IOR 0.00% 0.0¢ indiore ltd

You must live on a different planet to me. I agree that...

  1. 4,695 Posts.
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    You must live on a different planet to me. I agree that Australia does have its problems but ingrained corruption, dishonesty is small compared with India. In India corruption is a way of life, and yes hopefully its decreasing as the corruption will continue to impact negatively on the economy.

    Maybe you can tell me why Hindustan Copper an Indian Government company refused to pay the ASX company India Resources $15 million even when ordered to by the Mines Minister and the Courts?

    Google .......corruption, iron ore and India and you'll get thousands of hits.
    Why mining in India is a source of corruption



    Indian iron ore corruption scandal spreads to Goa

    http://www.mining.com/indian-iron-ore-corruption-scandal-spreads-to-goa/

    Mining scams in India

    https://en.wikipedia.org/wiki/Mining_scams_in_India

    Janardhana Reddy arrested in iron ore scandal

    Frank Jack Daniel, Devidutta Tripathy
    5 MIN READ


    NEW DELHI (Reuters) - The police arrested a powerful opposition politician and mining baron, seizing a trove of gold bars and $1 million from his base in mineral-rich Karnataka state, a move the troubled government hopes will quash claims it is soft on graft.
    https://in.reuters.com/article/idINIndia-59145720110905

    Fighting corruption in India

    A bad boom


    Graft in India is damaging the economy. The country needs to get serious about dealing with it
    https://www.economist.com/briefing/2014/03/15/a-bad-boom
 
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