Reacting sharply to a Delhi court verdict, acquitting all accused in 2G Spectrum case, Union minister Arun Jaitley said, “Some parties are treating this verdict as a badge of honour. In 2007-08, Spectrum was not given by auction, but on the basis of price discovery which was based on 2001 prices. Cut-off date was advanced; first-come first-served basis policy was intended to serve a few. It was then changed to first-come first-pay policy. Favourite few were told in advance about the policy. Even the Supreme Court challenged this first-come, first-served policy and quashed it." Several Congress leaders, including former prime minister, Manmohan Singh, welcomed the verdict.
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