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 said the actual loss was not possible to calculate. Retrieved 8 August Raja informed that his 22g has come to the conclusion that it will be unfair, discriminatory, arbitrary and capricious to auction spectrum to new applicants as it will not give them a level playing field.
The selling of the licenses drew attention to three groups: In early November Jayalalithaa accused state chief minister M Karunanidhi of protecting Raja from corruption charges, calling for Raja’s resignation. After the Supreme Court ruling, Batelco sold its Retrieved 10 May This decision to issue LoIs simultaneously to all applicants was taken at the level of the Minister.
Special CBI judge OP Saini said in his judgement today that the prosecution had failed to prove the guilt of the accused beyond reasonable doubt. To further compound the earlier decision, of restricting consideration of applications received up to 1.
Court allows Swamy to conduct own case”. Retrieved 25 November Archived from the original on 25 December Please read the layout guide and lead section guidelines to ensure the section will still be inclusive of all essential details.
Additionally, 3G spectrum was auctioned for the first time in the country in early Sivasankaran complained to the CBI about not receiving a telecom licence and being forced by telecom minister Dayanidhi Maran to sell Aircel to the Malaysia-based Maxis Communications group, owned by T.
It cited the Supreme Court ruling of 2 February that the actions of Raja and officers at the Department of Telecom were “wholly arbitrary, capricious and contrary to the public interest, apart from being violative of the doctrine of equality. Sistema files review petition in Supreme Court”.
2G Spectrum scam: Zero loss theory back, CAG says read 2G book | India News – Times of India
Archived from the original on 23 December Archived from the original on In fact, the S Tel had withdrawn its case from the apex court in Marchtwo years after the government had allocated all 2G licences. Behura, Chandolia Granted Bail”.
Retrieved 21 August Retrieved 6 April Retrieved 25 July India Telecom Monthly Newsletter: Archived from the original on 18 December The CAG report Though today’s verdict has acquitted all the accused, the page report on the 2G scam cannot be overlooked. It had stated that licenses had been issued to ineligible applicants who had deliberately suppressed facts, disclosed incomplete information, submitted fictitious documents and used fraudulent means for getting licenses and thereby access to spectrum.
He served as the MD of Kerala state co-operative marketing federation from to A Raja ‘virtually gifted away important national 2y, says Supreme Court”. Behura moves Court against charge-framing”. Share on Facebook Share on Twitter. Charge by charge, how case collapsed. A number of executives were accused in the CBI charge sheet. Swamy’s petition to make Chidambaram co-accused dismissed”.
Retrieved 8 July Supreme Court reserves order on cancellation of licences”. Retrieved 14 December According to various methods, the presumptive loss in the spectrum allocation was in the range of Rs 58, crore and Rs 1.
CAG findings in 2G spectrum case: ‘Quite erroneously’ 2001 values in 2008, report said
In a free and fair bidding process, these profits should have gone to the government. Nine firms were issued licences, bundled with start up of 2G spectrum, in January at Rs 1, crore for pan-India operations. Retrieved 11 February