NEW DELHI: The 2G special court on Thursday pronounced its verdict in the multi-thousand crore 2G spectrum scam. Former telecom minister A Raja, DMK Rajya Sabha member Kanimozhi were acquitted by the special CBI court.
The case has also been pending against former telecom secretary Siddharth Behura, Raja’s erstwhile private secretary R K Chandolia, Swan Telecom promoters Shahid Usman Balwa and Vinod Goenka, Unitech MD Sanjay Chandra and three top executives of Reliance Anil Dhirubhai Ambani Group Gautam Doshi, Surendra Pipara and Hari Nair.
Estimated loss to exchequer according to Comptroller and Auditor General: Rs 1.76 lakh crore
Licences given to telecom companies: 122
Chargesheet by CBI: 80,000 pages
Total number of CBI witnesses: 154
Kusegaon Fruits and Vegetables Pvt Ltd directors Asif Balwa and Rajiv Agarwal, Kalaignar TV director Sharad Kumar and Bollywood producer Karim Morani are also accused in the case. Besides these 14, three telecom firms Swan Telecom Pvt Ltd, Reliance Telecom Ltd and Unitech Wireless (Tamil Nadu) Ltd are also facing trial in the case.
After the judgment date was announced, Raja said he has faith in the judiciary. “Let us see,” said Kanimozhi, when asked about it. They were present in the court when the judge announced the date of judgment alongwith all other accused.
The special court has been hearing two separate cases related to 2G spectrum allocation. One is being probed by CBI and the other by the Enforcement Directorate. The date of the verdict assumes significance as it also happens to be the day R K Nagar goes to elections after the demise of the late former CM Jayalalithaa.
According to CBI, Raja was biased in allocating 2G mobile air waves and operating licences to telecom firms, causing a huge loss to the state exchequer.
The CBI chargesheet said Rs 200 crore were transferred from DB Group to Kalaignar TV, which were kickbacks in lieu of allocation of 2G spectrum to Swan Telecom Pvt Ltd.
Enforcement Directorate has filed a separate case related to money laundering alleging that a conspiracy was hatched by Raja, Kanimozhi, DMK supremo M Karunanidhi’s wife Dayalu Ammal and others and that Rs 200 crore were proceeds of the crime.
The CBI has alleged that the promoters of the Essar Group were the real investors and beneficiaries of the spectrum and licences issued to Loop Telecom, which was used as a front company by Essar to acquire 2G licences and spectrum in 2008.