More arrests in India as corruption cancer spreads
India's reputation as a mining jurisdiction was further besmirched today after two powerful mining magnates were arrested over allegations of corruption.
The Guardian reports that Indian police have arrested Gali Janardhan Reddy, the owner of Obulapuram Mining Corporation and his brother-in-law Srinivas Reddy, the company's managing director, over allegations they created an illegal business empire worth billions. The men face charges of conspiracy, forgery and violation of mining laws.