Business Standard

Won't review Essar-Loop cross holding report: Moily

Image

Press Trust Of India New Delhi

Corporate affairs minister Veerappa Moily on Saturday said it would not review its report on the Essar-Loop shareholding, as the opinion was given “by the provision of law”. The Supreme Court had earlier cancelled 122 2G licences granted during the tenure of former telecom minister A Raja.

“We gave the opinion on the provision of law. Where is the question of review? We receive reference from a ministry and we illustrate it. There is no question of interpretation. That is for the respective ministry to do,” Moily told reporters. He was replying to a question on whether his ministry, which was pulled up by the Central Bureau of Investigation in court for its report on Essar-Loop cross-holding, would reconsider its stance.

 

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Feb 12 2012 | 12:42 AM IST

Explore News