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Thursday, March 22, 2012

CAG report: Political heat mounts on govt over R 10.7 lakh crore coal scam

After bringing the nation's attention to the massive 2G losses, the Comptroller & Auditor General (CAG) has blown the lids off what looks like a far worse financial mess created by the government. Over 6 times worse than the 2G fiasco, to be precise.

According to media sources, the nation's top auditing body said in its draft report that between 2004 and 2009 the government lost a whopping Rs 10.7 lakh crore by giving coal blocks to to commercial bodies without following the auction route.

In its draft report, CAG said 155 coal acreages were given to some 100 private firms apart from some PSUs for the 2004-2009 period.

Reacting to the unprecedented scale of the alleged losses, chief opposition party BJP has given a notice in Rajya Sabha to discuss the CAG report on the coal scam.

"Coal Ministry was under PM, this is the biggest scam ever. This govt has looted the country," said BJP spokesperson Prakash Javadekar in response to the 110-page-draft report.

Shailendar Kumar from the Samajwadi Party said, "We have asked for an adjournment motion on question hour to discuss this scam."

Meanwhile the earliest reaction from the government emerged from the Law Minister who refused to comment on allegations made by newspaper reports.

"You don't ask the Law Minister to comment on newspaper reports," Salman Khurshid said.


Courtesy : dailybhaskar.com

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