CAG Dismisses Ex Colleague Figure On 2G

Comptroller and Auditor General (CAG) Vinod Rai today dismissed claims by a former colleague that 'actual' loss of revenue due to 2G spectrum allocation was Rs 2,645 crore, saying various estimates upto Rs 4.19 lakh crore were projected during the audit process.

Vinod Rai appeared before the Joint Parliamentary Committee, a day after R P Singh, ex-Director General, Audit (Post and Telecommunications) and lead auditor of the 2G audit report, claimed that the presumptive loss of Rs 1.76 lakh crore due to 2G spectrum allocation was a 'mathematical guess'.

The CAG Vinod Rai also told the JPC that DG (P&T) had given some other loss estimates in his draft report -- Rs 1,02,498 crore and Rs 65,000 crore -- on account of 2G spectrum allocation and the earlier figure was included in the final report.

"Different figures on loss estimates ranging from Rs 2,645 crore to Rs 4.19 lakh crore were projected at different stages of the audit process," JPC Chairman P C Chacko told reporters after the meeeting