Bangalore: Terming as “bizarre” Union Telecom Minister Kapil Sibal’s stand that there was no loss in the 2G spectrum allocation, CPI-M today said it appeared to be “a cover-up exercise” to shield beneficiaries of the scam.
The party also stuck to its demand for a JPC probe into the spectrum issue, saying it was required not merely to nab the accused or look into financial details but to plug loopholes in the system that gave rise to such a situation and formulate new regulations.
CPI-M Polit Bureau member Sitaram Yechury described as “flawed” Sibal’s argument the CAG methodology on presumptive loss of Rs 1.76 lakh crore was erroneous. “It appeared to be a cover-up exercise to shield those who had benefitted”.
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