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Congress alleges Rs 45,000 crore telecom scam under Modi's watch

Speed News Desk | Updated on: 7 July 2016, 18:04 IST

The Congress party has levelled serious allegations against the Narendra Modi-led government accusing it of causing a loss of Rs 45,000 crore to the exchequer in order to protect six telecom companies.

During a press conference today, Congress legislator Randeep Surjewala said that a Comptroller And Auditor General (CAG) report had accused six telecom companies namely Aircel, Idea, Reliance, Vodafone, and Tata of portraying their net income between 2006-2010 less by over Rs 46,000 crore. Further, they owed the government another Rs 12,000 crore as licencing fee, alleged the Congress.

However, despite the report being made available to them in March 2016, the government chose to get it re-evaluated by a Chattered Accountant, alleged Congress. "This shows the government works for the profit of a handful of corporates. Modi's promise of 'na khaunga na khane dunga' has come out to be an election jumla," accused Surjewala.

First published: 7 July 2016, 18:04 IST
 
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