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2G case: Court to hear final arguments on Oct 19

PTI | | Updated on: Jan 22, 2018

A special court would hear the remaining final arguments in the 2G spectrum allocation scam case and a related money laundering case, in both of which former Telecom Minister A Raja, DMK MP Kanimozhi and others are facing trial, in the next few weeks.

Special CBI Judge O P Saini fixed October 19 to hearing the matter in which CBI had earlier alleged that accused Swan Telecom Pvt Ltd (STPL) was a “front company” of Reliance Anil Dhirubhai Ambani Group (ADAG) which had infused Rs 28.29 crore to increase its net worth for bagging radio waves for Jammu and Kashmir telecom circle in 2007.

Special public prosecutor Anand Grover, whose arguments are yet to conclude, had highlighted the funding of Swan Capital Pvt Ltd, which later became STPL, and termed the infusion of Rs 28.29 crore into it as a “sham transaction.”

The court also fixed November 3 for hearing final arguments in 2G scam—related money laundering case in which Raja, Kanimozhi and 17 others are facing trial.

Enforcement Directorate (ED) had earlier told the court that Rs 200 crore as “illegal gratification” was transferred to DMK—run Kalaignar TV by DB group firm through a “circuitous route” in return for grant of 2G spectrum to STPL by Raja.

In the case registered by CBI, STPL and its promoters, Shahid Usman Balwa and Vinod Goenka, and three top executives of Reliance ADAG —— Gautam Doshi, Surendra Pipara and Hari Nair, are facing trial in the 2G spectrum allocation case along with Raja, Kanimozhi and others.

Besides them, former telecom secretary Siddharth Behura, Raja’s erstwhile private secretary R K Chandolia, Unitech Ltd MD Sanjay Chandra, Directors of Kusegaon Fruits and Vegetables Pvt Ltd Asif Balwa and Rajiv Agarwal, Kalaignar TV Director Sharad Kumar and Bollywood producer Karim Morani are also accused in the case.

Published on October 08, 2015
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