CAG not just 'munim', can comment on govt expenditure: SC

October 01, 2012 12:59

Just In: The Supreme Court on Monday dismissed the petition challenging CAG's power to examine coal block allocations.

The Apex court said that "the office of CAG is not a munim's office ..it's a constitutional body." The judges said that if the CAG has exceeded his brief, it's upto Parliament to debate and resolve the problem.

The plea challenged the CAG's report on coal, which said that by allocating coal fields without transparency the government allowed private firms to benefit by upto 1.86 lakh crore. The man who filed the case described himself as an economist and said the CAG's findings were faulty and the report should be declared invalid.

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