It may seem strange that when a government cancels a potentially scandalous contract in order to restrict possible losses to the exchequer, it still ends up paying. And yet, this exactly what is happening with the continuing fallout of the controversial Antrix-Devas deal.
The first arbitration outcome saw the Indian government receiving a fine of Rs. 4,500 crore for unilaterally terminating the contract with Devas. The second, delivered a penalty of $1 billion.