15 December 2010

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2G scam: CBI raids Radia and associates and other officials -

2G scam: CBI raids Radia and associates
and other officials -

The CBI had registered a case on October 21, 2009 against unknown department of telecom officials and private persons and companies for allegedly causing loss of Rs 22,000 crore to the exchequer

The Central Bureau of Investigation (CBI) conducted raids at the New Delhi office and residence of corporate lobbyist Nira Radia and former TRAI chairman Pradeep Baijal in connection with the 2G spectrum scam .

Radia's office - Vaishnavi Corporate Communications - and her Sainik Farms house in south Delhi were searched by the CBI.

TRAI chairman Pradeep Baijal retired in year 2006 after serving as TRAI chairman for nearly three years.
CBI searched his house also.

Currently TRAI chairman Pradeep Baijal is working with the Radias firm he joined radia in year 2009.

CBI also took Pro-LTTE magazine Nakeeran's editor Kamaraj into custody for further questioning.

A Raja's brother was also taken for questioning in Chennai.

CBI found the name of Mahesh Jain in the diary of A.Raja.
It is said that Mahesh Jain is a hawala dealer.
CBI searched the home of the Mahesh Jain also.

CBI raided Jegath Gaspar, who is known to be close to the DMK family as well as
Tamil Maiyam, an NGO in which DMK MP Kanimozhi is on the Board of Directors, also raided.

Daulat Jain, brother of Mahesh Jain and Raja's Chartered accountant Ganpati Subramanium's were also raided.

Sadiq Basha, a key aide of Raja and a real estate promoter, was picked up by CBI for questioning.
The CBI also conducted raids at the residence of Raja's brother and sister at Srirangam in Tiruchirappalli district.

Raids were also conducted at the residences of former telecom secretary Siddarth Behura, Chandolia, member Telecom Commission K Sridhar and deputy director general in the department of telecom A K Srivastava.

Janata Party President Subramanian Swamy filed a petition in a Delhi court asking for a criminal case to be lodged against former Telecom Minister A Raja in the 2G spectrum case.

After hearing Swamy, the court reserved its order for January 7, 2011 on his complaint also seeking prosecution of former Telecom Minister A Raja in the case.

Updated on Friday, December 17, 2010

The Supreme Court directed investigation into the granting of 2G spectrum licences between 2001 to 2008.

Central Bureau of Investigation (CBI) and Enforcement Directorate (ED) will place the progress report of the investigation in a sealed cover before the Supreme Court on February 10, 2011.

SC also directed CBI to investigate the role of PSU banks in granting loans in 2G scam and if Department of Telecom (DoT) officials were signatory to the licence agreement.

SC also asked and directed CBI to investigate why the telecom regulator did not take action against the ineligible licencees.

SC also asked the CBI to investigate why TRAI did not take action against the ineligible licencees.

The court also directed that the investigation should have its emphasis on loss to the public exchequer.

The Directorate of Income Tax was also asked to hand over the transcripts of the tapped conversations including those involving corporate lobbyist Nira Radia

Reality views by sm –
Wednesday, December 15, 2010


Bikram December 15, 2010  

but all these raids are they going to do something ...
will anything happen

BK Chowla, December 15, 2010  

Nothing will come out of these raids. It is a complete eyewash

sm,  December 15, 2010  

nothing will happen, it will take more than 20 years.
justice delayed is justice denied

sm,  December 15, 2010  

BK Chowla,,

Nrupen Masram December 16, 2010  

Hi SM I am sure no one will get punished there will be no justice.

India All Set To Make Itself Bankrupt

sm,  December 16, 2010  

Nrupen Masram,,

Rama Ananth December 18, 2010  

No use sm, it is of no use, our country is doomed if we have such people running it.

sm,  December 18, 2010  

yes future is not bright