Recovery of Rs. 29,000 cr. rail freight dues stalled

The Hindu June 29, 2016

The recovery of over Rs. 29,000 crore by the Railways from freight-evading iron ore exporters who were feeding the global frenzy for steel during the boom period is floundering, say sources in the Railways and
other agencies who have investigated the humungous scandal.The key investigators who exposed the scandal in the South Eastern Railways have all dispersed from the task, the latest being the principal
investigation officer. The only hope for the recovery- that could dramatically turn around the fortunes of the Railways – now hinges on the Supreme Court, a key official in the Railway Board told The Hindu.

Winsome Group’s Rs. 7,000-cr. default a ‘criminal conspiracy’

The Hindu June 18, 2016

Fresh details in trade circles further confirm suspicions that a criminal conspiracy to take money out of the country may have led to India’s second largest bank loan default case involving the Winsome Group’s debt of almost Rs. 7,000 crore.

The Winsome Group, involved in diamond and gold trade, through its three Dubai-based companies, has committed the second biggest bank loan default after Kingfisher Airlines.

Civil Aviation Minister deflects CAG queries on revenue loss

The Hindu March 7, 2016

The Comptroller and Auditor-General (CAG) has flagged several instances of possible revenue loss to the government in the joint ventures running the airports in Mumbai and Delhi, even as it has been awaiting access to the account books of the two companies for over seven months, show documents accessed by The Hindu.

Based on a limited audit of the books of the Airports Authority of India (AAI), which holds a 26 per cent stake in both the JVs, the CAG has pointed out significant financial losses suffered by the authority because of various anomalies in the implementation of JVs. The federal auditor was entrusted by the AAI on July 29, 2015, with the task of examining if it was receiving a fair share of revenue from DIAL (Delhi International Airport Ltd.) and MIAL (Mumbai International Airport Ltd.).

Discoms inflated dues by Rs 8,000 crore, says CAG

Times of India Aug 18, 2015

The three private power distribution companies (discoms) in the capital inflated their dues to be recovered from consumers by almost Rs 8,000 crore,

Adarsh Housing Scam

Times of India Oct 24, 2010

The Mumbai-headquartered Western Naval Command (WNC) has raised serious security concerns and sought action by the navy, army and government against a highrise apartment complex in Mumbai’s Colaba area, in which senior military leaders, politicians and bureaucrats own apartments….

LTC Scam

Times of India Oct 24, 2010

Through a series of stories, Josy uncovered how government employees and Members of Parliament were claiming money under the Leave Travel Allowance by faking bills. Criminal investigations are underway.

Leave travel concession scam: Delhi to Jaipur via Brazil

Times of India Aug 25, 2013

Would anyone in their right mind go from Delhi to Jaipur via Sao Paulo? Or travel from Mumbai to Port Blair via Dubai? The suggestion is crazy, you might say. But this is precisely what a couple of top PSU officials have done to claim their leave travel concession (LTC).

Members of Parliament may also be involved in LTC fraud

Times of India Aug 26, 2013

The stink of forged airline tickets being used to defraud the government is spreading to Parliament.

We will support any serious attempt to solve the Kashmir issue

Rediff April 6, 2001

After calling off a historic ceasefire just two months after it was dramatically announced, the Chief Commander of Hizbul Mujahideen, Abdul Majid Dar, just disappeared into the Kashmir Valley. Living in a rented house few steps away from Hurriyat Conference headquarters, Josy tracked down the most wanted militant of the Valley for a long conversation. A few months later, Dar was shot dead as hopes of peace perished in bloodlust yet again.

Discoms inflated dues by Rs 8k cr: CAG

The Times of India 18 2015

The three private power distribution companies (discoms) in the capital inflated their dues to be recovered from consumers by almost Rs 8,000 crore