For the information of those who are not familiar with the working of Auditing ,it may be mentioned that correspondence and difference of approaches are routine and this does not mean that ‘there is a split”.
One may note that no where in the communication divulged in the news item does it appear that there is a divergence of opinion on the Scam or the magnitude involved. Earlier statement by the CAG office might indicate that the loss is notional and hence it is difficult to quantify it.Common sense says that had the licenses been issued as per the market value, the Government should have received more money than what it has received now.You do not require an Auditor to say this.This is plain common sense.
If the licenses issued were according to market price and mechanism, then how come other Companies paid unheard of premium to buy these Licenses from the original Allottees? For Charity or as a Social Service?
If the transactions are above-board, how is it that people are paid money and why the maze of Transactions to hide the companies?
And why impossible terms were laid to exclude certain companies and favor some?
Long and short of it is that a scam of mammoth proportions has been perpetrated.
Now that the Special Court has framed charges under tough sections, effort is on to discredit the basis on which the case rests,that is CAG Report.
Casting aspersions and professional ethics will water down the Report, thus enble the accused to go scot-free.
The Misinformation on CAG has begun by a group of Media.
Note, all this,after Sonia Gandhi‘s active return to Politics after her illness and the timing of the leakage of this communication is after Karunanidhi met her recently at Delhi!
Please read my blog on Media in India,filed under media.
New Delhi: A split in the CAG over the 2G loss figure has come to the fore. CNN-IBN has accessed copies of confidential notes that show the lead auditor was forced to take the Comptroller Auditor General’s line.
The confidential notes were exchanged between Deputy CAG Rekha Gupta and Director General for Audits R P Singh. According to them, R P Singh was coerced into toeing Gupta and CAG Vinod Rai line.
The high and mighty of India’s political and corporate world have been cooling their heels in Tihar Jail for months for their involvement in the 2G scam, largely on the basis of a report prepared by the CAG. However, now there are questions being raised about the report itself.
The letters accessed by CNN-IBN raise a fundamental question – Why was a consensus difficult to reach in the CAG on this report?…
A letter dated February 26, 2010, as the CAG report was in its final stages of auditing, was almost an accusation against RP Singh, one of the main auditors who prepared the report. Singh is the one who recorded his dissent with the loss figure of Rs 1.76 lakh crore in the scam.
Written on behalf of Deputy CAG Rekha Gupta and addressed to Singh, the letter says, “It appears that there is no strategy planned for auditing the private service providers. Valuable time has been lost since October and work is yet to begin. A report may be sent every Friday, which will be put up before the CAG.”
http://ibnlive.in.com/news/2g-cag-split-out-in-open-ahead-of-pac-hearing/197124-37-64.html