'VBS' mystery: Is this a political payment?

News items appearing in the media have highlighted the fact that the Income Tax department raided a steel manufacturing company and accounts of certain payments made by it to different departments of the government and individuals have been reflected therein. The payments relate to the years 2007 to 2010. There are extensive payments to the staff of the Ministry of Steel. Amounts are stated to be spent on various public sector undertakings attached to the Ministry of Steel and to certain individuals allegedly holding...

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