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ISRO Spectrum Scam- Rs. 2 Lakh Crores

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After 2G and CWG Scams, Indian Auditor General is worrying about a new scandal in India which is bigger than 2G spectrum scam. This Scam is named as S Band Spectrum Scandal in which the allocation of S-band spectrum was done wrongly. Scam is in allotment of spectrum by ISRO.

From ciol.com:

The Comptroller and Auditor General (CAG) has started inquiries into a 2005 agreement between the Indian Space Research Organisation’s commercial arm Antrix Corporation Ltd. and Devas Multimedia Private Ltd, it added.

The company that allegedly benefited from the largesse, Devas Multimedia, is headed by Dr M G Chandrashekhar, who was earlier scientific secretary at ISRO.

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