The Antrix-Devas deal of 2005 that agreed for lease of 90 per cent transponders in two satellites to be built by ISRO, now come into a big controversy that harm the ISRO chief of 2005 Mr. G Madhavan Nair’s govt. position, along with other three space members these are former scientific secretary at ISRO, K Bhaskaranarayana, K N Shankara, former director of the ISRO satellite centre and K R Sridharamurthi, former managing director of Antrix.
The govt has taken action of struck off any right to hold govt. post from all of these accused ISRO members.
The actual issue is that of being allowed a private company Devas by making a contract to scarce S-band spectrum in 2005 by ISRO that caused the loss of Rs. 2 lakh crore to national exchequer by spending Rs. 1000 crore on 70 MHz of S-Band spectrum.
However last year on 31 May, Prime Minister preceded the agreement of Antrix-Devas for correct examination with a five-member high-level team under the chairmanship of former Central Vigilance Commissioner Pratyush Sinha.
As per report of the high–powered committee (HPC) that went into the Devas deal, the govt. comes on its decision against ISRO members.
Moreover Antrix Corporation is an ISRO’s commercial arm that had signed contact under chairmanship of Mr. Nair in 200f with Devas Multimedia.
But till this time Nair does not received any official notice and he will be quit until he receive it. After once he get the notice then he would go to court against govt. action, Mr. Nair said.