Business Standard

'Fraud against country': FM Sitharaman slams UPA over Antrix-Devas deal

Supreme Court verdict to be highlighted in international courts, says FM

Nirmala Sitharaman
Premium

Union Finance Minister Nirmala Sitharaman

Arup RoychoudhuryNikunj Ohri New Delhi
The Antrix-Devas matter was a fraud against the country, and the previous Congress administration should explain how the fraud was perpetrated, Finance Minister Nirmala Sitharaman said at a press conference on Tuesday.

Devas, said the Finance Minister, claimed to own a technology that did not exist. Based on this, an agreement with Indian Space Research Organisation (Isro) was signed, Sitharaman said, adding, “The fraud began there.”

The United Progressive Alliance government took six years to cancel the agreement that Antrix entered into with Devas in 2005, she said. “The Congress allowed blatant selling of Government of India’s resources for a pittance,” Sitharaman

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in