CAG REPORT 2G SPECTRUM PDF

The 2G spectrum case was an alleged scam by the politicians and government officials under .. November 10th: The CAG submits a report on 2G spectrum to the government, stating a loss of ₹, crore (US$24 billion) to the exchequer. It all started with his report seven years ago. The page explosive report on the 2G scam, brought forth one of the biggest “scams of our times”. lakh crore, the CAG report gave us a number that would define the 2G ‘scam’ . How did the turnaround happen?.

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It had stated that licenses had been issued to ineligible applicants who had deliberately suppressed facts, disclosed incomplete information, 22g fictitious documents and used fraudulent means for getting licenses and thereby access to spectrum.

caag A Raja gets bail, to walk out of Tihar jail after 15 months”. Sources in the know say that the CAG has accused the telecom ministry for undervaluing 2G spectrum, sold to new players inand held that the allotment price was not realistic, which has caused a revenue loss of spectfum to Rscrore to the government.

Archived from the original on 10 November On 6 June former Aircel chief C. Charge by charge, how case collapsed.

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Vinod Rai, CAG report in middle of controversy

The court declared repodt allotment of spectrum “unconstitutional and arbitrary”, cancelling the licenses issued in under A. Archived from the original on 7 April The month-long winter session of Parliament began on 9 November.

On 2 February the Supreme Court ruled on petitions filed by Subramanian Swamy and the Centre for Public Interest Litigation CPIL represented by Prashant Bhushanchallenging the allotment of 2G licenses, [] cancelling all spectrum licences granted during Raja’s term as communications minister. The S Tel later enhanced its offer to Rs 13, crore over a period of 10 years for allotment of 6.

2G spectrum case

The Union Government ca that time was accused of undercharging mobile telephone companies for frequency allocation licenses, which they used to create 2G spectrum subscriptions for cell phones. It said the actual loss was not possible to calculate. Archived from the original on 29 Repott The severity of the corruption charges led to a loss of trust between Congress and the party.

Archived from the original on 14 July Retrieved 15 May Former telecom secretary Siddharth Behura gets bail”. Con artists Confidence tricks Criminal enterprises, gangs and syndicates Email scams Impostors In the media Film and television Literature Ponzi schemes.

Vinod Rai, CAG report in middle of controversy- Business News

Archived from the original on 4 July According to the CBI charge sheet, several laws were violated and bribes were paid to favour certain firms in granting 2G spectrum licenses. In fact, the S Tel had withdrawn its case from the apex court in Marchtwo spctrum after the government had allocated all 2G licences.

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Supreme Court examines PM’s affidavit”. India may soon get its first runway on a ‘sea bridge’. Raja “wanted to favour some companies at the cost of the public exchequer”, sppectrum seven steps he took to ensure this: Charges framed against Raja, Kanimozhi and 15 other accused”.

Archived from the original on 31 October SC cancels licenses issued after Jan “. Spend up to Rs 60, pay next month Instagram accidentally rolls out major change in app, pulls it back Xiaomi Redmi Note 6 Pro with powerful Snapdragon accidently leaks on Repoort Facing call drops? It all started with his report seven years ago.

CAG adopted various methods for arriving at presumptive loss since actual loss, it said, could not be calculated. SC stays HC’s suo motu order against Chandolia’s bail”. Retrieved 8 June ED registers money laundering case against Marans”. Spevtrum in Tihar Jail after court rejects bail plea”.