A high-level committee, appointed by Prime Minister Manmohan Singh, has completed its probe into alleged irregularities in the controversial S-Band spectrum deal between Devas Multimedia and Indian Space Research Organisation's commercial arm Antrix Corporation.
The Prime Minister had on May 31, this year constituted a five-member high-level team (HLT) under the chairmanship of former central vigilance commissioner Pratyush Sinha to examine various aspects of the controversial agreement between Antrix Pvt Ltd and Devas Multimedia Pvt Ltd.
The HLT was also asked to identify the acts of "omission and commission" by government officials in signing the deal.
"The committee has completed its work," ISRO said in a reply to an RTI query filed by PTI, adding that investigations were being carried out on the basis of the committee's report.
The HLT was formed following the findings of a two-member high powered review committee (HPRC), constituted by the PMO on February 10, 2011, to review the technical, commercial, procedural and financial aspects of the S-Band deal.
The HPRC comprising B K Chaturvedi, member, planning commission, who is a former cabinet secretary, and Prof Roddam Narasimha, member, space commission, had submitted its report on March 12 this year.