Union finance minister Nirmala Sitharaman on Tuesday said the Supreme Court order upholding liquidation of the Devas Multimedia "is a comprehensive one, while accusing the previous Congress-led UPA government of entering into a fraud and scandalous deal with the company by allocating S-band spectrum used by the defence for pittance, reports hindustantimes.com.

"The deal was terminated amid allegations of corruption by the Manmohan Singh government in 2011," it adds.

Addressing a press conference, Sitharaman said, “Antrix appeared in agreement with Devas in 2005 during the UPA government. It was a fraud deal. Fraud on people of India. Fraud against the country.”

Sitharaman said this kind of selling of primary endowments like wavelengths, satellites or spectrum band, giving it away to private parties and making money from private parties and making a deal out if it marks the feature of the Congress governments.

“In 2011, when the whole thing was cancelled, Devas went to international arbitration. The government of India never appointed an arbitrator, was reminded to appoint arbitrator within 21 days, but the government did not appoint,” she added.