RBI governor D Subbarao on Monday Nov 19,2012 deposed in a Delhi court as a
prosecution witness in the 2G case, saying he had questioned in 2007 the
spectrum fee of around Rs. 1,600 crore for pan India licence.
Subbarao Rao was the finance secretary from April 2007 to September 2008, is a key witness in the case in which former telecom minister A Raja and others are facing trial.
During the recording of his statement, Subbarao told the court he had written a letter on November 22, 2007 to the then telecom decretary DS Mathur in which he had questioned the spectrum fee of around Rs. 1,600 crore for pan India licence.He said that he had also questioned as to how the spectrum fee of Rs. 1,600 crore, which was fixed in 2001, could be applied in 2007.
"I also questioned how the rate of Rs. 1,600 crore, determined in as far as back in 2001, could be applied for licences given in 2007...," he told special CBI judge OP Saini.
Till Nov 11, 2012 the court had recorded statements of 77 CBI witnesses in the case in which Raja is the key accused
Subbarao Rao was the finance secretary from April 2007 to September 2008, is a key witness in the case in which former telecom minister A Raja and others are facing trial.
During the recording of his statement, Subbarao told the court he had written a letter on November 22, 2007 to the then telecom decretary DS Mathur in which he had questioned the spectrum fee of around Rs. 1,600 crore for pan India licence.He said that he had also questioned as to how the spectrum fee of Rs. 1,600 crore, which was fixed in 2001, could be applied in 2007.
"I also questioned how the rate of Rs. 1,600 crore, determined in as far as back in 2001, could be applied for licences given in 2007...," he told special CBI judge OP Saini.
Till Nov 11, 2012 the court had recorded statements of 77 CBI witnesses in the case in which Raja is the key accused
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