50700428 business ethics fodder scam final
TRANSCRIPT
Presented By, Vinay Bhagat ( 06) Saurabh Kumar ( 32 ) Prakash Adimulam ( 53 )
The Fodder Scam
People Involved
Legal Proceedings
End of Laloo’s Chief Ministership
Legal Prosecution
Unethical issues found
Current Status of the Scam
Impact of the Scam
Conclusion
The Fodder Scam involved hundreds of millions of dollars in alleged fraudulent reimbursements from the treasury of Bihar state for fodder, medicines and husbandry supplies for non-existent livestock.
The Scam was said to have its origins in small scale
government employees submitting false expense
reports with involvements of politicians .
February 1985-delayed monthly account submissions by the Bihar state treasury and departments.
Continuous chain of closer scrutiny
1992, Bidhu Bhushan Dvivedi-submitted a report outlining the fodder scam.
Mr Laloo Prasad Yadav
Mr Jagganath Mishra
Government Employees
Mr Jagdish Sharma
Various IAS & Politicians
The scandal broke out initially in 1996 but was previously running from almost one decade.
.
It was initially noted by Auditor General of India by Mr. Chaturvedi IN Feb 1985.
.
In 1992, Mr. Bidhu Bhushan Dviivedi, a Police Inspector with state anti-corruption vigilance submitted a report outlining Fodder Scam
On 4thjan 1996, the Deputy commissioner Amit Khare conducted raids on the offices of AHD in Chaibasa district
The CM Laloo Prasad Yadav ordered constitution of committee to probe the irregularities.
On march 1996, Bihar High Court court handed the case to CBI.
On march 1997, Mr. Biswas CBI Director requested Governor of Bihar to prosecute Laloo.
On June 17, the Governor gave permission for Laloo and other five senior Bihar government officials.
On June 23 ,CBI filed charge sheet against Laloo and 55 other co-accussed.
Laloo parted ways from Janta Dal and formed his own party RJD
With pressure mounting from other parties Laloo resigned but was able to install his wife, Rabri Devi as the new Chief Minister on the same day
.
Rabri Devi won the trust of vote with the help of congress and Jharkand Mukti Morcha.
Moral and Ethical values of Democracy were brutally violated
Misuse of Power and position
Misuse of Public Funds
Laloo was charged with cheating , criminal conspiracy and prevention of corruption act.
He was jailed for several times. With division of Bihar state, most of the cases
were filed in the new Bihar, Jharkhand and Ranchi State
In 2007,62 former officials and suppliers were convicted and given term of 5 to 6 years.
About 23 people were punished with jail terms between 2 to 7 years.
About 298 were accusssed in 35 fodder scam cases 62 convicted in fodder scam, 23 jailed
Since it broke into public light, the Fodder scam has become symbolic of bureaucratic corruption and criminalization of politics in India generally, and in Bihar and Jharkhand.
Indian economy a shattering RS 950 crores
Government employees became more responsible.
Unethical !!!!