Sibal has disputed the amount of revenue lost in the 2-G spectrum scam. Sibal’s objection is with regard to the amount of 1.76 lakh crore arrived at by the CAG taking into the probable price, the spectra would have fetched had there been an transparently open public bidding. The CAG has used various methodologies to come to some categories of figures of govt. money lost on account of the criminal culpability of the Minister and others.
I am relieved that he has at least admitted that the scam has not devoured as much money as the public exchequer watch-dog had thought it to be.
By advancing misleading arguments one might have succeeded in securing favorable verdicts. But truth always pricks the conscience.
His skillful argument that NDA did the wrong by following the policy of first come first serve and so the UPA also looted the money in the same fashion, is appalling Let there be a thorough effective probe into the whole gamut and no one should be protected.
But Sibal has bruised his credentials.
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