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3 Feb 2012

Fruit of the poisonous tree

There is hardly any industry in India today where unscrupulous companies have not sought to use their nexus with elected leaders and government officials to get ahead in their quest for quick and easy profits. 

The lesson for corporate India from the Supreme Court's landmark judgment is that there is little to be gained — and a lot to be lost — from doing business this way and hope that it will forever remain etched in their institutional memory. The Hindu : Opinion / Editorial : Fruit of the poisonous tree

On the other hand, even if we accept that Mr. Raja took the UPA leadership for a ride, what is inexplicable — and unforgivable — is the government's failure immediately to investigate the scam despite its broad contours being so visible. 

Even after the Comptroller & Auditor General's (CAG) magisterial report exposed what had transpired, senior ministers refused to accept the fact that there had been any loss to the exchequer.

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