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2G verdict: Did Vinod Rai get it wrong? Curious case of calculating losses

Experts feel it will be too simple to call ex-CAG Vinod Rai's assessment that the allotments caused losses of Rs 1.76 crore to the exchequer, wrong

Spectrum sale faces delay
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Subhomoy Bhattacharjee New Delhi
Did Vinod Rai as the Comptroller and Auditor General (CAG) get it wrong in the 2G spectrum allocation case? Just after CBI trial court judge O P Saini read out his judgment in the case on Thursday morning, this was the question the packed courtroom and just about everyone outside wanted to know. 

It will be too simple to call it wrong, said all experts Business Standard reached out to, cutting across the aisle. “But it is a huge loss of face for the government,” said one of them. “Saini is saying you have no facts,” he said, to connect

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