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The MSEDCL had earl

Written by : , Category : pwoihdei , Date : July 7, 2018 , No Comments on The MSEDCL had earl

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For detailed account of A Raja’s modus operandi see this story by Shalini Singh. Perhaps the most damning and least-known aspect of the Rs 176 lakh crore 2G spectrum scandal of 10 January 2008 as it has now come to be known is that the modus operandi of the scam-to-be was foretold by me in a series of well over 20 articles in The Times of India The 2G expose became the poster boy of a corrupt nation by showcasing corruption across a full 360 degrees; administrative and political culpability in violating government policies to rob the exchequer for private enrichment (led to the Supreme Court judgment of 2012 cancelling all the "illegal" telecom licences) a corrupt media in collusion with big business and the PR industry (Radia Tapes) and the role of government law officers (Solicitor General Ghoolam Vahanvati) in facilitating rather than preventing the breaking of the law A Raja took over as Telecom Minister in May 2007 At the time I was assigned the telecom beat in addition to several other ministry beats Inadvertently through the coverage of routine telecom events the modus operandi of a scandal so massive it would go on to rock the nation and de-stabilise the political fortunes of the ruling UPA government began to unfold Policy violations detailed from October 2007 For the telecom beat it began dramatically with stories on the "gold rush": an ever-growing pile-up of licence applications in Sanchar Bhavan based on common knowledge that 2G licences in 2008 would be awarded at 2001 prices But it wasn’t just about that In granting licenses to favoured companies Raja also helped them jump the queue This through illegally advancing the cut-off date and designing a bespoke first-come-first-served (FCFS) policy while ostensibly snubbing the then prime minister Manmohan Singh law minister H R Bhardwaj the finance ministry and his own senior officials advice to opt for fair and transparent auctions Much of this now finds mention in the crucial section 70 (I – vii) of the Supreme Court judgment delivered in 2012 which cancelled all the 122 “illegally awarded” licences by Raja Raja ran amock twisting every rule in the book And every single deviation was documented in great detail But Raja was unstoppable He and his team went ahead as per plan immune to the fact that their intent and modus operandi to eventually loot the nation to the extent of Rs 176 lakh crore in full public view had already been detailed in one of the country’s leading national dailies A file image of former telecom minister A Raja Reuters The very first article indicating that the Rs 1651 crore entry fee was “ridiculously low” and could attract “an army of bounty hunters” was written on 3 October 2007 – a month before Raja revealed his devious plans to Manmohan Singh on 2 November 2007 and 3 months before the scam Articles on 11 October 2007 ‘DoT gets 575 applications for mobile licenses’ on 24 October 2007 ‘Spectrum policy flawed’ on 27 October 2007 ‘Auctions most transparent way of distributing 2G spectrum’ on 5 November 2007 ‘DoT grapples with spectrum woes’ on 6 November 2007 ‘Auctions unfair Raja tells PM’ on 9 November 2007 ‘DoT asked to process license applications’ on 12 November 2007 ‘DoT may leave 26 applicants in lurch’ and on 7 December 2007 ‘DoT ready to offer LoIs’ The article ‘Ministries don’t buy DoT argument’ identified the fact that Raja was about to illegally advance the cut-off date from 1 October to 25 September 2007 to place a cap of 121 licenses out of 575 applications while intending to claim that he would follow the TRAI recommendations of ‘no cap’ The articles also laid out the controversy of changing the order of priority by manipulating the FCFS policy of the government This was done nearly three weeks before the scam through an article on 24 December 2007 titled ‘Fee payment date key for telecom license seekers’ I also exposed the dissent within Raja’s team on December 27 2007 ‘DoT wing warns Raja on LoI’s’ Further as soon as the Swan and Unitech transactions yielded windfall gains I was the first to point out on 30 October 2008 ‘Valuations reveal loss of government’ and on 1 November 2008 ‘Telco deals show enterprise value: DoT experts say they are for spectrum’ These articles estimated the loss at Rs 45000 crore from the Swan and Etisalat transactions Following this expose Raja on 5 November 2007 decided to prohibit sale of promoters equity Two years later the CAG in its report independently arrived at the same figure of loss from the 122 licenses arising out of the Swan and Unitech deals Similarly immediately post the 3G auctions my detailed article of 31 May 2010 ‘Not auctioning 2G spectrum cost government over 1 lakh crores’ indicated a loss of roughly Rs 102511 crore at 3G prices Again the CAG independently arrived at this figure six months later The 2G scam – simply told Raja sold spectrum a scarce national resource at a fraction of its value to private companies causing a staggering Rs 176 lakh crore loss to the exchequer?super-specialty hospitals. 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