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ET31 :: After flop 2G auction, government challenges its auditor (CAG)


“Mr CAG, where is the 1.76 lakh crore crore?” asked Information and Broadcast Minister Manish Tewari. “The opposition made this its holy grail for the last two years…it should apologize now,” he said.

The government may have raised just over 9,000 cores from its auction of second-generation (2G) mobile phone airwaves, but the poor sales help to make a politically expedient point – the revenue raised now is at par with what the government earned in 2008, when licenses were sold to cellphone operators in a process allegedly manipulated by corruption.

News Pressed from NDTV.com. Read the full story here

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