Sunday, April 01, 2012

CAG Report: COALGATE was an April Fools Prank

CAG today came out with a note its COALGate Report was an April Fools prank, and that it had succeeded in making a fool out of all Indians (well almost all...). It also clarified that media was their hand in gloves partner. CAG chief thanked the Indian media in helping them play out this prank on Indians and on foreign investors.

Meanwhile, a high ranking minister, in the government who had not yet read this report challenged the CAG chief to sell the coal block at 50% of the alleged loss, adding that there are basic and fundamental errors in the report.

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