The CAG (Comptroller and Auditor General) reported that substandard steel was chosen which helped Fincantieri to bag the contract quoting lower cost.
The Comptroller and Auditor General of India report said that the deal Vijayan had struck as electricity minister in 1998 with Lavalin, a Canadian firm, for the repair of three generators, was a huge fraud and had cost the state exchequer a staggering Rs 3.76 billion.
Shriprakash Jaiswal who mostly stayed out of the political spats and media, came into limelight when the scam, Indian coal allocation scam got highlighted all over media through a leaked Report of Comptroller and Auditor General of India(CAG) in August 2012.
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crores on Mukesh Ambani's company for the sharp drop in production of gas and violations mentioned in CAG's 2011 report.