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Updated: February 16, 2011 03:20 IST

Zero loss claim wrong, CBI chief tells PAC

Special Correspondent
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CBI chief A.P. Singh leaves after appearing before the Public Accounts Committee in connection with the 2G spectrum scam, at Parliament House on Tuesday.
PTI CBI chief A.P. Singh leaves after appearing before the Public Accounts Committee in connection with the 2G spectrum scam, at Parliament House on Tuesday.

CBI Director A.P. Singh told the Public Accounts Committee on Tuesday that it would be ‘incorrect' to say there were no losses to the exchequer in the allotment of 2G licences.

Deposing before the PAC, Mr. Singh said that since his agency primarily focussed on the criminal aspects of the 2G scam case, it would be difficult for him at this juncture to quantify the losses.

“The most important thing he [the CBI chief] said was that as far as he has looked into the matter, it is wrong to say that zero losses occurred, but because he is primarily involved in criminal investigations, he can't give an exact figure for the losses,” PAC Chairman and senior BJP leader Murli Manohar Joshi told journalists here.

The remark made by the CBI chief at the PAC meeting contradicts the claim made by Telecom Minister Kapil Sibal that the revenue losses due to the allotment of telecom licences were ‘nil.'

The Minister had dubbed “utterly erroneous and without any basis” the estimated loss of Rs. 1.76 lakh crore arrived at by the Comptroller and Auditor-General (CAG) on account of 2G spectrum allocation.

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Both are pre-mature in their statements. How can a minister claim that there were no losses even when the investigation was under way? What mentality does it show?

from:  Satish
Posted on: Feb 16, 2011 at 13:11 IST

CBI says 'zero loss is wrong' and Kapil Sibal said 'zero loss to exchequer'. God knows who is wrong. It seems, both have a basis for their stand. If CBI is correct then Kapil Sibal should be pulled up and thrown out from ministry.

from:  Amit
Posted on: Feb 16, 2011 at 09:00 IST

Now, at least PM and Kapil Sibbal should resign.

from:  Ramprasad
Posted on: Feb 16, 2011 at 07:56 IST
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