By: Express News Service 56 am Former-Prime Minister Manmohan Singh whose photo took a battering over the 2G rip-off. Related News After the scam broke: How the 2G controversy shaped telecom coverage impacted industryThe defence of the accused in 2G spectrum scam: No private gains what about others said the ones in dockThe prosecution s case in 2G spectrum rip-off: New cut-off dates suspect rationale and a Rs 2 hundred-crore bribeThe 2G spectrum allocation scam rocked the UPA II government. Then Prime Minister Manmohan Singh s image turned into battered in the ensuing storm. In February 2011 Singh said that coalition compulsions had pressured him to make compromises. Raja became the choice of the DMK and I had no purpose to experience that some thing seriously wrong has been completed. I did no longer experience that I had the authority to item to Raja s entry despite the fact that complaints have been coming from some organizations who had been now not benefited I became now not in a position to make up my thoughts Singh stated to senior television journalists at a media interplay The defence of the accused in 2G spectrum rip-off: No personal profits what approximately others stated those in dock Six years later the CBI making
https://publiclab.org/profile/maketrip its very last arguments within the case defended Singh mentioning that A Raja then-Telecom Minister had misled Singh. The CBI argued that Raja wrote a letter on November 2 2007 seemingly misrepresenting statistics and fraudulently justifying his selection concerning the cut-off date on September 25 due to the fact that on September 25 itself an declaration of the reduce-off date regarded in newspapers. It also alleged that Raja apparently misled Singh by incorrectly stating the opinion of the Ministry of Law and Justice to refer the problem to the Empowered Group of Ministers to be out of context . Also Read scam: New deadlines suspect rationale and a Rs 2 hundred-crore bribe On November 2 2011 Singh despatched a letter to Raja which appropriately flagged the difficulty of the processing of a large number of applications acquired for fresh licences against the backdrop of insufficient spectrum to cater to universal call for. The thought from the high office of the Prime Minister that availability of spectrum needed to be assessed earlier than committing to problem of licences and that licence with out considered necessary spectrum meant nothing to a telecom operator were however disregarded by the accused A Raja Special Judge O P Saini had said at the same time as placing Raja on trial. In his order Saini stated that at the receipt of the letter from Singh Raja without delay known as his non-public secretary R K Chandolia and drafted a response to the letter in the night time itself . This important be counted regarding coverage decisions of the DoT which required extreme attention by way of the DoT in terms of the coverage troubles was not even treated inside the documents of the department Saini noted in his order on price. The important accused within the 2G spectrum case Andimuthu Raja the previous Minister for Communications and Information Technology is mobbed as he emerges from the CBI office in New Delhi in 2010. (Oinam Anand/Express Archive) In his reaction Raja misrepresented with a dishonest goal the truth stating that there has been and isn't any unmarried deviation or departure inside the regulations and procedures pondered in all the selections taken via the ministry and as such full transparency is being maintained..And further assure you the same in future also Saini discovered. For all the trendy Explained News down load Indian Express App More Related News PM Modi s feedback against Manmohan Singh: Govt says no apology standoff is going on PM violated Constitution by way of now not performing in opposition to those in the back of conspiracy with Pakistan : Congress Tags: Express Explained Manmohan Singh Sankaranarayanan RamaswamyDec 21 2017 at eight:06 amUltimately the query stand up !!! 1. What become the need for Mr. Mani Sankaran to arrange a dinner party at this critical juncture ? 2.When Mr.Mani Sankaran changed into suspended from Congress Party and shortage of social decency for his unwarranted comment in opposition to the Country s PM what forced Mr.Man Mohan Singh to attend the party ?? 3. Why Pakistan Diplomats were invited despite the fact that we are not having cordial relation with Pakistan ??? The corrupt so called high stage humans have been invited and ultimately it's far the question doubt the integrity of the so known as dinner party !!! The harm is carried out by way of Congress/Mr Mani sankaran and other attended so known as visitors. They are answerable to India unundoubtedly.(zero)(0) Reply IIshrat JahanDec 21 2017 at 8:01 amthis MMS minkey wishes his face blackened and beaten up with slippers after being made to take a seat on a donkey. Mildest punishment i can think about for a person who owed his loyalty to italians while being pm of india(1)(zero) Reply Naveen IITDec 21 2017 at 7:38 amsir what about gujarat model? It's far nothing however 30 photoshopping/social media 40 crony capitalism and 30 loot n p er (instance -demonetisation.) MMs has stated those words inside the parliament additionally! There is absolute fact in this. Mnid you even Hitler alias Modi s predecessor did no longer force human beings to auzswicth fuel concentration camp he just advised them we are giving you figure.