Chief Minister Manohar Parrikar said that different figures have been calculated by various agencies as to the loss to the State exchequer, which is based on the international market value of the ore, at the time of investigation.
As per the Public Accounts Committee (PAC), the loss is Rs 4000 crore, the Chartered Accountants reveal the loss to the tune of Rs 1508.59 crore and Comptroller Auditor General of India (CAG) has pegged it Rs 1922 crore, he said.
“The total recovery we have done is between Rs 1400 to Rs 1500 crore so far, which is done through various means like auctioning of ore,” Parrikar said.
“Through e-auctioned ore, we have recovered around Rs 1042.46 crore and another Rs 445 crore through royalty and other payments. So the net recovery value comes to Rs 1487 crore,” the Chief Minister said adding, “Around Rs 250 crore we have paid back to the miners as extraction cost.”
He said that an amount of Rs 72 crore, belonging to trader Imran has been seized by the government and from another miner, Vaikunt Kadnekar, an amount of Rs 6.47 crore has been recovered directly and another Rs 47 crore through e-auction of ore.
The Chief Minister said that the recovery proceedings against others would be initiated after details of the investigation. “We just can’t go and recover it. The difference between the exact loss and the amount to be recovered is like sky and blue sea… we have to also follow all the procedures to ensure it is not challenged legally,” he said.
“The recovery acts include issuing show cause notices for payment… if the defaulter don’t make the payment then it is attaching the property, etc,” he explained.
