Amid the controversy over alleged overstating of revenues and evasion of licence fee by Anil Ambani Group company Reliance Communications (RCom), the government-appointed audit panel today said its report is not influenced by anyone.
"Our firm was appointed by the Department of Telecom (DoT) for doing special audit of RCom. DoT specifically gave us 12 points in terms of reference for conducting the audit. We have given point-wise report in our replies and opinion on the issue."
"We have submitted an independent report without getting influenced by anyone," Prakash Sharma, Senior Parter, Parakh & Co told PTI when asked to comment on the views made by Anil that the report is biased and influenced by its corporate rival.
Debunking RCom's claims that it is yet to receive a copy of the report, Sharma said "we would like to confirm that we have given the audit report to RCom on the same day we were instructed by DoT to do so. DoT asked us to give them a report yesterday and we have already given the report. They have also given the receipt. The audit was concluded after discussions with RCom".
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
