Digvijay takes a dig at Jaitley for CAG remarks

"CAG should not sensationalise its findings,"- Arun Jaitley. Wish he had realised this when 2G and Coal Block CAG Report came!", the Congress General Secretary said on Twitter.
      
Congress party had voiced similar views in the past after huge notional losses were projected in reports on 2G and coal allocation scams.
  
The CAG reports on 2G telecom spectrum allocation and coal mine allotment which carried figures of notional losses to the tune of Rs 1.76 lakh crore and Rs 1.84 lakh crore respectively had caused tremendous discomfort for the UPA government and the Congress party that headed the coalition.
  
They had come in handy for the Opposition to attack the government on the issue of corruption.
  
Addressing the annual conference of the Comptroller and Auditor General (CAG) on Wednesday, Jaitley had said, "Auditor should be conscious of the fact that he is reviewing a decision that has already been taken. Have the fair procedures been followed?
  
"He doesn't have to sensationalise. He doesn't have to get into the headlines," Jaitley had said.
  
Jaitley had insisted that an auditor has to be "an active auditor but activism and restraint are always the two sides of the same coin."
     
On Monday, Parliament's Public Accounts Committee Chairman and senior Congress leader K V Thomas too had said in the conference that the auditor should restrict audits to financial impropriety and not come out with "astronomical" figures of notional losses.

Read more: News in Hindi and Newspaper

Report on black money will be submitted in time: SIT Chief

"We have already filed the first report (on black money) in August. Certainly I am hopeful about the timely submission of second report," Shah said.

On Wednesday, Attorney General submitted a list of 627 names having accounts in HSBC bank, Geneva, to the apex court, Shah informed that the list was already known to the team.

"Investigation is going on. Without investigation it is very difficult to say that a person is guilty or that person has done something wrong. A person is required to be heard first," he said.

Shah, a retired Supreme Court judge, said investigation in these cases is not easy. "It is not easy because when a department also issues a  notice, it takes time. Concerned parties and assessees replies take time," the SIT chief said.

Shah denied that government's probe in black money case is an eyewash. "It is not eyewash. Nothing is eyewash. Nothing can be said to be eye wash. On the contrary we got some results also," he said.

Source: News in Hindi and Newspaper