Tag: CAG

CAG Vinod Rai report on Chopper Deal soon, calls UPA men bullies

In a major setback on Rs. 3600crore VVIP Chopper Deal Scandal, the Comptroller and Auditor General Vinod Rai will now take the charge of the controversial procurement of helicopters by the government’s department of defence. Read more

Ex-CAG official denied 2G report, says it’s not mine

Ex CAG official R P Singh 150x150 Ex CAG official denied 2G report, says it’s not mineHitting a  twist in 2G scam,  the author of the 2G CAG’s report that estimated presumptive loss of Rs. 1.76 lakh crore, has came in front of media and said that it is not his report as his report not contain with any loss , he was just told to sign on it.

“After completing the audit of ministry of telecom, which was under my direct charge, I prepared a draft audit report covering each and every aspect … My report did not contain any loss figure,” former director general of Comptroller and Auditor General, RP Singh said.

He also claimed that there were Rs. 37,000 crore recovering from those holding excess spectrum which he had mentioned in his report. Read more

2G Spectrum Flopped, Where are those Rs 1.76 lakh crore?, Sibal asks

Telecom Minister Kapil Sibal 150x150 2G Spectrum Flopped, Where are those Rs 1.76 lakh crore?, Sibal asksDenied to comment over CAG’s estimated loss figure of Rs 1.76 lakh crore for the “shuttering” of the spectrum in telecom sector on first-come-first-serve service in 2008, the Indian government announced to set next spectrum auctions bids by March-end.

This time auction would be followed for those telecom areas which have not come in this week’s worset flop event of telecom mobile spectrum, such as Delhi and Mumbai  and price will be decided very soon by  an Empowered Group of Ministers (EGoM). Read more

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