CAG vs UPA: Govt auditor stands by its report on 2G loss

Amid controversy over its figures of revenue loss because of the 2G spectrum allocation,government auditor Comptroller and Auditor General (CAG) on Monday said it stood by the report submitted to Parliament late last year.

“CAG stands by its report on 2G spectrum hundred per cent,” the CAG spokesperson told reporters.

Telecom Minister Kapil Sibal last week had questioned the findings of the report saying that CAG’s estimate of Rs 1.76 lakh crore loss to the exchequer on account of spectrum allocation was “utterly erroneous”.

The minister had gone to the extent of saying that government did not suffer any loss.