PAC suggested methodology to calculate losses

Written by Press Trust of India | New Delhi | Updated: Nov 26 2012, 08:21am hrs
Keeping the controversy alive, former CAG official RP Singh on Sunday said the Public Accounts Committee (PAC) did suggest one of the methodologies to the CAG to calculate the losses due to 2G spectrum allocation which were pegged at R1.76 lakh crore in the final report.

Dismissing reports that he had gone back on his statement, Singh said after he had given his draft report on the 2G scam in 2010, the PAC, under Murli Manohar Joshi, had shown interest in the loss figures and had suggested one of the methodologies that led to calculation of loss of R1.76 lakh crore.

He said evidence to this effect was also in a note prepared by RB Sinha, director general (Report Central) in the CAG. Singh said the contacts between the CAG and the PAC officials were on even well before the CAG submitted its report on the 2G scam to Parliament in November 2010.

Asked whether he would name Joshi in this context, he said he would not because he personally did not have any documentary evidence.