Illegal extraction of mines cost Indian government 161 billion rupees

Illegal mining

Illegal extraction of mines cost Indian government 161 billion rupees

Another big scam in India broke out today as illegal extraction of mines in Karnataka cost the Indian government £2.2 billion. A judge accused the politicians including the state’s chief minister Bookanakere Siddalingappa Yeddyurappa for the illicit mining of iron ore in resource rich Karnataka.
From the year 2006-2010 due to irregularities and irresponsibility of the government authorities we have faced such a huge amount of money. It was also linked to illegal grant of licences and the export of iron ore, Judge Santosh Hegde said in state capital Bangalore.
The report of 25,228 pages said the government authority has wasted money in royalties; value added taxes, central excise duties and other comfort of them.

In the scam the judge has prosecuted the state chief minister as a public servant under the Prevention Corruption Act, 1961. He said the involvement of some 100 mining companies, about 600 officials, powerful politicians including the chief minister has been found and a strong action will be taken against all. The mining scam is the latest scam to break out in India. The media report says this is a exclusive point for the chief opposition party of India BJP to led down the Karnataka ruling party.

The chief minister in response to this scam said that the judge would have consulted his colleagues and legal experts before given such a decision.

Illegal extraction of mines cost Indian government 161 billion rupees

Report by Kushal Kumar