The Congress on Thursday hit out at former Comptroller Auditor General of India Vinod Rai after a CBI court acquitted DMK leaders A Raja, who was telecom minister in UPA-1, and Kanimuzhi for lack of evidence.Rai had calculated that the 2G spectrum allocation in 2008, under UPA 1, led to notional loss of Rs 1.76 lakh crore to the national exchequer. “There was no case from the beginning. In fact, it was scam of lies, there was no scam on our part. We did it in accordance with policy prescription that we had at that point in time,” Congress leader Kapil Sibal said. Responding to query on the Supreme Court judgment of February 2012 which cancelled 122 telecom licences that were allocated spectrum in 2008, Sibal said that the apex court passed the judgment in its attempt to do the best it could do in the interest of the nation, and it was a wrong decision. “That (SC cancelling telecom licences) was also a wrong decision. The fact that the Supreme Court rendered a decision doesn’t mean that is necessarily right. “In fact, the kind of environment created by the media, the opposition, by Vinod Rai… The telecom sector is in dire state today and this is entirely because of Vinod Rai and opposition (at that time),” Sibal saidAlso readDMK leader MK Stalin hails ‘historic verdict’ in 2G spectrum allocation caseEarlier, Finance Minister Arun Jaitley on Thursday said the Congress is treating 2G verdict as a “badge of honour”, but there is a need to recollect and check the facts that led to an investigation in the case.The party’s “zero loss theory” was proved to be wrong when the apex court squashed spectrum allocation in 2012, the minister said after a special court on Thursday acquitted all accused in the 2G spectrum scam allocation case.Also readFull text of special CBI court’s judgment in 2G spectrum allocation case Though the trial court verdict says nobody was guilty of corruption, investigating agencies will study the case history and look into it, the minister asserted.

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2G scam verdict: Former CAG Vinod Rai owes Congress apology, nation explaination, says Kapil Sibal