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Financial Scams in India: #9 2G Spectrum Scam

Saturday, April 29, 2017, 5:21 PM

It was a telecommunication scam and political scandal in which politicians and government officials undercharged mobile telephone companies for frequency allocation licenses, which companies used to create 2G spectrum subscriptions for cell phones. According to CAG, former Telecom minister A Raja had evaded norms and carried out the dubious 2G license awards in 2008.

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