-The Times of India Chief Justice of India (CJI) S H Kapadia on Saturday joined the debate on the CAG's estimate of "windfall gains" for private players in the coal block allocation scam, suggesting such assessments may not be accurate. "People should be educated on economics as well to understand that these irregularities should be understood from the point of loss, which was a matter of fact, and not from profit angle,...
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CAG to brief PAC on coal issue today
-PTI Sparks are likely to fly in the meetings of Parliament's Public Accounts Committee as it takes up the controversial CAG report on coal block allocations from Friday when the government auditor will brief the panel on the issue. Comptroller and Auditor General Vinod Rai and his team of officials will brief the PAC on the auditor's findings on coal block allocation on Friday. The issue had virtually washed out the entire Monsoon...
More »Crunching numbers to soften Coalgate -Shalini Singh
-The Hindu The CAG has a lot of explaining to do on the methods used to reduce the loss it estimated in its draft report Comptroller & Auditor General Vinod Rai, who has maintained a dignified silence despite being in the government’s line of fire for his controversial report on coal, now has no choice but to break his silence. On Thursday, he appears before the Public Accounts Committee (PAC) where he is...
More »IMG report on coal scam likely by Saturday
-The Times of India The inter-ministerial group (IMG) reviewing coal block allocations that have been questioned by the federal auditor for being allotted arbitrarily could not complete its proceedings and is expected to meet again on Friday. The IMG meeting could not complete its case-by-case assessment of 29 blocks allotted to private firms with the response of the private players being considered against the terms they are alleged to have violated. Sources said...
More »The accountability of CAG-G Mohan Gopal
-The Indian Express Its report on the allocation of coal blocks is marred by a major legal error The legal fraternity celebrated the 50th anniversary of the Supreme Court of India in 2000 with a book, Supreme, But Not Infallible. The unusual title of the book was a powerful way for the legal fraternity to remind itself, and the public, that the highest court in the land is fallible, that it can...
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