IDC operations by NxtGen

Bharat Sanchar Nigam Ltd (BSNL) management is showing its generosity towards its contractor NxtGen, which committed fraud, by declaring that it has recovered the entire unreported revenue from the company by recovering Rs 1.29 crore as revenue share plus interest of Rs 21.34 lakh. Whereas, the fraud is estimated to be between Rs 50 crore to Rs 150 crore depending on the horizon of fraud the investigating agencies could unearth at this belated stage and methodology of penal interest rate applied.