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2G SCAM ....The Biggest Corruption Scam In India

 

Marketed By :  LAP LAMBERT Academic Publishing   Sold By :  Kamal Books International  
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  • Product Description
 

A. Raja arranged the sale of the 2G spectrum licenses below their market value. Swan Telecom, a new company with few assets, bought a license for 1,537 crore (US$307.4 million).Shortly thereafter, the board sold 45% of the company to Etisalat for 4,200 crore (US$840 million). Similarly, a company formerly invested in real estate and not telecom, the Unitech Group, purchased a license for 1,661 crore (US$332.2 million) and the company board soon after sold a 60% stake in their wireless division for 6,200 crore (US$1.24 billion) to Telenor. The nature of the selling of the licenses was that licenses were to be sold at market value, and the fact that the licenses were quickly resold at a huge profit indicates that the selling agents issued the licenses below market value. Nine companies purchased licenses and collectively they paid the Ministry of Communications and Information Technology's telecommunications division 10,772 crore (US$2.15 billion).The amount of money expected for this licensing by the Comptroller and Auditor General of India was 176,000 crore (US$35.2 billion).

Product Specifications
SKU :COC19470
AuthorYogesh Maske
LanguageEnglish
BindingPaperback
Number of Pages100
Publishing Year2/29/2012
ISBN978-3848419555
Edition1 st
Book TypeMoral & social purpose of education
Country of ManufactureIndia
Product BrandLAP LAMBERT Academic Publishing
Product Packaging InfoBox
In The Box1 Piece
Product First Available On ClickOnCare.com2015-07-28 00:00:00