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  • CAG stands by its report on 2G spectrum allocation

    Published on January 10, 2011

    Amidst controversy over its figures of revenue loss on account of allocation of 2G spectrum, government auditor CAG has said it stood by the report submitted to Parliament late last year.

    “CAG stands by its report on 2G spectrum hundred per cent”, the CAG spokesperson told reporters in New Delhi on Monday.

    Telecom minister Kapil Sibal last week had questioned the findings of the report saying that CAG’s estimate of Rs 1.76 lakh crore loss to the exchequer on account of allocation of the spectrum was “utterly erroneous”.

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