Loss to the exchequer due to the grant of 122 licences to new entrants in 2008 was Rs.1.24-lakh crore Government lost Rs.36,000-crore in grant of dual-technology licences The government must get exact loss calculated instead of washing its hands of it The draft report of the Public Accounts Committee on the 2G scam has come out with yet another figure for the loss to the exchequer, putting it at Rs.1.90-lakh crore in the...
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Charge Sheet identical to CAG findings by Sandeep Joshi
The only difference is in revenue loss, which the investigating agency CBI put at Rs.30,984 crore The Central Bureau of Investigation's first Charge Sheet in the 2G spectrum allocation scam is almost identical to what the Comptroller and Auditor-General of India (CAG) said, except for the figure of revenue loss, which the CBI has put at Rs.30,984 crore. The CBI agrees with the CAG audit findings that the former Telecom Minister, A....
More »CBI to file 80,000-page Charge Sheet against Raja, others on April 2
The Central Bureau of Investigation on Tuesday informed the Supreme Court that it would file an 80,000-page Charge Sheet in the 2G spectrum allocation scam against the former Communications Minister A. Raja, four former Telecom officials and two companies on April 2. It was originally proposed to be filed on March 31. Senior counsel K.K. Venugopal told a Bench of Justices G.S. Singhvi and A.K. Ganguly that the agency was still...
More »Lokayukta police not to file FIR
Yeddyurappa gets a breather The Lokayuka police have decided not to file a First Information Report (FIR) in the investigation of corruption charges against Chief Minister B.S. Yeddyurappa, his sons B.Y. Raghavendra, MP, and B.Y. Vijayendra, his son-in-law R.N. Sohan Kumar, the former BJP Minister S.N. Krishnaiah Setty and Davalagiri Property Developers Ltd., partly owned by Mr. Yeddyurappa's kin. The Lokayukta police were given six weeks to conduct an inquiry into...
More »Judicial check by V Venkatesan
The quashing of the appointment of P.J. Thomas as the CVC shows the judiciary can go beyond the express provisions of law to render justice. THE Indian Constitution does not envisage strict separation of powers among the three branches of the government – the executive, the legislature and the judiciary. This flexibility permits marginal incursions though one branch cannot usurp the essential functions of the other. One of the essential functions...
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