(11)(3) ReplyIIshrat JahanDec 21 2017 at 7:fifty eight amyou cant fool people for 22 years when scamgress ruled gujrat there was plague.(1)(zero) ReplySankaranarayanan RamaswamyDec 21 2017 at eight:12 amIn truth we want extra harder chief and strict than Mr.Modi as we Indian want such treatment most effective. We never sincerely attempted to make united states with our full integrity this each Indian is aware of let them say through setting their hand of their coronary heart what they do their united states of america ?? If someone controls then they experience the heat that is the way to straighten the situation at this situation as it's far created by means of us best.(0)(0) Reply Naveen IITDec 21 2017 at 7:34 ami observe lot of Modi Avatar followers commenting. People forget about MMs is the architect of contemporary india 1991 financial reforms. Which many other international locations economist didn t do nicely -thailand indonesia venezuela and now see how UK is messing their financial system with Brexit horrific negotiations. So lets us thank MMS for his goodness and no longer take a look at one petty deal of 2g! Sure 2g is not the scam the rip-off is how borrowers of telco s and different infra payers are misusing or misallocating capital and bringing shame to india.(three)(three) ReplyRaja RamalingamDec 21 2017 at 7:forty eight amIt is surprising that you name 2G rip-off as PETTY . Also simply due to the fact he has carried out good things in 1991 doesn t absolve him of his obligations of this and different monumental scams completed underneath UPA.(0)(4) ReplyIIshrat JahanDec 21 2017 at 8:03 amu r no naveen n neglect IIT use your real name ismail shaikh what are u frightened of(0)(zero) Reply Raman BramanDec 21 2017 at 7:33 amso MMS simply become a puppet and he dares to call Modi names and declare DeMO as authorities looting? Now these criminal organization is stalling the contemporary parliament consultation annoying an apology from Modi.(3)(three) Reply Load More Comments
Perhaps the most damning and least-known element of the Rs 1.Seventy six lakh crore 2G spectrum scandal of 10 January 2008 as it has now grow to be acknowledged is that the modus operandi of the scam-to-be become foretold with the aid of me in a chain of properly over 20 articles in The Times of India.The 2G divulge became the poster boy of a corrupt nation by using showcasing corruption throughout a full 360 stages; administrative and political culpability in violating government policies to rob the exchequer for personal enrichment (brought about the Supreme Court judgment of 2012 cancelling all of the illegal telecom licences) a corrupt media in collusion with massive enterprise and the PR enterprise (Radia Tapes) and the position of presidency law officials (Solicitor General Ghoolam Vahanvati) in facilitating instead of preventing the breaking of the law.A Raja took over as Telecom Minister in May 2007. At the time I become assigned the telecom beat in addition to several other ministry beats. Inadvertently through the coverage of recurring telecom occasions the modus operandi of a scandal so big it'd cross directly to rock the kingdom and de-stabilise the political fortunes of the ruling UPA authorities started out to unfold.Policy violations precise from October 2007For the telecom beat it started dramatically with tales at the gold rush : an ever-growing pile-up of licence applications in Sanchar Bhavan based on common understanding that 2G licences in 2008 could be awarded at 2001 expenses.But it wasn t just about that. In granting licenses to favoured agencies Raja additionally helped them jump the queue. This through illegally advancing the cut-off date and designing a bespoke first-come-first-served (FCFS)
http://newtonapples.com/members/maketrip/ coverage even as ostensibly snubbing the then high minister Manmohan Singh regulation minister H R Bhardwaj the finance ministry and his very own senior officers advice to choose fair and transparent auctions. Much of this now finds point out within the crucial segment 70 (I vii) of the Supreme Court judgment brought in 2012 which cancelled all of the 122 illegally offered licences through Raja.Raja ran amock twisting every rule inside the ebook. And each unmarried deviation become documented in super element.But Raja turned into unstoppable. He and his crew went in advance as consistent with plan proof against the reality that their rationale and modus operandi to eventually loot the nation to the volume of Rs 1.Seventy six lakh crore in complete public view had already been distinct in one of the united states of america s main national dailies.A record photo of former telecom minister A Raja. ReutersThe first actual article indicating that the Rs 1 651 crore access rate changed into ridiculously low and will attract an navy of bounty hunters changed into written on three October 2007 a month earlier than Raja revealed his devious plans to Manmohan Singh on 2 November 2007 and three months earlier than the scam. Articles on 11 October 2007 DoT receives 575 applications for cell licenses on 24 October 2007 Spectrum coverage improper on 27 October 2007 Auctions most transparent way of distributing 2G spectrum on 5 November 2007 DoT grapples with spectrum woes on 6 November 2007 Auctions unfair Raja tells PM on 9 November 2007 DoT asked to technique license packages on 12 November 2007 DoT may additionally leave 26 candidates in lurch and on 7 December 2007 DoT geared up to provide LoIs .The article Ministries don t buy DoT argument recognized the fact