2g scam case summary

BJP leader Subramanian Swamy said that annonymous complaints were made against Rajeshwar Singh, who was an honest officer. It also empowered the Government to grant licences on such conditions and in consideration of such payments as it thought fit, to any person to establish, maintain or work a telegraph in any part of India.

Raja had to resign his post as the Minister of Telecom as advised by his party chief on 14th November Bharti AirtelReliance Comm and Vodafone. One thing to be noted is that the loss of Rs.

Devas Multimedia was also charged with contravening the FDI regulations under Fema for assuring foreign investors an annual eight per cent priority dividend in addition to other dividends on cumulative basis, and for one tranche of receipt of funds, issuing a security akin to an External Commercial Borrowing ECB promising higher returns than the ceiling fixed by the Reserve Bank of India.

The guidelines, it said, were been framed in such technical language that meaning of many terms are not clear even to Department of Telecom DoT officers. The question is not yet answered as clearly and convincingly, but of what is known, he has been said to have received a kickback, or bribe, in simple words, of Rs.

Kapil Sibal placed in charge of Telecom Ministry. The DoT decides to issue licences on first-come, first-served basis, advancing the cut-off date from 1 October to 25 September and announcing on its website that those applying between 3. The important questions which arise for consideration in these petitions, one of which has been filed by Centre for Public Interest Litigation, a registered Society formed by Shri V.

The SC orders the original tapes of conversations by Radia. The panel report has named Mr. The alleged kickback was received through a channel of various companies.

Deciding the fate of all accused, including former telecom minister A Raja and DMK leader Kanimozhi Karunanithi, the court opined, "Absolutely no hesitation in holding that the prosecution has miserably failed to prove any charge against any of the accused, made in its well choreographed charge sheet.

The number of deliberate inconsistencies that have been played into this matter are alarmingly appalling.

2G scam: Where’s the missing Rs 76 trillion?

Five years have elapsed since then and finally a resolution seems near with the special Central Bureau of Investigation CBI court, in charge of case, on the verge of completing the hearing. Related Videos 2G spectrum scam: Its demand for a review is rejected.

What Subramanian Swamy, the man who exposed the 2G case, said about the verdict The then Prime Minister angle The court observed issue of grant of licences and issuance of letter of intent LOI by changed criteria, which was justified by Raja, was not placed before the then Prime Minister at the right time.

During his arrest in 2G case, he was backed by his party and its chief Karunanidhi. Raja taking over as Telecom Ministry to the arrest of Mr. Siddharth Behura, who was then telecom secretary, and R. This led to further petitions, and an investigation began in Search SC asks Centre to file status report in Aircel-Maxis deal case The apex court said the Centre should apprise it about the stage of the pending investigation in the case and what needed to be done.

Raja might just be a pawn in the army of the lead conspirators.

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The following is a list of important dates and events from Mr. As a result, the charge of cheating was dropped. Raja was stripped of his responsibilities and Kapil Sibal was made the telecom minister in his place.

Now here comes the role of Ms. One wonders if it has been overstated.

Rs 170,000 crore 2G scam: CAG nails Raja

We have gathered together at Hyderabad to strategize the way forward in light of this startling revelation. In the 2-G Spectrum-Mobile Phones: Niira Radia, a Corporate Lobbyist and he was questioned about the pre-poning the cut-off date by one week for the Spectrum Application in the year Raja is sent to Tihar Jail under judicial custody.

It can be easily concluded that the basic loss that has been incurred has been through this faulty and fraudulent auction. He was arrested later and kept in judicial custody. Chandolia, his Personal Secretary and Mr.

Pradip Baijal and former Telecom Secretary Mr. Swamy petitions the SC for cancellation of the licenses. Antrix was to lease satellite transponders to Devas for allowing it to offer digital multimedia services using the S-band wavelength spectrumreserved for strategic purpose.

The SC refuses Kanimozhi's bail request. Oct 31,  · 2G scam case wasn't one of criminality: Mukul Rohatgi 21 Dec,PM IST The former Attorney General, who was speaking to media after the verdict, said the 2G spectrum allocation scam case was a civil issue.

The Aircel Maxis controversy has its roots in the infamous 2G spectrum scam case when the Supreme Court asked the Central Bureau of Investigation (CBI) to investigate Dayanidhi Maran, the telecom minister before A Raja.

Maran had to resign from the Union cabinet in April Satyam Scam was the big corporate scam that occurred in India in and is also regarded as “Debacle of the Indian Financial System”.After studying about the Satyam Scam in detail, this is best what one can explain about it.

A comprehensive summary of the 2G Spectrum Scam from inception to the present day As the Trial Court is about to deliver judgment on December 21, we are bringing you a blow-by-blow description of this gigantic scam which shook the.

The verdict in the 2G spectrum case by Special Judge OP Saini of the CBI court came as a shock to the nation. The verdict is a major turning point in the country’s politics.

NEW DELHI: Shares of 2G scam-linked companies rose up to 20 per cent in Thursday's trade after a special CBI court in Delhi acquitted all the accused in the 2G scam case. Shares of Unitech rallied per cent to close at Rs on BSE.

2g scam case summary
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