CBI does not have any loss figures in 2G scam: AP Singh, Director

CBI has not arrived at any loss figures in the 2G scam which its outgoing chief A P Singh considers as the "biggest scam" of his tenure.

CBI does not have any loss figures in 2G scam: AP Singh, Director
NEW DELHI: Three years into the probe, CBI has not arrived at any loss figures in the 2G scam which its outgoing chief A P Singh considers as the "biggest scam" of his tenure.

After an eventful two-year tenure which saw some big corruption scams such as 2G spectrum allocation scam, Commonwealth Games, Tatra BEML scam, Adarsh Society scam, coal block allocation scam among others as the CBI Director, Amar Pratap Singh will be demitting the post on November 30.

Responding to a question as to which one of the scams remained the biggest scam during his tenure he said, "I would say 2G definitely". When asked was it because of the figures involved, he said, "Not because of the figures but the complications involved and monitoring by the Supreme Court".

When asked whether CBI has been able to arrive at any loss figures arising out of 2G spectrum scam, Singh said, "No we have not given any loss figures."

About the figures given in its charge sheet, the CBI Director said that they had arrived at the figure of 30,000 crore as 3.5 times of the indexed price of 2001.

"But we had not termed it as loss. It was a notional figure that this could have been the price," Singh said.
ADVERTISEMENT

Singh said while taking charge two years ago he had said that agency would not hesitate to take action against anybody, howsoever, high and mighty of there was evidence and that the functioning of the CBI would be transparent and the officers of the CBI would be insulated against any outsides pressure and they would be free to investigate fairly and impartially.

"These comments were made in the backdrop of the impending actions in 2G and Adarsh cases and CWG cases against high profile accused. In the two years that followed, we have by and large, tried to keep these commitments," he said.
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

Related Companies

More from our Partners

Loading next story
Business News › News › Politics › CBI does not have any loss figures in 2G scam: AP Singh, Director
Text Size:AAA
Success
This article has been saved

*

+