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This is an archive article published on July 31, 2011

Had no role in 2G pricing: Pranab

Govt probing assets of Indians stashed abroad.

Finance Minister Pranab Mukherjee on Saturday rejected suggestions that he had anything to do with the pricing of 2G spectrum and hit out at those spreading wrong information on the issue.

In 2007 when he was External Affairs Minister,Mukherjee had been appointed Chairman of a Group of Ministers GoM on vacation of 3G spectrum which,he said,had nothing to do with 2G and its pricing.

The GoM was for vacation of spectrum by the defence and paramilitary forces and the Communication Ministry for mobile telephony and other issues. Pricing was not part of the mandate of the GoM,he said. In a nutshell,I had nothing to do with 2G, he told PTI in an interview.

He also said that details of assets and payments received by Indian citizens in several countries have started flowing in and are being investigated. Information about wealth stashed away in Swiss banks by Indians is expected by the government before the end of the year,he indicated after pointing out that India had signed a Double Taxation Avoidance Treaty with Switzerland.

 

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