New Delhi: PAC Chairperson Murli Manohar Joshi on Thursday described the government`s decision to cancel the ISRO-Devas deal as "too little, too late" and said if the parliamentary committee feels it may look into the matter.
"This is what is called too little, too late. Just cancelling the deal is not enough, the matter should also be seriously investigated. Legal proceedings should be initiated against those who made such a contract," Joshi told reporters when asked about the deal.
The Cabinet Committee on Security today cancelled the contract given to Devas Multimedia for using S-band spectrum at prices which the principal opposition has alleged are much
less than the market price.
Asked if the issue had come to the Public Accounts Committee, Joshi said, "The matter has not come to the PAC and will not come till there is a report on it. But if we feel the
need we will look into it."