Will IPL scam die a natural death, too?
By: Varun Singh and Vinod Kumar Menon Date: 2010-04-24 Place: Mumbai
Do scams in India reach a logical end? A look at past scams reveals they don't. Will the IPL's can of worms go the same way? MiD DAY gauges the public view on the issue.
Blame it on short public memory. The media too keeps the news story alive so long as it generates public interest and then all is forgotten. In the past, big names involved in scams have never come to the fore. A few scapegoats get butchered but the kingpins are let off the hook. I think the IPL saga too will see a repeat of this. Modi and Tharoor are scapegoats, other big fish will go scot-free.
Medha Patkar, social activist
Usually, all scams tend to get forgotten. But the IPL scam could remain in the public mind for a long time as it is connected to cricket. That's something that Indians tend not to forget easily. But how long it will be remembered is something nobody can say.
Gerson da Cunha, founder, AGNI
I believe justice will be done. IPL is the scam of scams in the country and people won't forget it even if the government fails to do justice. The common man's faith and confidence have been shattered. Cricket, after all, is a game so highly regarded here.
Mukhtar Abbas Naqvi, BJP leader
Forgotten scams of the past
It involved the then Prime Minister Rajiv Gandhi and others. The scam that ran into Rs 40 crore came to light after Gandhi lost the post to V P Singh. There are many big names associated with the scam but, so far, hardly any conviction has taken place in the case.
Abdul Karim Telgi learned the art of forgery while in prison. After his release, he started making duplicate stamp papers and sold them to banks and other institutions. The scam was estimated to up to Rs 20,000 crore. There were many top politicians named in the scam, but these politicians are still in power while Telgi is behind bars.
Nicknamed 'big bull of the stock market', Mehta was named in the Rs 4,000-crore scam. He siphoned off funds from inter-bank transactions and bought shares at a premium, triggering a rise in the Sensex.
Owner of Satyam, Ramalinga Raju, is behind bars for fabricating books of accounts. The scam ran into several hundred crores of rupees. Although names of a few political leaders cropped up, no politician has been arrested.
Parekh borrowed over Rs 1,000 crore from various financial institutions by buying shares from smaller exchanges under fictitious names.
Will IPL scam die a natural death, too?
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