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No CAG report on coal scam, says PM

NEW DELHI: With media reports of audit raking up a coal scam, Prime Minister Manmohan Singh today said the Comptroller and Auditor General (CAG) has clarified there is no no report and maintai

Published: 22nd March 2012 07:56 PM  |   Last Updated: 16th May 2012 06:40 PM   |  A+A-

NEW DELHI: With media reports of audit raking up a coal scam, Prime Minister Manmohan Singh today said the Comptroller and Auditor General (CAG) has clarified there is no no report and maintained there was no no need for him to clarify in Parliament.

"The CAG has clarified there is no no report. When there is no no report what is there to clarify," he told reporters at Rashtrapati Bhavan. He was asked questions on the media report on the basis of an initial auditor report which had estimated a loss of over Rs. 10 lakh crore on account of allocation coal blocks to 100 public and private sector companies without auction during 2004-09.

Singh said the CAG has written a letter and the PMO has released a part of the letter. On the roll back of the hike in passenger fares in the Railway Budget, he said the new ministers has promised that it will not not have any effect on the budgetary estimates.

He has also promised to make up for the loss through advertisements and disposal of commercial utilisation of land.



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