Corruption Scandal in India

Started by MikeLigalig.com, November 22, 2010, 05:22:05 PM

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MikeLigalig.com

November 22, 2010, 05:22:05 PM
A widening corruption scandal that has touched India's prime minister sent the country's stock markets down sharply on Friday and threatened to tarnish the country's image as a rising economic power. On Thursday, India's Supreme Court criticized Prime Minister Manmohan Singh for failing to respond for more than a year to a request to investigate allegations that the licenses had been sold at well below market rates to politically connected companies. - New York Times
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