Last week, one was dumbfounded when Union Telecom Minister Kapil Sibal tried to insult the intelligence of the entire nation while stating that the 2G scam did not cause any loss to the nation. Though his arguments seemed convincing, they were heavily flawed.
BJP's strategists believe that if a JPC probe is ordered then they can use the issue for a longer period of time (Assembly Polls in certain states next year and General Elections in 2014). Also, the members of the JPC can keep on widening the scope of the inquiry, and can even summon the Prime Minister to appear before it.
Ratan Tata would be well advised to sack the lobbyist, withdraw the petition from the Supreme Court and let the tapes remain in the public domain. Otherwise he risks damaging his reputation forever which will be a sad thing. As for the tapes, they will remain in public domain (the Internet is too vast to be covered by a court injunction).