Bribery: Rumours of bribery in Delhi Metro project surface

Perhaps it was only a matter of time, but the UK Serious Fraud Office (SFO) has apparently contacted India’s Criminal Investigations Bureau (CBI) for information on an individual in Mumbai in connection with allegations of corruption  during the construction of New Delhi‘s overground and underground metro railwayFCA - DElhi Metro

“The required information is in connection with the SFO’s corruption probe against a French multinational transport conglomerate that had bagged a Delhi Metro project,” reads a report in the Hindustan Times.

In a nation of 1.2bn people, where bribes are calculated into the fee for any public service, from acquiring a driver’s license to getting an electricity connection in a new home, it is hardly surprising that someone somewhere in the long line of people who oversaw the project (estimated cost  INRINR2bn/US$32m per kilometre) may be under investigation.

Big projects need big budgets and many people to make them happen. As a friend who brokers deals for luxury hotel brands in India once told me about bribery, “There are many hands to feed.”

Source: HT


Enhanced by Zemanta

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s