New Delhi: DMK MP Kanimozhi on Tuesday rejected the CAG report of loss of Rs 1.76 lakh crore to the exchequer in grant of 2G spectrum licenses, saying it lacked evidenciary value as Parliament is yet to adopt the findings.
"The CAG report was laid before the House on November 16, 2010. It had not been adopted by the House. It is still in a limbo as the House is yet to adopt the report," senior lawyer Sushil Kumar told Special CBI Judge OP Saini.
"It is lying in a limbo. That is why it is not a piece of evidence and is not being relied upon by CBI," he said adding the loss mentioned in the charge sheet was "notional".
He sought to dispute the computation of loss by CBI and CAG, saying "which figure is correct." "The loss of Rs 22,000 crore in the FIR and a loss of Rs
30,000 crore in charesheet filed in 2011 is made into a loss of Rs 1.76 lakh crore by CAG in his report dated November 8, 2010," Kumar said.
Since CAG report has not been adopted by Parliament, it, therefore, cannot be used as a piece of evidence.
"The figure of Rs 1.76 lakh crore loss is all in the air," the counsel said.
"Even TRAI, in 2011, has recommended that 2G is not to be auctioned. The PM made a statement in the House saying no loss was caused. The decision not to auction and follow the price of 2001 was cleared by the cabinet in 2003 and followed by every minister thereafter," he said.
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