The Congress alleged that the CAG audit was delayed due to a challenge before the courts regarding jurisdiction of the CAG. The Congress alleged that the CAG audit was delayed due to a challenge before the courts regarding jurisdiction of the CAG to audit accounts of private telecom companies. 46,000 crore of revenue was under-reported by six telecom companies, the government said it was taking vigorous action to recover the lost revenue. It said the CAG report on understatement of revenue was received in February 2016. The Congress spokesperson said, “We demand recovery of all the money and further audit of the telecom companies before and after the stated audit period (2006-07 to 2009-10).

Source: The Hindu July 07, 2016 20:15 UTC