Wednesday, November 10, 2010

Rs 1,70,000 crore 2G scam: CAG nails A Raja

Telecom Minister A Raja.

 
Telecom Minister A Raja has been indicted by the CAG in the 2G spectrum scam, which resulted in a loss of about Rs 170,000 crore (Rs 1.7 trillion), says a report in The Economic Times . The report submitted to the Prime Minister's Office nails Raja for gross mismanagement in the 2G allocation. Raja ignored the advice of the finance ministry, the law ministry and the Telecom Commission while allocating the spectrum, says the CAG report. The report also slams TRAI for being a 'helpless spectator'.  It also indicts the Department of

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