that Raja become approximately to illegally increase the reduce-off date from 1 October to 25 September 2007 to vicinity a cap of 121 licenses out of 575 packages even as proceeding to assert that he could follow the TRAI pointers of no cap . The articles additionally laid out the controversy of converting the order of priority via manipulating the FCFS coverage of the government. This was finished almost three weeks before the rip-off via an editorial on 24 December 2007 titled Fee charge date key for telecom license seekers . I also exposed the dissent inside Raja s group on December 27 2007 DoT wing warns Raja on LoI s .Further as quickly because the Swan and Unitech transactions yielded windfall profits I turned into the first to point out on 30 October 2008 Valuations screen loss of presidency and on 1 November 2008 Telco offers show company cost: DoT professionals say they are for spectrum . These articles anticipated the loss at Rs forty five 000 crore from the Swan and Etisalat transactions. Following this reveal Raja on 5 November 2007 determined to limit sale of promoters equity. Two years later the CAG in its file independently arrived at the equal parent of loss from the 122 licenses arising out of the Swan and Unitech offers. Similarly right now put up the 3G auctions my designated article of 31 May 2010 Not auctioning 2G spectrum price government over 1 lakh crores indicated a loss of approximately Rs 1 02 511 crore at 3G prices. Again the CAG independently arrived at this parent six months later.The 2G scam - truly toldRaja sold spectrum a scarce country wide resource at a fraction of its price to personal groups causing a astounding Rs 1.Seventy six lakh crore loss to the exchequer. There is not any law or electricity that restrained him from in search of an open transparent auction in 2008 at a time when traders were queuing up for licences and spectrum in India.There are many allegations towards the minister aside from favoring a 2001 rate of Rs 1 651 crore for pan-India spectrum. He also used a primary-come-first-served (FCFS) norm to provide away spectrum to pick out agencies in January 2008. Barely 10 months later some new licensees struck moneymaking equity offers at seven instances this fee with out a single penny being invested in infrastructure.The minister s modus operandi become worryingly easy. A few organizations with unknown credentials and a few realtors without a telecom heritage filed for telecom licences/spectrum after he took office in May 2007.Suddenly on 25 September 2007 he stated the window for programs would near on 1 October. This ensured that no international corporations could follow. Clearly 3 days aren't enough to find a associate get FIPB clearance or deliver in paid-up capital.Later the minister made 25 September as soon as the date of assertion of reduce-off the actual reduce-off. This helped him to arbitrarily hand-select nine out of the 46 businesses that had carried out for 575 licences. No explanation was given for those selections. The then prime minister Manmohan Singh and then finance minister P Chidambaram without problems seemed the opposite way.Then on 10 January 2008 with only some hours notice Raja allocated one hundred twenty licences for more or less Rs 9 two hundred crore. The FCFS rule ensured that telecom organizations needed to have interaction in fist fights to comfy a concern role in the spectrum queue.The minister took safe haven in a 2003 cabinet decision through the NDA authorities and a unmarried paragraph from Telecom Regulatory Authority of India s (TRAI) 178-page hints of 2007 in protecting himself. Raja says those files favour FCFS while his critics inclusive of TRAI factor to a clean vote for auctions in the equal files. Later TRAI s hints on mergers and acquisitions were suitably amended. While pretending to prohibit windfall profits for new licensees a strategic opening for acquisitions turned into left open. This allowed new licensees to profit through wooing the ones very overseas companies that had been strategically denied entry due to the arbitrary 25 September cut-off date. Money that rightfully belonged to the exchequer went into the wallet of rich industrialists.Countless letters to Manmohan Singh attractive for accountability and redress went unanswered.A PIL towards the minister s alleged wrongdoings turned into admitted in the Delhi high court docket in 2008.The courts listening to the PIL in the end dug out the actual issues from the heap of obfuscating fabric and lies that the telecom ministry provided consisting of parading the decisions taken as high policy.In February 2012 the Supreme Court cancelled all the 122 licences presented in 2008 for a paltry Rs nine two hundred crore ruling that these licences and eventually all herbal resources must be allotted through auctions/a honest bidding system alone. Spectrum auctions from 2010 to 2016 have yielded Rs three.6 lakh crore to the exchequer. This is when the stock markets were now not at their best performance.Had auctions taken region on January 10 2008 when the inventory markets had been at their height the impressive charges realised through multiple upstart companies would have flowed into the government s coffers.For the courts the 2G scam have become an possibility for a landmark judgment - to deliver each law and justice by adjudicating with out favour or political strain and a combat for the rights of purchasers and citizens versus the would possibly of government and massive enterprise.
