India's major defence scams
New Delhi: The Indian Armed Forces are known the world over for their honesty, integrity and professionalism. However, due to the booming and fast growing economy, the over Rs one crore per year sky-rocketing pay
10. Sudipto Ghosh Scandal
In 2009, the CBI arrested the just-retired chief of Ordnance Factory Board Sudipto Ghosh and several of his associates for fixing contracts of OFB.
After CBI found evidence of bribery, the government in March 2012 blacklisted six companies for 10 years—Singapore Technologies, Israeli Military Industries, Germany's Rheinmetall Air Defence, Russian firm Corporation Defence, Indian firms T S Kisan & Company and R K Machine Tool.
In 2009, the CBI arrested the just-retired chief of Ordnance Factory Board Sudipto Ghosh and several of his associates for fixing contracts of OFB.
After CBI found evidence of bribery, the government in March 2012 blacklisted six companies for 10 years—Singapore Technologies, Israeli Military Industries, Germany's Rheinmetall Air Defence, Russian firm Corporation Defence, Indian firms T S Kisan & Company and R K Machine Tool.
