2G and Coalgate - parallel scams

There is an eerie similarity in the loss to the exchequer in the 2G spectrum scam and Coalgate: Rs 1.76 lakh crore (worst-case scenario) and Rs 1.86 lakh crore, respectively, as calculated by the ever-so-active Comptroller and Auditor General. For any scam to now grab the nation’s attention, it will have to be of a similar size. Anything less would be so unexciting. Bofors, where the alleged payoff was Rs 64 crore, would have been a baby scam by current standards...

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