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This percentage scheme is there forever. Even L&T IDPL has to pay kickbacks; here, L&T pays to Chief ministers, etc. However, if one wants to pull off 2000 cro
by raincom 5y ago
This percentage scheme is there forever. Even L&T IDPL has to pay kickbacks; here, L&T pays to Chief ministers, etc.
However, if one wants to pull off 2000 crores ($300M USD) scam, it is done through banks. Here are two recent examples from the state of Andhra Pradesh:
1. Rayapati Sambasiva Rao, Ex MP 8000 Cr (1B USD)
2. Sujana Chowdary, MP, 5700 Cr (750M USD)
Add scams that are in the range < 100M USD.