Thursday, April 17, 2014

CAG can audit accounts of telecom firms: SC

New Delhi, Apr 17 (PTI) The Supreme Court today held that the Comptroller and Auditor General of India (CAG) can audit the account books of private telecom companies which share revenue with the government for using spectrum.

A bench comprising justices K S Radhakrishnan and Vikramajit Sen said CAG can carry out the audit to examine whether the companies are giving proper share of their revenue to the government.

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