We sometimes use a phrase ‘open pandora’s box’ what does it means?

According to Greek legend, the first woman, Pandora, was actually sent as a curse to Zues’ men  and was given a present upon her marriage. The present was a box that she was told never to open. Needless to say her curiosity got the better of her and she unleashed eight demons unto the world.

So, in common parlance, we use this as a source of extensive but unforeseen troubles or problems

What is this Fodder scam?

News: Lalu Prasad Yadav is convicted by CBI court, Ranchi, after found guilty in Fodder Scam.

The Fodder Scam was a corruption scandal that involved the embezzlement of about INR 940 Cr. The corruption scheme involved the fabrication of “vast herds of fictitious livestock” for which fodder, medicines and animal husbandry equipment was supposedly procured. Scandal broke in 1996, the theft had been in progress, and increased in size, for over two decades. As of May 2013, the trial has completed in 44 cases out of a total of 53 cases. More than 500 accused have been convicted and awarded punishments by various courts. Mr. Laloooo the great, is one among them

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About B E Kumar Prasad

B E Kumar Prasad
He is a Practicing Chartered Accountant in Bengaluru, India. He has 28+ years of experience in income tax, business setup, and NRI matters. He is also an Insolvency Professional, Registered Valuer (F&SA) and Social Auditor.Prasad welcomes your comments and questions. Please email him at simplifiedlaws20@gmail.com

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