Coal block allotment: CAG says inferences drawn from draft report misleading

Richa Mishra Updated - March 12, 2018 at 09:26 PM.

It is not even our case that the unintended benefit to the allocatee is an equivalent loss to the exchequer, said a CAG statement.

The CAG has termed the inferences drawn from its draft report on allocation of coal blocks as misleading.

In a letter to the Prime Minister, the CAG has said that, “In the extant case the details being brought out were observations which are under discussion at a very preliminary stage and do not even constitute our pre-final draft and, hence, are exceedingly misleading.”

“…Pursuant to clarification provided by the Ministry in exit conferences held on February 9 and March 9, we have changed our thinking …. In fact, it is not even our case that the unintended benefit to the allocatee is an equivalent loss to the exchequer. The leak of the initial draft causes great embarrassment as the Audit Report is still under preparation. Such leakage causes very deep anguish,” an official statement quoted CAG.

Published on March 22, 2012 09:29