2G Spectrum Scam

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Subramanian Swamy, a former Union Cabinet Minister, a Harvard-educated economist and Professor, holds that corruption impacts on economic development of a nation in five dimensions: sub-optimises the allocation of scarce national resources, the use of bribe money distorts investment priorities, unaccounted bribe money causes inflation via hoarding and property bubbles, corrupt persons in public office enact laws to safeguard the booty by lax criminal investigations and prosecutions, and corrupti