Loss figure not mine: R P Singh told JPC same


Exactly a year ago, R P Singh, the officer behind CAG's 2G spectrum audit, deposed before the Joint Parliamentary Committee looking into the alleged irregularities in the allocation of telecom waves and maintained that he was coerced to sign the final report though he did not agree with the views.

The Indian Express is in the possession of the verbatim minutes of the JPC proceedings on November 14, 2011.

Following an interview to The Indian Express on Friday, both the Congress and the BJP traded allegations against each other and the Opposition also questioned the timing of Singh's revelations.

"I wonder why he is speaking today," asked senior BJP leader and Public Accounts Committee chairman Murali Manohar Joshi.

Singh revealed that CAG officials visited Joshi at his residence and helped him prepare the controversial PAC report which was rejected by the Congress members and Lok Sabha Speaker.

In Parliament, the ruling dispensation led by the Congress demanded explanation from CAG Vinod Rai and Murli Manohar Joshi on Singh's revelations.

To a question raised by Congress's Manish Tewari and CPM's Sitaram Yechury, Singh had said that the 2G report was started without any guidelines. On another question whether there is any precedence in taking an audit in mid-course and trust it with headquarter, Singh had categorically said "never" and added, "I faced it for the first time". Throughout the deposition he maintained that "nobody can workout the actual loss" and "to put a presumptive loss would be bringing in the individual element of judgment in this, which is questionable".

He also cited changed market dynamics between 2001 and 2008 to state, "even the price received or the loss calculated by using that method of cost indexation cannot be called a true loss or it cannot be called an actual loss. It is not possible to calculate actual loss to my mind".

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