Coal Scam: The CAG report is likely to leave PMO squirming

Forget the figure. Like the Rs 1,76,000 crore presumptive spectrum loss figure, the Comptroller and Auditor General’s (CAG’s) computation of Rs 10,67,000 crore of “undue gains” to companies awarded coal blocks during 2004-09 is an optical illusion. However, there is no gainsaying that this “scam” will have major political implications since its roots go to the PM and PMO.

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