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2G loss was pegged at Rs 4 lakh crore, I toned it down: CAG Vinod Rai – The Times of India

In National on November 16, 2011 at 9:35 am

A defiant comptroller and auditor general on Tuesday rebutted claims that he had overruled his subordinates who put the loss from the 2G scam at just Rs 2,600 crore to project the figure of Rs 1.76 lakh crore. Vinod Rai emphasized that he had actually toned down an initial estimate that valued the loss to the exchequer at more than Rs 4 lakh crore.

Appearing before the joint parliamentary committee after his former colleague R P Singh told the panel that he did not subscribe to the estimate – one of the three arrived by CAG in its report – of Rs 1,76,000 crore loss, Rai strongly defended his report.

via 2G loss was pegged at Rs 4 lakh crore, I toned it down: CAG Vinod Rai – The Times of India.

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