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Zee Media Bureau
New Delhi: Delhi court on Monday recorded statement of former Telecom Minister A Raja in 2G-spectrum allocation case.
Raja was arrested on February 2, 2011 and is under trial in an alleged mutli-crore 2G scam by CBI. He is out on bail now.
The Comptroller and Auditor General (CAG) had estimated that 2G licences allocated to companies under the tenure of Raja in 2008 caused the government a notional loss of about Rs 1.76 lakh crore. The calculations were based on the auction price that government got for 3G spectrum in 2010.
The Supreme Court of February 2, 2012 cancelled all licences allocated in 2008 and ordered fresh auction to allocate spectrum at market determined rates.
The auction of spectrum in November, 2012 and March, 2013 fetched bids of about Rs 13,000 crore. The last auction for 1800 Mhz (widely known as 2G spectrum) in February fetched government bids worth Rs 37,572 crore which as per present policy can also be used for 4G services.
First Published: Monday, May 05, 2014, 10:41
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