Defaulter company used to compute loss in 2G allocation: Cong

Saying that it used S Tel to compute the loss, Cong questioned accuracy of CAG report on 2G.

New Delhi: Congress on Thursday virtually
questioned the presumptive loss to the exchequer assessed by
the CAG in allotment of 2G spectrum claiming that a
"defaulter" company was used to compute the amount of Rs 1.76
lakh crore.

Flaying the CAG report on 2G spectrum allocation which
had cost Telecom Minister A Raja his job, Congress
spokesperson Manish Tewari said the CAG had used S Tel as a
benchmark to compute a presumptive loss to exchequer.

"The same report finds S Tel as a defaulter. Therefore,
to use a defaulter company as a benchmark to calculate a
presumptive loss, I hold my opinion on that...the report
requires a detailed study," Tewari said.

He also claimed that several observations made in the
report contradict each other. "Therefore, Public Accounts
Committee (PAC) is the best means to go into the CAG report
where a para by para study will be made," he said.

PTI

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