CAG sensationalising its reports, crossing the line: Congress

18th August 2012 04:39 PM

With three CAG reports giving fresh ammuntion to the opposition to target the government, Congress Saturday accused the auditor of sensationalising its reports and crossing the line.

The party spoke of "long-term implications" if any Constitutional institution does not maintain the "fine balance and decides to transgress".

Seeking to trash the CAG report on coal blocs allocation, which has led to BJP demand for the resignation of Prime Minister Manmohan Singh, party spokesman Manish Tewari said the Supreme Court had "not endorsed" the presumptive loss of Rs 1.76 lakh crore pointed out by CAG in 2G spectrum allocation issue.

"The Supreme Court, while cancelling the 2G licences, did not make any observation with regard to the presumptive loss.

If the apx court would have been convinced of averments of CAG, they would have endorsed the presumptive loss", he said.

"CAG will be well served by keeping this precedent in mind and not keep adding zeros, which unnecessarily sensationalises and vitiates the environment", he said.

Tewari's remarks came in response to a host of questions, including whether CAG was crossing the 'Lakshman Rekha' and on BJP demand for the resignation of the Prime Minister in the wake of CAG report on the coal blocs allocation.

Government has already rubbished CAG's findings that private firms had got "undue benefits" to the tune of Rs 3.06 lakh crore in coal, aviation and power sectors, claiming the calculations were "misleading" and "faulty" and accused the auditor of not following its mandate.

"The CAG has the habit of adding zeros and he should desist from it," Tewari said adding the auditor should draw appropriate lessons from the Supreme Court "failing" to endorse the presumptive loss on the 2G allocation.

Seeking to take the wind out of the CAG charge, Tewari said that of the 57 coal blocks allocated, mining has not yet started in 56 of them.

If this is the situation, then who has got the benefit and who has suffered loss, he said.

Besides, he said even if it is assumed that there has been a benefit of Rs 1.86 lakh crore, it is spread over a period of 30 years and "cannot be considered as the net present value".

Asked whether opposition parties were exploiting the situation caused by CAG reports and has landed the government in a problematic situation, Tewari said only PAC can evaluate the findings of the audit body.

Alleging BJP was having double standards on the issue, he said when CAG reports come in BJP-ruled Gujarat, Chhattishgarh and Madhya Pradesh, the Chief Ministers there do not even place them on the table of the assembly.

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Comments(5)

How the corrupt congress joined hands with big buisness to supress the Anna movement against corruption is now open for all to see, the negative media coverage in some quaters , etc The damage to certain sections of corporate India will be long lasting , unless a concerted effort is made to improve corporate governance But now with the exposure of this scam , IOC will grow stronger with much greater public support

The biggest economists of the world are MMS, MSA, PC &c. are ruining the economics of the country with full support from Sonia. They have vowed to corrupt India to such an extent that definition of corruption will be changed. Poor becoming poorer and rich becomes richer. This is the tip of the iceberg.

What a shameless government? How can it rubbish CAG, which is a constitutional body? Congress thinks that CAG is like Anna’s team which can be bullied forever. Every time congress loots the nations, it investigates if there are any earlier BJP traces so that it can deflect. 2g is a clear example. MMS said there was nothing wrong, but the whole country knows how much is looted. The recent figure set by Kapil Sibal proves that he was wrong. UPA is shameless; UPA’s chairperson is inefficient, the PM is dump. We the citizens are fools.

The Congress party is so drunk with power that they think it is their right to loot the nation and the people must be deaf,dumb and blind to everything that they are doing! Kudos to CAG for the expose! Action must be taken against the scamsters. We saw how loudmouth Manish Tiwari was trying to down-play the corruption by accusing the opposition party.

The loss worked out by CAG is what these private parties would have gained over a period of 30 years. Just because the the profit has not yet accrued to them, it does not make the assessment of loss wrong. It only means that the Government wanted to throw way 2.3 lakh crores over a period of 30 years. What Manish is talking is rubbish.

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