New Delhi: The Comptroller and Auditor General (CAG) has said that the media reports quoting an audit report of a loss of Rs 10.76 lakh crore by not auctioning coal blocks did "not even constitute our pre-final draft and are exceedingly misleading".

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The Prime Minister's Office (PMO) issued an official release quoting excerpts from a letter written by the CAG on Thursday afternoon which clarified that "in the extant case the details being brought out were observations which are under discussion at a very preliminary stage and do not even constitute our pre-final draft and hence are exceedingly misleading".
The CAG said in the letter that "pursuant to clarification provided by the Ministry (of Coal) in exit conferences held on February 9, 2012 and March 3, 2012, we have changed our thinking".
"In fact it is not even our case that the unintended benefit to the allocatte is an equivalent loss to the exchequer. The leak of the initial draft causes great embarrassment as the audit report is still under preparation. Such leakage causes very deep anguish," the CAG letter was quoted as saying the PMO release.