Biggest Indian Scams (Scandals) Of History – With Scam Amount and Year

“Some of the biggest scams and scandals in Indian history, just after India independence is listed below year wise. This scams ( called ‘Ghotala’ in Hindi language) are amounting in thousands of crores in total. The Picture listed below is found on Internet emails and details all those Indian scams with amount and respective year..”

Biggest Indian Scams

Biggest Indain Scams

Scams / Scandals in India Year Scam Amount (Rs.)
Jeep Purchase 1948 80 Lakhs
BHU Funds Ghotala 1956 50 Lakhs
Mundhra Scandal 1957 1.25 Crores
Teja Loans 1960 22 Crores
Kuo Oil Deal Scam 1976 2.2 Crores
HDW Commisions 1987 20 Crores
Bofors Oayoff Scandal 1987 65 Crores
St Kitts Forgery 1989 9.45 Crores
Airbus Scandal 1990 2.5 Crores (Per Week)
Securities Scam 1992 5000 Crores
Indian Bank Rip-Off Scandal 1992 1300 Crores
Sugar Import Ghotala 1994 650 Crores
JMM Bribes 1995 1.2 Crores
In a Pickal 1996 10 Lakhs
Telecom Scam 1996 1.6 Crores
Fodder Scam 1996 950 Crores
Ureal Deal Ghotala 1996 133 Crores
CRB Scam 1997 1000 Crores
Vanishing Companies Scandal 1998 330.78 Crores
Plantation Companies 1999 2563 Crores
Ketan Parekh 2001 137 Crores
Stock Market 2001 1,15,000 Crores
Home Trade 2002 600 Crores
Stamp Paper Ghotala 2003 30,000 Crores
IPO and Demat 2005 146 Crores
Bihar Flood Relief 2005 17 Crores
Scorpene submarine 2005 18,978 Crores
Punjab City Center Project 2006 1,500 Crores
Taj Corridor Scam 2006 175 Crores
Scam of Pune Billionair
‘Hasan Ali Khan’ tax default
2008 50,000 Crores
The Satyam Scam 2008 10,000 Crores
Army Ration Pilferage 2008 5,000 Crores
2G Spectrum swindle 2008 1,76,000 Crores
State Bank of Saurastra 2008 95 Crores
Scam of Illegal Money in swiss banks, as estimated in 2008 2008 71,00,000 Crores
The Jharkhand Medical Equipment Scam 2009 130 Crores
Rice Export Scam 2009 2,500 Crores
Orissa Mine Scam 2009 7,000 Crores
Madhu Koda Mining Scam 2009 4,000 Crores
Common Wealth Games (CWG) Scam 2010 40,000 Crores

Kindly note : That the details listed above are from a picture moving publicly on internet after the janlokpal bill was passed to stop all corruptions and such scams. We do not guarantee about the exact year and amount listed.

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