Ex-ISRO chief can’t hold top posts: CAT

  • HT Correspondent, Hindustan Times, Thiruvananthapuram
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  • Updated: Mar 09, 2013 00:42 IST

The Central Administrative Tribunal on Friday dismissed former ISRO chairman G Madhavan Nair’s plea seeking quashing of the Centre’s decision to debar him from holding top government posts for his alleged role in the controversial Antrix-Devas deal.

A probe by the central vigilance commissioner found serious irregularities in the deal under which Antrix, the commercial arm of the Indian Space Research Organisation, was to provide S-band spectrum to Devas Multimedia Private Ltd by leasing out transponders of two satellites to be built mainly for Devas.

The CAG estimated that the deal cause a loss of about Rs. 2 lakh crore to the exchequer and the deal was cancelled by the central government.

 

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