Saturday, June 20, 2009

India blacklisted 7 companies indulged in corruption


The country (India) expelled seven companies entailed in corruption in defense deals. The Indian defense ministry has hold all defense accretions occurring from these firms, involving companies from all across the world like Poland, Israel and Singapore. The hit list companies involve Singapore technologies, Israeli Military industries, Poland’s BVT, Singapore based media architects etc. In previous times, when bigger extortion was briefed in Indian defense deals regarding bribes and commissions, India had aborted the deals due to exploitation involved in them. This corruption has leaded the country in the wrong path, which is consistently deteriorating the growth of country.

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