Graftbusters to investigate NBTC over 3G auction | Bangkok Post: news

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Graftbusters to investigate NBTC over 3G auction

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The national anti-corruption board yesterday agreed to investigate the 3G spectrum auction over alleged price collusion and violation of the state procurement law. 

The National Anti-Corruption Commission (NACC) set up a sub-committee to probe the 11-member National Broadcasting and Telecommunications Commission (NBTC) which held an auction for nine licences for 3G services on Oct 16.

The auction has been widely criticised for being uncompetitive and generating too low revenues for the state with the total bidding value at only 2.7% above the minimum price.

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