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Congress entered into 'fraudulent' deal with Devas Multimedia: Sitharaman

The 2005 agreement was 'a fraud on people of India, fraud against the country,' she said, adding the S-band spectrum, which is otherwise used for defence purposes only, was given away for pittance

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Union Finance Minister Nirmala Sitharaman during a press conference at the National Media Centre, in New Delhi on Tuesday. Pic/ PTI

Union Finance Minister Nirmala Sitharaman during a press conference at the National Media Centre, in New Delhi on Tuesday. Pic/ PTI

Finance Minister Nirmala Sitharaman on Tuesday accused Congress-led UPA of entering into a "fraud" and "scandalous" deal with Devas Multimedia by allocating S-band spectrum used by the defence for "pittance".

At a press conference, she said the government is now fighting in every court to save taxpayers' money that would otherwise go towards paying for arbitration awards that Devas has won against the cancellation of the 2005 deal.

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