New Delhi: Essar promoters Ravi and Anshuman Ruia, and Loop Telecom’s Kiran Khaitan and IP Khaitan have been charged with conspiracy while Essar’s Director for Strategy and Planning Vikash Saraf has been charged with cheating and conspiracy in the 2G spectrum allocation scam. The Special Central Bureau of Investigation (CBI) court also granted them bail on a surety bond of Rs 5 lakh each while charging them.
Advancing arguments on framing of charges, CBI counsel A K Singh said Loop Telecom played “hide and seek” with the Department of Telecom (DoT) and concealed information from it regarding their relationship with Essar Group.
Referring to the conduct of Loop Telecom, he said, “first the company had not filed the clause 8 (of the Unified Access Services Licences guidelines) certificate which was mandatory to be submitted at the time of filing of the application (for spectrum) and secondly, when it gave… Continue reading
New Delhi: A Delhi Court will pronounce its order on Friday on farming of charges against Essar group and Loop Telecom promoters for allegedly committing offences of cheating and criminal conspiracy for obtaining the 2G spectrum licences from government.
“Put up for order on May 25. All the five accused person shall remain present in the court in person (on May 25),” Special CBI Judge OP Saini said after the CBI concluded its arguments on framing of charges on May 11.
The five persons who face the CBI charges of cheating and criminal conspiracy in the case are Essar group promoters Ravi Ruia and Anshuman Ruia and Loop Telecom promoters I P Khaitan and Kiran Khaitan, besides Essar group Director (Strategy and Planning) Vikash Saraf as accused in the case.
Besides the five, the CBI has also named in its charge sheet, filed on December 12, three companies, Loop… Continue reading
New Delhi, May 25 (PTI) Promoters of Essar Group and Loop Telecom were today granted bail by a Delhi court in connection with a case arising out of the 2G spectrum allocation scam. Essar group promoters Ravi Ruia and Anshuman Ruia and Loop Telecom promoters I P Khaitan and Kiran Khaitan, besides Essar group Director (Strategy and Planning) Vikash Saraf were directed by the court to furnish personal bail bond of Rs five lakh each and two sureities of like amount. Special Judge O P Saini also fixed July 26 to commence the trial against them by framing charges of conspiracy to cheat the government. While the court said that all the accused were charged with the offence under Section 120 B (criminal conspiracy) read with Section 420 (cheating) of IPC, substantial charge of cheating was made out against Saraf. “You all committed an offence punishable under Section 120 B… Continue reading
New Delhi: Former Union telecom minister A Raja, who has been facing trial in the 2G spectrum allocation scam case, has moved a Delhi court seeking bail.
The accused in the 2G spectrum scam has been behind bars for 15 months. He moved the court for the bail hours after former telecom secretary Siddharth Behura was granted bail by the court.
Notably, as many as 14 people were arrested in the 2G scam case and all but Raja are already out on bail.
A notice in this regard has been given to the Central Bureau of Investigation (CBI) to respond to Raja’s bail application. The matter will be heard on May 11.
New Delhi: Unitech Ltd, facing trial in the 2G spectrum allocation case, had readied itself four months in advance with the demand draft to secure the government’s letters of intent (LoIs) for grant of radio waves to it, a former executive of the firm told a Delhi Court on Wednesday.
Mohit Gupta, who worked as an executive in Unitech Ltd from March 2007 to May 2010, told the court that the firm had got its demand drafts ready in October 2007 itself as an “act of preparedness” despite it amounting to blocking huge money.
“This was done despite the fact that it amounted to blocking huge amount of money,” he told Special CBI Judge OP Saini.
Testifying as a prosecution witness, Gupta said Unitech Ltd had prepared the demand drafts in October… Continue reading
New Delhi: NRI businessman Anshuman Mishra’s allegations on Sunday he introduced Public Accounts Committee (PAC) Chairman Murli Manohar Joshi to senior executives of 2G scam accused companies when the panel was probing the 2G spectrum case, could create a storm in Parliament on Monday.
Mishra had also said that Joshi called him seeking funds for elections. Mishra further claimed to have played a role in Joshi’s poll campaign in 2004 and 2009.
The BJP, meanwhile, has rubbished the allegations, calling them “baseless” and “fabricated”.
BJP President Nitin Gadkari hit out at Mishra terming his allegations as nothing but an “expression of frustration” over his failure to make it to the Rajya Sabha.
“Anshuman Mishra’s motivated and selective tirade against some of the top BJP leaders… Continue reading
New Delhi: Union Cabinet is expected to meet and discuss finalising details on whether or not to seek the Presidential reference on the Supreme Court’s order on 2G licences regarding auction of natural resources.
The Cabinet will meet in the evening as it wants clarity on the apex court’s February two verdict on natural resources in the 2G spectrum scam case.
The Supreme Court had said natural resources should be auctioned and the reference is planned to be sought under Article 143 of the Constitution as per which the President can seek clarification from the apex court on its judgements on issues of public interest, the sources said.
The apex court wants to cancel 122 licenses granted in 2008 by then Telecom Minister A Raja.
Senior members of the Cabinet, including Finance… Continue reading