[1]Central Bureau of Investigation (CBI) director A.P. Singh will on Tuesday appear before the Joint Parliamentary Committee (JPC) probing the 2G scam. This follows the appearance of comptroller and auditor general Vinod Rai before the committee last week.
The CAG, in a report to Parliament in November 2010, had pegged presumptive loss to the exchequer on 2G spectrum allocation at Rs.1.76 lakh crores.
The report said that the 2G spectrum was allocated to new players at throwaway prices. It also talked about undue advantage given to some firms and the spectrum allocated beyond contracted quantity to 9 firms.
The CAG report also said that the Department of Telecom (DoT) did not follow its own practice of first come first serve.
Former telecom minister A. Raja was forced to resign from the Union Cabinet in 2010 after the CAG faulted him for undervaluing spectrum to favour companies who were largely ineligible for 2G spectrum.
According to the chargesheet filed by the CBI, the loss to the exchequer is pegged at 30,984 crores rupees.
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[1] http://archive.asianage.com/2g-bi-officials-carry-box-court-new-delhi-containing-documents-related-2g-spectrum-case-reuters17jpg