"Narendra Modi, the then Gujarat Chief Minister, used to say that GSPC has discovered the largest gas reserve in KG Basin...There is no gas and oil...And what has happened is Rs 20,000 crore of government money has gone....We are now aggressively pursuing the scandal," Gowda claimed here.
"The prospect of finding gas was scaled down dramatically over the years, but at the same time more and more money was spent. Ultimately, now banks are left holding the burden of these loans to GSPC," he said, adding that CAG report had shown there had been "massive mis-allocation" of government resources.
"Mantri Pradhan (Dharmendra Pradhan) cannot answer the big questions we have on the GSPC scam and answers will have to come from Pradhan Mantri (Narendra Modi)," he said.
"We are going after this and once the details come out the Prime Minister will have a lot of questions to answer," Gowda claimed.
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