Wednesday, September 21, 2011

Fingers pointed at P. Chidambaram's role in 2G scam

Another embarrassing moment for the Congress led UPA government at the center in India.

This time a note has come forward. This note prepared by the Department of Economic Affairs, an office under Pranab Mukherjee, current Finance Minister of India, was sent to PMO on 25 March 2011. It has raised questions on the actions and inaction of P. Chidambaram, the then Finance Minister of India in connection with the 2G scam.

The note - an 11-page document - describes that the Finance Ministry had demanded that the 2G spectrum be auctioned. According to a report in the Times of India, the note says that P. Chidambaram had overruled the recommendations of the ministry - the Ministry of Finance - that demanded that 2G spectrum be auctioned.
"DoT could have invoked this clause (5.1 of the UAS license) for cancelling licences in case MoF had stuck to the stand of auctioning the 4.4 MHz spectrum," the note says.

The note, directly casts a shadow of suspicion on the role played by the then Finance Minister P. Chidambaram in the 2G spectrum allocation which is said to have caused a loss of Rs. 50000 crore to Rs. 1.76 lakh crore to the Indian exchequer.

The timing of this note becoming public could not have been worse for the ruling UPA coalition, whose credibility has been severely compromised in the past few months. The note was given by PMO to an RTI activitist in response to an RTI request.

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