Ten years later, Duvvuri Subbarao, a former Union Finance Secretary and RBI governor, said the assumptions underlying CAG’s estimate of Rs 1.76 lakh crore presumptive loss in the 2G telecom scam are contestable on several grounds.
The Supreme Court, in 2012, had prescribed that 2G spectrum can only be allocated through an auction for the interest of transparency, and fairness. Here is why the Centre has challenged this.
The Indian Express investigates court records, official documents, agency statements and its coverage of the agency to piece together this comprehensive list.
The court said it had come to the conclusion that Loop “was in pari delicto (in equal fault or wrong) with DoT (Department of Telecom) and the then officials of the Union Government”.
On November 2, 2007, Raja wrote the first letter to Singh, justifying the cutoff date of September 9. The CBI alleged that in this letter, Raja incorrectly described as out of context the opinion of the law ministry that the matter should be referred to the empowered group of ministers.
2G case verdict: The trial in the case started six years ago after the Comptroller and Auditor General exposed in 2010 that 122 2G licences had been given to telecom operators at throwaway prices without a free and fair bidding process, causing a loss of Rs 1.76 lakh crore
CBI Special Judge O.P. Saini deferred the matter observing that documents filed in the case are "voluminous and technical in nature" which were still under perusal. On November 7, the court might decide on the date of pronouncing judgement.
Jaitley made the allegation hours after a special court discharged former telecom secretary Shyamal Ghosh and three telecom firms in the 2002 additional spectrum allocation case, saying the chargesheet was full of distorted and fabricated facts.
All-round India-A beat Afghanistan-A to enter Tri-series final
Sports10 min ago
India A secure their spot in the final of the tri-series in Dambulla with a 101-run win over Afghanistan A. Priyansh Arya, Tilak Varma, and Kumar Kushagra all scored half-centuries, while Nishant Sindhu took four wickets to lead the bowling attack.