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Full Coverage: What is the force behind RBI Governor Raghuram Rajan’s first monetary policy?

19 Sep 2013 / 0 Comments

3.45 am Just woke up after long work till 12 am. "The office is so messy as like Indian economy. Fortunate Subbarao who left this mess created by few stupid political economists," Raghuram Rajan found telling the sweeper who came to clean up the

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Published On:Friday, 23 November 2012
Posted by Diggy Chacha

Arvind Kejriwal reveals a new scam; this time alleged former telecom minister A Raja

TOP STORY - POLITICS

After a series of revelation of scams last month, Arvind Kejriwal made one of the biggest revelations today. He called it 2G scam and alleged that former telecom minister A Raja made huge money by distributing 2G spectrum licenses at almost free of cost.

Showing a bunch of papers, Arvind Kejriwal said "Today I am going to expose one of the biggest scams in which former telecom minister was involved. He made huge money by distributing India's precious natural resource to these corporate. You would never believe that this guy will also be involved in the scam. I got a first hand information from CAG official."

He revealed that he received a report from an official of the India's most independent agency, Comptroller and Auditor General of India (CAG).

"This official despite the death threats gave me this report just to disclose how much corruption has reached to the roots of our democracy," said Arvind Kejriwal in a serious tone.

He said "This report that I got from an official of CAG suggests that A Raja distributed valuable spectrum at almost free of cost making a loss of Rs 1.76 lakh crore rupees to exchequer," and threw the papers on the Hindustan Times journalist seating in front of him.

He said "This report says that the 2G spectrum which had to give huge chunk to government made a notional loss of Rs 1.76 lakh crore rupees. Findings also suggest that our Prime Minister Manmohan Singh asked A Raja not to offer 2G spectrum on first come first serve basis but using auction method. However, he just ignored PM's demand and sold spectrum at such cheap rates."

However, when journalists asked him that this one was old report and A Raja already faced jail for some time, confused Arvind Kejriwal muttered with other IAC guys.

"Oh this is not old report, but the original findings that I received. Just as Manish told me old report shows that loss figure of Rs 1,75,958 crore while this report shows a notional loss of Rs 1,76,002 crore and therefore my report is correct. I am not going to file case against A Raja or Congress government but I wanted to expose the corruption here," said Arvind Kejriwal.

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