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Won't review Essar-Loop cross holding report: Moily
Press Trust Of India / New Delhi Feb 12, 2012, 00:42 IST

Corporate affairs minister Veerappa Moily on Saturday said it would not review its report on the Essar-Loop shareholding, as the opinion was given “by the provision of law”. The Supreme Court had earlier cancelled 122 2G licences granted during the tenure of former telecom minister A Raja.

“We gave the opinion on the provision of law. Where is the question of review? We receive reference from a ministry and we illustrate it. There is no question of interpretation. That is for the respective ministry to do,” Moily told reporters. He was replying to a question on whether his ministry, which was pulled up by the Central Bureau of Investigation in court for its report on Essar-Loop cross-holding, would reconsider its stance.

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