2G scam: CBI does not have any loss figures, says Director A P Singh

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Agencies: New Delhi, Nov 27 2012, 16:29 IST
CBI does not have any loss figures in 2G scam.jpg
Three years into the probe, CBI has not arrived at any loss figures in the 2G scam which its outgoing chief A P Singh considers as the "biggest scam" of his tenure.

After an eventful two-year tenure which saw some big corruption scams such as 2G spectrum allocation scam, Commonwealth Games, Tatra BEML scam, Adarsh Society scam, coal block allocation scam among others as the CBI Director, Amar Pratap Singh will be demitting the post on November 30.

Responding to a question as to which one of the scams remained the biggest scam during his tenure he said, "I would say 2G definitely". When asked was it because of the figures involved, he said, "Not because of the figures but the complications involved and monitoring by the Supreme Court".

When asked whether CBI has been able to arrive at any loss figures arising out of 2G spectrum scam, Singh said, "No we have not given any loss figures."

About the figures given in its charge sheet, the CBI Director said that they had arrived at the figure of 30,000 crore as 3.5 times of the indexed price of 2001.

"But we had not termed it as loss. It was a notional figure that this could have been the price," Singh said.

Singh said while taking charge two years ago he had said that agency would not hesitate to take action against anybody, howsoever, high and mighty of there was evidence and that the functioning of the CBI would be transparent and the officers of the CBI

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Reader's Comments (1)| Post a Comment

Congress BI

Shriram | 28-Nov-2012Reply | Forward
Sonia and co Will be delighted, do everything under their capacity to derail the investigation further and make sure what they did to the Italian businessman gets repeated for Raja, Kanimozhi & co... Already DMK chief has started propagating the ex CAG R.P.Singh's lie as no loss mantra. Further ammunition Will be aided by this CBI. This 2G scam Will end to the logical conclusion as that of any other scam in the history if independent India. Mera Bharat Mahaan...

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