The Delhi High Court has given judgment that the Comptroller and Auditor General of India has full powers to examine the accounts of the private telecom companies. The ruling was given in the appeal given by the private telecom companies against the decision of the CAG to examine the accounts in connection with the telecom 2G Scam, in which many private companies are involved and hugely benefitted.
The Delhi High Court has earlier allowed the CAG to audit the accounts of the power companies in Delhi, after the Kejriwal government has requested CAG to audit the same.
It is well known that the private companies are in the habit of manipulating the accounts to reduce the taxes to be paid to the government as also the revenue share, where such stipulations are there.
I welcome the decision of the High Court. Of course, private companies may appeal to the Supreme Court, but at least for the present the welcome decision is there.