Right from the collapse of Global Trust Bank to Satyam scam and YS Jagan’s assets case to DC Holdings — all have occured in Hyderabad. The scams involve mind boggling sums of lakhs of crores of rupees. The scams envelop areas like IT, infrastructure,banking, irrigation, SEZs, ports, mining, power plants, educational institutions and welfare schemes. Around 10 billionaires are cooling their heels in Chanchalguda jail with a few more in queue.
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