Contract for procurement of redundant Cordect technology by TN Circle from MS Midas Communications is terminated by validation committee since it failed to meet technical requirements. Bank guarantee of Midas communications worth Rs 2 crores ceased by BSNL. The appeal of Midas Communications against termination of contract by BSNL in Hon’ble Madurai Bench of High Court of Chennai will be heard on 02.08.2010. Interestingly, Dr Ashok Jhunjunwala was on board of directors of both BSNL and Midas Communications when BSNL decided to procure obsolete technology, raising serious issues about the role of Dr Jhunjunwala in forcing BSNL to procure redundant technology from Midas Communications.
This Association relentlessly and courageously pursued the matter with CVC to expose the big fraud that procurement of Cordect technology was. We are extremely thankful to CVC for their timely, serious and effective intervention in directing DOT to get to the root of the issue that forced DOT to initiate serious investigation into the whole issue.
However, this Association stands committed to severely take to task concerned highly corrupt officers of BSNL Co who were having a close and unholy nexus with Midas Communications and were consistently coercing TN Circle to place the orders for purchase of obsolete equipment from Midas communications. These corrupt senior officers who stand fully exposed need to be sent to gallows for playing with resources of BSNL. We shall not spare them, even though they have started escaping here and there from the sensitive positions they held in BSNL Co which they grossly abused to develop unholy nexus and commit virtual frauds.
This Association has however greatest satisfaction of saving precious Rs 35 crores of BSNL which would have been surely squandered away but for timely and relentless intervention of this Association.
Yes true, BSNL so happy to pay billion dollars to fraud technologies by foreign companies where they do not even validate what it is.But IITians from India formed a company to help Indian rural communication and promote India in the world market got the very big name from you guys. If their moto is to only make money they dont need to be here,they can be in US or any other foreign country like others,they did not, they will not do, they are figthing in India, you are joking with them. Where is India, one side you pan the equipments from chineesh telecom provider Huawei as not secured to use in India, other side you dont allow Indian team to provide the product. Good. Remember that they made every INDIAN proud by exporting telecom products to more than 30 countries, please dont forget this. If you dont help them atleast dont abuse them.
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