SEARCH

RBI Governor appears in court over 2G case

PTI
print   ·   T  T  
RBI Governor D.Subbarao.Photo:PTI
RBI Governor D.Subbarao.Photo:PTI

RBI Governor D.Subbarao on Monday deposed in a Delhi court as a prosecution witness in the 2G case, saying he had questioned in 2007 the spectrum fee of around Rs 1600 crore for pan India licence.

Subbarao, who was the Finance Secretary from April 2007 to September 2008, is a key witness in the case in which former Telecom Minister A.Raja and others are facing trial.

During the recording of his statement, Subbarao told the court he had written a letter on November 22, 2007 to the then Telecom Secretary D.S. Mathur in which he had questioned the spectrum fee of around Rs 1600 crore for pan India licence.

He said that he had also questioned as to how the spectrum fee of Rs 1600 crore, which was fixed in 2001, could be applied in 2007.

“I also questioned how the rate of Rs 1600 crore, determined in as far as back in 2001, could be applied for licences given in 2007...,” he told Special CBI Judge O P Saini.

CBI prosecutor A.K. Singh also showed various files and notes of various departments concerned, including that of Department of Telecom and Ministry of Finance, to Subbarao during the recording of his statement.

Till November 11, the court had recorded statements of 77 CBI witnesses in the case in which Raja is the key accused.PTI



The Hindu presents the all-new Young World

O
P
E
N

close

Recent Article in IN SCHOOL

Sardar Singh

Our defence line-up is in perfect shape and now it is time for the forwards to deliver their best. The team is showing major sig... »