Wednesday, December 8, 2010

Spectrum scam money covers ten countries

Enforcement Directorate(ED) today submitted a report to Supreme court and told that money trail covers international ramifications. What does that mean for common public and how much can we trust ED? The money can be traced in spectrum scam since it is mostly white money and loss because of licenses given cheaply to many ineligible companies. There may be black money but 1.76 lakh crore loss we are talking is not accounting as part of loss to public exchequer.

Source: http://timesofindia.indiatimes.com/india/Money-trail-in-2G-spectrum-scam-covers-10-countries-ED/articleshow/7067801.cms

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