Lakh Crore. 32. Kinetic Finance Limited Scam: Banks lost about Rs 200 crore in this scam. The promoters of Kinetic Finance Limited borrowed Rs 145 crore from a consortium of banks led by SBI and another Rs 50 crore from Bank of Baroda & UTI Mutual Fund. After borrowing the funds were siphoned off and diverted to other business entities of the Kinetic Group. 33. Andhra Pradesh land scam: According to the CAG report, the Congress government in Andhra Pradesh illegally allocated land for different purposes, causing a loss of Rs, 1 lakh crore, running into several thousand crores of rupees between 2006 and 2011. 34. Maharashtra stamp duty scam: The Rs 640-crore scam allegedly involves a large-scale misappropriation in the contracts awarded for franking of stamps for payment of stamp duty. 35. Maharashtra land scam: The Congress-NCP government allotted cheap land to over 3,000 people without following due process. The names of former chief ministers Vilasrao Deshmukh, Narayan Rane and Chhagan Bhujbal figured in the scam. 36. MHADA repair scam: Rs100-crore scam concerning repairing tenders of cessed buildings, a Right to Information Act (RTI) query has revealed. Contractors try to grab the tenders by quoting prices as less as 80% to 90% below the estimated cost of repair. However, once they get the contract, they recover the deficit difference. 37. Ministry of External Affairs gift scam: Indian Foreign Minister SM Krishna was caught in a scam pertaining to inflated bills in connection with the gifts purchased by him on his visit to Malaysia in May 2011. The gift articles were made of cheaper alloy, but shown as silver. 38. Flying Club fraud: The Central Vigilance Commission found that a majority of flying schools/clubs in India posed as registered societies, operating on no-profit no-loss basis, to avoid paying the government full fee for operations. Resultantly, the government has lost at least Rs 190 crore in revenue. 39. Andhra Pradesh liquor scam: Under the Congress government in Andhra, ministers and police officials took bribe to allow illegal wine shops to continue operating. Liquor was sold 30 to 40 percent more than MRP. The Anti-Corrup-
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