Five businessmen, including Essar Tele Holding promoters Ravi Kant and Anshuman Ruia and Loop Telecom promoters Kiran and I P Khaitan, all acused in the 2G spectrum allocation case, were granted bail today by a special Central Bureau of Investigation (CBI) court.
The court, however, charged the Ruias and Khaitan, along with Vikas Saraf, director-strategy, Essar Group, with crinimal conspiracy and cheating.
|IN THE LOOP
A special court framed charges against five executives, including billionaire Ravi Ruia of the Essar conglomerate, on Friday, besides granting them bail. The case against them:
|* The Ruias owned 33% in… Continue reading|
Charges were today framed against Mr Ravi Ruia and Mr Anshuman Ruia, promoters of Essar Group, and Mr Kiran Khaitan and Mr I. P. Khaitan, promoters of Loop Telecom, by a special court hearing the 2G spectrum scam case.
The Special Judge, Mr O. P. Saini, also granted bail to the Ruias, Khaitans, and fifth accused, Mr Vikash Saraf. All the eight accused in the case including three telecom firms — Loop Telecom, Loop Mobile India, and Essar Teleholdings — pleaded not guilty and claimed trial.
All five accused persons and three companies have been charged with criminal conspiracy (Section 120B IPC) to cheat (Section 420 IPC) the Department of Telecommunications (DoT) which believed the Loop Telecom claim that it met the eligibility conditions under Clause 8 of the UAS licence guidelines and, therefore, issued it Letters of Intent, UAS licences and spectrum.
Mr Vikash Saraf… Continue reading
A special court here on Friday framed charges of criminal conspiracy, with the intention to cheat the telecom department, against Essar Group and its promoters Anshuman Ruia and Ravi Ruia as well as Loop Telecom and its promoters I.P. Khaitan and Kiran Khaitan in connection with the 2G spectrum allocation scam case.
Special CBI judge O.P. Saini charged the Ruias and Khaitans and three companies — Loop Telecom Ltd, Loop Mobile India Ltd and Essar Teleholdings Ltd — for misleading the department of telecommunications (DoT) for issuance of Unified Access Service (UAS) licences in 21 telecom circles in the country. The four persons and the companies have been charged under IPC Section 120-B (criminal conspiracy) read with Section 420 (cheating). Essar Group director (strategy and planning) Vikas Saraf was charged with IPC Sections 120-B and 420 (criminal conspiracy as well as cheating). The court also granted bail to all the… Continue reading
A Raja, former telecom minister and prime accused in the 2G spectrum scam, got bail from a CBI special court on Tuesday and walked out after 15 months in jail.
Raja emerged from the Tihar Jail to slogan-shouting and bursting of crackers by DMK workers. The 49-year-old MP drove to his Motilal
Nehru Marg home in the capital and was ushered in with an aarti amid the beating of drums and distribution of sweets.
Raja, who was forced to resign as minister in November 2010, was the first accused to be arrested in the 2G scam — India’s biggest corruption case — and the last one to apply for and get bail.
Thirteen other accused are already out of jail.… Continue reading
Chennai, May 15 — Tamil Nadu Chief Minister J. Jayalalithaa Tuesday said the 2G spectrum allotment scam case seemed to be getting diluted with the bail granted to former communications minister and the main accused A. Raja.
Queried about the bail granted to Raja, she told reporters here: “I am hearing about it from you only now. It definitely looks as though it is (2G case) getting diluted.”
Raja, lodged in the Tihar jail in Delhi since February 2011, was Tuesday granted bail by Central Bureau of Investigation (CBI) special judge O.P. Saini.
When asked about Union Home Minister P. Chidambaram’s role in the Aircel-Maxis deal, Jayalalithaa said: “It is up to (Janata Party chief ) Subramanian Swamy to substantiate his allegations, and it is up to Minister Chidambaram to defend himself. In a situation like this, the only hope is the Supreme Court.”
Meanwhile, DMK party workers in Perambalur… Continue reading
New Delhi: Over 15 months after his arrest, former telecom minister A Raja was on Tuesday granted bail by a Delhi court in the 2G spectrum case.
“The bail application is allowed,” Special CBI Judge O P Saini said. The court granted bail to the DMK MP on a personal bond of Rs 20 lakh and two sureties of the same amount.
The court while granting bail imposed conditions on Raja that he will not visit Tamil Nadu without its prior permission and will not go to the office of the Department of Telecom (DoT).
The court, in its 14-page bail order, also said that Raja would not try to influence any witnesses while on bail. Raja was arrested on February 2, 2011.
Reacting to the news, Tamil Nadu chief minister J Jayalalithaa said the 2G scam case was getting diluted.
Meanwhile, the DMK welcomed the decision. “We welcome the… Continue reading
Raja’s counsel told reporters that the judge called Raja towards him and told him: “Your bail application is allowed.”
“The bail application is allowed,” Special CBI Judge O P Saini said.
The court granted bail to the DMK MP on a personal bond of Rs 20 lakh and two sureties of the like amount. The court while granting bail imposed conditions on Raja that he will not visit Tamil Nadu without its prior permission… Continue reading