The Hindu Explains: 2G spectrum case
Written by way of Pranav Mukul company Telenor s CEO Jon Fredrik Baksaas address the media outside the Finance Ministry after a 2012 meeting of the Finance Minister with chiefs of pinnacle telecom companies. (Express Archive) Related News 2G spectrum rip-off: The shadow over former Prime Minister Manmohan SinghThe defence of the accused in 2G spectrum rip-off: No personal gains what about others stated those in dockThe prosecution s case in 2G spectrum scam: New deadlines suspect rationale and a Rs 2 hundred-crore bribeThe cancellation of telecom licences through the Supreme Court in 2012 inside the 2G case brought about the key stakeholders the authorities and telecom operators to redesign the way the telecom sector functioned in India in particular how airwaves were supplied to operators. While at the coverage the front spectrum allocation started going on thru auctions for corporates in particular foreign players the decision compelled many to cut back on their India exposure. Consequently the decision impacted the financial institution books loans to telecom corporations and infrastructure vendors comprising almost three% of the portfolios for lenders at that point. The corporations that noticed their licences being cancelled protected people with investments from foreign players such as Norway s Telenor the UAE s Etisalat Russia s Sistema Bahrain Telecommunications Malaysia s Maxis and so on. While first of all the industry expressed situation over the effect on foreign funding in India s telecom market analysts suggest that allocating spectrum at decrease charges in reality opened the door to players who may not were severe about rolling out networks at that factor 2G spectrum rip-off: The shadow over former-Prime Minister Manmohan Singh In 2012 from the pool of operators 18 had their licences cancelled. As of date eleven companies provide cell services in the u . S . And if the proposed mergers and acquisitions undergo only five operators will remain Bharti Airtel Vodafone-Idea Reliance Jio BSNL and MTNL. This is in step with developed telecom markets in which 4 or five corporations dominate the sector. Mr Raja s approach created an artificial demand for spectrum by preserving it under-priced. If the spectrum became priced closer to its real cost it might now not attract such a lot of gamers. Non-severe players would now not have sought it Mahesh Uppal Director ComFirst India said. Compared with how spectrum is allotted to groups after auctioning it nowadays underneath A Raja the Department of Telecommunications (DoT) sold licences to function 2G offerings along with spectrum deemed necessary to installation those services. Following the cancellation of licences Norwegian telecom company Telenor which supplied offerings in India in a joint assignment with actual estate company Unitech said that it had already invested over Rs 6 a hundred crore in fairness and over Rs 8 000 crore in corporate guarantees and that the company became stunned to look that Uninor is being penalised for faults the court docket has observed in government technique The defence of the accused in 2G spectrum rip-off: No non-public gains what approximately others stated the ones in dock Bundling the spectrum with the licences and selling this on a primary-come-first-served basis resulted in the allocation of airwaves at a miles lower rate than the marketplace could have dictated Rs 1 76 000 crore as predicted by the Comptroller and Auditor General (CAG) of India. However the case in which fees in opposition to several bureaucrats have been additionally framed impacted how the auction process became designed to allocate spectrum at market found fees. The contemporary example changed into seen throughout the 2016 public sale wherein no matter a clear lack of motive from the enterprise the relatively priced spectrum in the 700 MHz frequency became put beneath the hammer. In its inner pre-auction estimates even the DoT did now not expect the 700 MHz spectrum to be fully offered. Throughout the auction no longer a single bid with the aid of any operator became placed. Also Read rip-off: New closing dates suspect intent and a Rs two hundred-crore bribe The trouble is very simple. If demand exceeds supply auctions are your best bet. The procedure of auction itself isn't the problem it's miles the design. There are many unique methods of undertaking the auction. For instance if the authorities said public sale winners might ought to make the payment inside per week as opposed to 10 years many organizations could exercise caution. Similarly if there has been a penalty if the services aren t rolled out within say two months of allocation some gamers could have opted out Uppal commented. The authorities also designed the public sale with the number one attention of maximising revenues and not to hurry up rollout of broadband or improve the first-rate of services. If you do this then you boom the harm an auction can do. If alternatively for example the government had sought bids of the way plenty sales groups might proportion with it there might had been much less damage to carrier boom or clients Uppal said. The authorities s pursuit of higher revenues via auctions which is visible to be an immediate end result of the CAG s observations on the lack of revenue via administrative allocation has also resulted in spectrum becoming dearer one of the factors mentioned with the aid of telecom gamers analysing the monetary situation of those groups. Earlier this year the Reserve Bank of India purple-flagged the telecom industry and asked banks to review their publicity to the arena. An inter-ministerial organization became shaped headed
http://paybus.soup.io/ via DoT Secretary Aruna Sundararajan to indicate measures for reducing financial stress in the zone. For all of the modern-day Explained News download Indian Express App More Related News Why it is time for New Delhi to make Nepal feel India-open Nissan vs Tamil Nadu executive: Dispute over VAT refund; analyzing an funding treaty Tags: Express Explained No Comments.
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