RTI activist Akhil Gogoi today said he had a strong suspicion that another scam, like the LoC scam that took place during the AGP regime led by Prafulla Kumar Mahanta, had taken place during the tenure of chief minister Tarun Gogoi. “The people of Assam are well aware that an LoC scam took place during Prafulla Mahanta’s rule but we have a strong suspicion that another LoC-like scam took place during...
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Govt threatens to scrap 85 ‘ineligible’ telecom licences by Shalini Singh
Under unrelenting pressure to act against corruption, the government on Monday swung into action. It said it would slap show-cause notices on 85 licence holders asking why their licences should not be cancelled for violating eligibility norms. It will also ask the ministry of corporate affairs to check if Swan Telecom acted as a front, as alleged by the Comptroller and Auditor General of India. The companies facing show-cause include Uninor,...
More »Strengthening the CAG's hands by Ramaswamy R Iyer
The institution of Auditor General, established in 1860, became Comptroller and Auditor General of India (CAG) with the commencement of the Constitution. On the occasion of the initiation of year-long celebrations to mark 150 years of the institution, may one, as a former member of the Indian Audit and Accounts Service, put forward a few suggestions (numbered for convenience) aimed at enhancing the effectiveness of the institution? 1. It is a...
More »Damning audit by Purnima S Tripathi
The CAG indicts Uttarakhand for pursuing hydel power projects indiscriminately without concern for the environment. IN a severe indictment of the Uttarakhand government, the Comptroller and Auditor General (CAG) of India said it was pushing the State towards a major environmental catastrophe by following a highly ambitious hydropower policy. In a report titled “Performance Audit of Hydropower Development Through Private Sector Participation”, which was released recently, the CAG substantiates the allegations...
More »Illegal financial flows: the great drain robbery by P Sainath
India has lost nearly a half-trillion dollars in illegal financial flows out of the country, says a new study by Global Financial Integrity. India is losing nearly Rs.240 crore every 24 hours, on average, in illegal financial flows out of the country. The nation lost $213 billion (roughly Rs.9.7 lakh crore) in illegal capital flight between 1948 and 2008. However, over $125 billion (Rs.5.7 lakh crore) of that was lost in...
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