Tag Archives: Telecom Regulatory Authority of India

World’s Biggest scam in India valued to $40 Billion [INFOGRAPHIC]

by

5


The 2g spectrum scam not just 1 lakh but 1.7 lakh crores!
If put in figure, a whole lot of 1,70,00,00,00,00,000

Do you think a telecom minister can earn this much? or is this his father’s property? Sure it isn’t.Or you wondering if this belongs to Mr Karunanidhi who has been supporting him all along? sure not!

According to Indian television reports Mr. Raja, the Telecom Minister, made a loss of around 2 lakh crores to Indian government by selling the 2g spectrum for cheap bucks to corporates that have no standard at all.

With the Auditor General and comptroller charging Mr. Raja, the telecom minister, against the 2g spectrum scam has raised high the country. He was being held as personally responsible for the loss of over 1.7 lakh crore to the country selling 2g spectrum at dead cheap rates in 2008.

This incident blasted the issue more seriously adding to the intense interrogation by the civil society, supreme court and the Telecom watchdog against Raja.

This has been the biggest scam in India and in the world. This has substantially marked a dead black spot in the history of scams. Until now, the value of all the scams is not more than 20 lakh crore rupees (RS: 20,00,00,00,00,00,000) that made this a big buzz in the world of scams.

Countries like America and Europe were almost shocked to the 2g spectrum scam which is over a “whole 40 billion dollars”.

  1. No rules in the game! His game is the only rule.
  2. He played with dates and changed everything that can make his story strong and bring him all the money.
  3. Sold completely surrender to money and selling the country to cheap hands.
  4. No proper auction followed
  5. Above all, the highlights are his ignorance to Prime Minister Mr.Manmohan advice, TRAI who recommended to auction 2g spectrum properly at market rates and not the dead rates!

Finally, he was completely sold to lobbyists!

Wondering how much we can do with this money to a country?

  • 4 golden square projects connecting metropolitan cities like Delhi, Mumbai, Chennai, kolkata
  • 23 samshabad airports
  • 30 lakh buses
  • 11 crores buffaloes to raithlu
  • Construct 1868 dams just like nagarjuna sagar
  • 25 lakh hospitals
  • 65 lakh ambulances
  • 30 lakh schools
  • 35 crore computers
  • 504 fighter jet aeroplanes

Society is fighting for its right and get back the money to the government. Should hold all the 2g spectrum projects

A national campaign is being held against corruption and everybody can make their contribution through the online voting system and let the higher officials know society is aware of the facts

Postal cards to kill corruption are being send to Prime Minister in the hope of taking strict action against the persons involved in the scam.

All accussed in this case are out of jail on bail, including A Raja.

 

 

 

2G: SC Refuses to Grant 400 Days to Centre for Licence Auction

by

0


The Supreme Court refused to grant 400 days to the government to complete the process of fresh auctioning of the 2G spectrum licences but extended the deadline for it from June 2 to August 31, 2012.

A bench of justices G S Singvhi and K S Radhakrishnan also said the existing licences for 2G spectrum will continue to be operational till September 7, 2012.

“In our view, it will be just and proper to partially accept the averments made in the application (by the Centre).

“Accordingly, the time specified for conducting the auction and grant of licences is extended upto August 31, 2012,” said the bench.

The bench also said its February 2 order cancelling 122 licences, allocated during the tenure of A Raja, will remain operational.

The bench made it clear that it was not going to accept the Centre’s prayer for allowing it 400 days to complete the process of auctioning radio waves.

The bench was hearing the Centre’s application, seeking clarification of its direction in the February 2, 2012 judgement which had fixed June 2 as the deadline, when the 122 2G spectrum licenses, issued in 2008, would stand quashed.

The court had asked the Centre to complete the process of fresh actioning by June 2.

During the hearing, Attorney General G E Vahanvati tried to explain the practical difficulties and implication of the apex court order, which had asked the government to complete the entire exercise of fresh auctioning by June 2.

Vahanvati also appraised the bench about the Telecom Regulatory Authority of India‘s (TRAI) recommendation which were announced yesterday.
Source: PTI