Karim Morani director owner of Cineyug sent to 14 days Judicial Custody in 2G scam

Karim Morani director owner of Cineyug sent to 14 days Judicial Custody
in 2G scam

Delhi court, The Patiala House Court today dismissed bail plea of Cineyug Films Director Karim Morani in the 2G spectrum case.



CBI Special Judge O.P. Saini said: 'Accused Karim Morani's bail is dismissed. He should be taken into custody.'

CBI, in its second charge sheet in 2G case, had alleged Swan Telecom and Dynamix Realty Promoters Shahid Usman Balwa and Vinod Goenka channeled Rs 200 crore to DMK-run Kalaignar TV through Kusegaon Fruits and Vegetables Pvt Ltd and Morani's Cineyug Films Pvt Ltd.

The CBI said Morani took six Crore for facilitating this Rs 200 Crore transaction.

Now bollywood financer, owner of Cineyug and Director Karim Morani will go to Jail.

Now Karim Morani will file application in High Court for the Bail.

In another development The Comptroller and Auditor General, Vinod Rai, on Monday appeared before the Joint Parliamentary Committee (JPC) probing the 2G spectrum scam.

JPC chairman PC Chacko had asked Vinod Rai to explain how the government auditor quantified the losses in the spectrum allocation at Rs 1.76 lakh crore.

According to the chargesheet filed by the Central Bureau of Investigation (CBI), the loss to the exchequer is pegged at 30,984 crore rupees.

But CAG report said that government of India that is citizens of India, population of India
Lost Rs.1.76 lakh crore in estimated revenue because of 2G corruption scam.


Reality views by sm
Monday, May 30, 2011

Keyword Tag – Karim Morani 2G scam Judicial Custody