Singh, who was a BJP member in the 30-member Joint Parliamentary Committee on the 2G spectrum issue, voiced his views when the JPC probe had reached its half-way mark, said Chacko while sharing his experience as the JPC head.
"Jaswant Singh was an eminent parliamentarian. After completing the examination of many, including CAG Vinod Rai by the panel, Singh told me --Mr Chacko, why don't you recommend your Prime Minister to wind up this probe? What happened in India is a telecome revolution," Chacko told a meet-the-press programme, organised by the Ernakulam press club here.
The former Lok Sabha MP hailed the verdict acquitting Raja and Kanimozhi, saying it was just a charge to defame the then Prime Minister Manmohan Singh and the UPA government led by him.
Accusing the then Comptroller and Auditor General of overstepping its jurisdiction by calculating presumptive loss, Chacko said this was an interpretation by the constitutional body.
"CAG is only expected to assess the actual loss to the exchequer. But here overstepping its jurisdiction the CAG made an assessment on the basis of presumptive loss," Chacko said.
He said that during the examination by the panel he had asked Rai about the controversial presumptive calculation by the CAG overstepping its jurisdiction.
Rai merely said "I calculated presumptive loss," he said.
Chacko also hit out at BJP on the issue, asking why had not its government so far rejected the report submitted by JPC if it had differences on its findings.
Chacko was made chairman of the 30-member JPC on the 2G spectrum issue in March 2011 by then Lok Sabha Speaker Meira Kumar.
The controversial report of the JPC, which gave a clean chit to the then Prime Minister Manmohan Singh, was submitted to the Lok Sabha Speaker in October 2013.
The report, on which six parties had submitted dissent notes, had rubbished the notional loss figure of Rs 1.76 lakh crore estimated by CAG, saying it was "ill-conceived."
Disclaimer: No Business Standard Journalist was involved in creation of this content
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
