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| Top auditor appears before parliame |
| 2G loss row: Top auditor appears before parliamentary panel
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| INDIA
, 15-November-2011
0:22:27 AM |
| A crucial meeting of the Joint Parliamentary Committee (JPC) probing the 2G spectrum scam is taking place today in the capital. The committee is questioning the government's top auditing body that came up with the loss figures.
The committee is examining the Comptroller and Auditor General (CAG) of India, Vinod Rai. Former Director General of Audit, RP Singh, testified before the committee yesterday. The two had serious differences over the loss figures that have been mired in controversy.
During his testimony Mr Singh said that he sticks to the stand he has taken all along - that the losses from the scam cannot be quantified, and that he was asked to sign on a report that declared the losses to be worth 1.76 lakh crores. Mr Singh had told his department that the presumptive losses were in the range of 2600 crores.
The testimony of RP Singh will boost the case of the government, which has been battered heavily by the swindle; Mr Singh's remarks also undermine the criminal case that the CBI is trying to prove against former Telecom Minister A Raja and 13 others, who are on trial for the telecom scam.
The swindle rests on the premise that Mr Raja ignored advice to auction spectrum in 2008, and that he manipulated the rules to help some companies get out-of-turn licences. However, Mr Singh today referred to the fact that the both the Cabinet and the Telecom Regulatory Authority of India (TRAI) had not recommended that second-generation or 2G frequency be auctioned. TRAI recently referred to this fact and warned the CBI that any losses would be presumptive and prone to error.
he swindle rests on the premise that Mr Raja ignored advice to auction spectrum in 2008, and that he manipulated the rules to help some companies get out-of-turn licences. However,
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