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| Wednesday, December 03, 2008 |
| Reliance Communications Probed for Evasions |
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Last Month we were the first one to point fingers at Reliance Communications data reporting practices. An Indian Member of Parliament who supposedly knows that corruption that is taking place within DoT on behalf of Reliance Communications, has directly written to the Central Vigilance Commission seeking an inquiry into RCom's reported data.
CVC has instructed DoT to investigate the matter and submit the report in 12 weeks. Further CVC has ordered investigation against the DoT officials. COAI believes that RCOM has been showing revenues from data services of mobile subscribers as ones from their ISP business and has evaded payment of Rs 352 crores (Rs 3.52 billion) to the government in license fees. While there has been no official word from RCOM, the news would further increase worries on RCOM accounting and reporting practices. |
Published on Wednesday, December 03, 2008 at 12:15 PM  |
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| 1 Comments: |
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Be thankful that they are not billing customers extra. Like any other Indian company they have found a way to evade paying to the Government.
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Be thankful that they are not billing customers extra. Like any other Indian company they have found a way to evade paying to the Government.