Highlights

  • Govt fighting in every court so Devas does not get away with Antrix deal fraud, says FM
  • FM: the deal was done against national security
  • ''Supreme Court order shows how the UPA government indulged in wrong practices"

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FM hits out at UPA, calls Antrix-Devas deal 'fraud' says Govt will fight it in every court

SC upheld the NCLT verdict which ordered winding up of Devas after the controversial deal was cancelled earlier.

Finance Minister took centre stage as she addressed the Antrix-Devas deal as the Union Minister alleged that both the deal and SC's recent order reflect how UPA indulged in wrong practices.

Also read & watch: The Antrix-Devas issue, from 2005 to the SC order all you need to know

"I would like to talk on Supreme Court judgment on Devas-Antrix issue. SC has given a comprehensive order. UPA got cancelled this deal in 2011. It was a fraud deal," said FM

She added that the deal was done against national security and it should be Congress party's turn to tell how this kind of fraud was perpetrated on people of India

The FM said, "This kind of selling of primary endowments like wavelengths, satellites or spectrum band, giving it away to private parties and making money from private parties & making a deal out if it marks the feature of the Congress govts."

The FM added that in 2011, when the whole thing was cancelled, Devas went to international arbitration. Hitting out at UPA government, she said, "Govt of India never appointed an arbitrator, was reminded to appoint arbitrator within 21 days, but govt didn't appoint.

Addressing the media, the Union Minister said that the domestic commercial deal is roughly of $522.5 bn , and the Narendra Modi-led government fighting in every court so that Devas does not get away with Antrix deal fraud.


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