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Raja caused govt Rs 1.76 lakh crore for 2G: CAG
"85 licenses were issued to companies which suppressed facts, disclosed incomplete information and submitted fictitious documents to DoT and thus used fraudulent means of getting licenses and thereby access to spectrum," stated the CAG report on Nov 16.
The report also showed, "Brushing aside their concerns and advices, the Department of Telecommunications, in 2008, proceeded to issue 122 new licenses for 2G spectrum at 2001 prices, by flouting every canon of financial propriety, rules and procedures."
OneIndia News
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Story first published: Tuesday, November 16, 2010, 17:52 [IST]