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cag report on 2g spectrum, cag, comptroller and auditor general of india, cag of india, cag india

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cag report on 2g spectrum, cag, comptroller and auditor general of india, cag of india, cag india

The Comptroller and Auditor General (CAG) report on the 2G spectrum scam was tabled in Parliament on Tuesday even as the opposition continued to demand a Joint Parliamentary Committee probe.

The upper House was adjourned till 2:00 p.m. immediately after the tabling of the report, while the Lok Sabha was adjourned till Thursday.

The CAG report will now be taken up by Public Accounts Committee headed by MM Joshi, which has members from other parties too.

According to the report, the Department of Telecommunication (DoT) managed to keep the issue of spectrum pricing outside the purview of the Group of Ministers (GoM).

The CAG in its report adds that 85 out of 122 licenses issued in 2008 were found to be given to companies, which did not satisfy basic eligibility criteria.

“A Raja justified allotment of spectrum to a few new operators in 2008 without reconsidering the old entry fee discovered in 2001, ignoring the advise of the Prime Minister,” the report further said

The report added that the Telecom Commission was not consulted in the 2G spectrum allocation and views and concerns of the Ministry of Finance were over-ruled.

The report, which was tabled in the Parliament, specifically focuses on how facts about a top industrialist’s substantial stake in Swan Telecom – it far exceeded ten per cent- were concealed while applying for the 2G spectrum licence.

Raja was forced to resign on Sunday night under considerable pressure from the Congress, which has been attacked in Parliament by a united Opposition for corruption

The CAG holds Raja responsible on many fronts for violating guidelines, indulging in favouritism and costing the government Rs. 1.76 lakh crores by mishandling the allocation of 2G spectrum in 2008.

Source: sify

Posted by musicking on Nov 16 2010. Filed under Breaking News. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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