Sunday, 13 November 2011

2G scam: Principal auditor pressurised to sign final CAG report, say sources

In what could further strengthen doubts of a deep division within the government's top auditing agency over its report on the 2G spectrum scam, NDTV has learnt that the man who conducted the audit, R ...



Source - NDTV News - Top Stories




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1 comment:

Rajan Alexander said...

More and more a BJP conspiracy to defame the UPA government is coming clear.

a. A lead author's report written over by the Vineet Rai-Rekha Gupta duo; he is not given a copy of the report carrying his name as the lead author but asked only to sign in the last page of the report!

b. The lead author wants to incorporate the views of DoT but denied permission, reasons not elaborated.

c. The reason why spectrum was not auctioned as a policy was to facilitate maximum market penetration as in the case of the NDA tenure. So opportunity cost is just a theoretical figure assuming if the policy was different and spectrum was auctioned. It is not CAG's mandate to epouse policy. That is for the elected government of the day. That this was the pretext raised as India's greatest scam is laughable.

While common people got conned to view 2G Spectrum as a scam, they were not intelligent enough to ask what will happen to their per minute mobile costs if spectrum was indeed auction and for the value - Rs 144,000 crores which CAG estimates. This would have made mobiles a luxury service for only the super rich with per call per minute at least Rs 16. As it is, without paying spectrum charges, companies like Reliance are running in the red, trying to recoup their investment. Imagine if they had to recoup spectrum costs.

India has one of the cheapest mobile rates in the world and those of us who travel abroad knows this too well. Instead of celebrating cheap rates, we fall for a conspiracy to call it a scam!

It is another matter whether Raja gave more spectrum to companies than they were entitled to; whether companies were favoured in allotment; whether ineligible companies got allotment - all procedural questions.

Auditors are suppose to be watchdogs but they act like pets - we have Arthur Anderson in case of Enron; Price Water Cooper in Satyam and the latest being Deloitte Touche colluding with clients to commit public fraud. This is perhaps the first time when auditors cooked their reports to favour the interests of the opposition party, in this case the BJP

Read more: http://exitopinionpollsindia.blogspot.com/2011/11/cags-2g-report-scam-jt-parliamentary.html

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