have a fantastic selection of shift dresses (basically like a huge T-shirt,) which are young, sparkly and trendy. I liked them so much that I've been to French Connection more than to any other high street store this season and tried on most of their dresses in store. The last time I went to the FCUK shop in Covent Garden, all the salesgirl were wearing one of FCUK's dresses in their own style, (with their own accessories). The whole store felt so festive!

One of the things I've thought about FCUK were that for a highstreet shop, it has really pretty clothes. But I also feel that its clothes never quite justify the original prices, which is why I always try to wait for the things to go on sale. Anyways, onto the dresses:
The dress that everyone has probably seen is this sequinned dress. The white version is SO gorgeous! If only we had the events that celebs go to to wear shift dresses...
I really like how the studs are of the same colour as the dress (so the dress wouldn't look like one big mess) but they're just light-reflecting enough to see the pattern. The problem with sequinned and studded dresses though are that I can't really get a tailor to cut the dress shorter. The dress ends at almost the knee for me, when I think it's supposed to end mid-thigh. Sigh.
I've only seen this dress online before. I like that it looks so cute and summer-y and party-ish. Tube dresses are hard to wear though, and the bubble effect at the bottom doesn't make it any easier. But still, if you were partying on some hot and resort place, then you might want one for the parties!
BG and I like to imagine we have fancy dinners to go to (without going out afterwards,) so we thought these dresses would we perfect for the dinners. I really liked the silk, block coloured dress on the left, and BG like the knit dress on the right. Unfortunately, hardly anyone dresses up for fancy restaurants in Hong Kong so the only place we would get to wear dinner dresses would be in the States and London. Perhaps the two of us should organise a fancy-dress-wearing dinner sometime.
Two other dresses that would be great for dinners.
Now I thought this lime green dress looked pretty chic when I saw the model wearing it. However on me, it wasn't short enough and it felt and looked like I was wearing a green box -wide and flat.

The difference between two colours of one dress never looked so apparent until this dress. The light-coloured one is so much prettier. No wonder it's sold-out whereas the pink/purple dress is now on-sale in stores.
Pretty by itself, but not sure how pretty it looks on a person.
I really like colour-block designs and the sequins make the design look young and 'now'. I still haven't managed to try it on yet, although I did notice that it was accessorised with a wide belt at the FCUK window displays.
The two dresses which I seriously condsidered buying were these two. The black chiffon dress (left) is so cute. It looks sort of prim (black, chiffon) but it's also modern because it ends at mid-lower-thighs. It's a nice LBD for dinner and formal cocktails. On the other hand, the sequinned dress (right) that I liked is the navy blue version because the pattern shows up better. It's such a sparkly, party dress. The problem with sequinned dresses though, is that they fall out really easily, so it would probably not last more than a few wears. Nevertheless, if only I had the occasion to wear it...

Alice and Olivia Bubble Belted Dress

Alice and Olivia! Kim recently wore a 12th Street by Cynthia Vincent skirt to the Obsessed movie premiere and teamed it with a leather jacket, so this dress totally has that similar look in one. The bubble hem skirt or dress look never looks the most flattering on the hanger, but you can definitely wear one when you're accentuating the waist.

This bubble hem dress at Dash has lots of fabric for a fun look! The leather tank top is attached to the bottom and has a purple skinny belt to make it all work together!

Christmas Holidays is Here!

Hey people, BG and I will be taking around a week and a half from the blog. I'll be on family vacation in Osaka for the next few days and then be back in Hong Kong; BG already has plans with friends packed for the holidays. Anyways, I know BG already did a post on affordable posts yesterday, but here is a list of presents that I want and I'm sure most of you would love as well, (mind you, not all of them are quite so affordable):

Remember the Nex Check Halter dress by Marc by Marc Jacobs? I blogged about it a few weeks ago thinking that blogging would take it off my mind, but I still want it! It gets many ticks on my list of criterias for an ideal dress: cute, versatile, nice material, good colours, plain enough to be worn more than once without being too plain.
Miu Miu bags have had that golden buckle design for a few seasons but I'm still really liking it. This tan leather bag looks like such a nice and casual day bag.
Black classic Christian Louboutin shoes. No explanation needed.
Tom Ford's Whitney sunglasses. I don't care how overrated Tom Ford is. There just aren't a lot of sunglasses out there that look so cool and fit me as well as this pair.
BG did a post on Tiffany rings a week ago. The one I want is the Frank Gehry Fish ring in brushed sterling silver (or perhaps plain sterling silver). I haven't seen it in real life yet, but I imagine it would look like a small, sleek sculpture on my fingers. Loves it!
I was looking at the calendars of TV shows on Amazon, but I was disappointed not to find a Deluxe: How Luxury Lost Its Luster by Dana Thomas is a book about the fashion retail industry. As an over-thinking shopper, there are all sorts of little facts I would like to know in this book. I'm still waiting for it to come out in paperback.
Gossip Girl calendar. Really, don't they know how many girls would love to be able to stare at the gorgeous actors and actresses throughout the year? (Plus wouldn't it be good marketing for CW?) Anyhow, if you haven't read the Gossip Girl books yet, go read them! They're not the same as the TV show but still very juicy.
Veronica Mars is one of my favourite shows of all time and this TV season just hasn't been as exciting since the show's was cancelled. So everyone, get yourself the Veronica Mars DVD box sets!

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