2G scam verdict

Former telecom minister A Raja, DMK MP Kanimozhi and all other accused were acquitted in the politically-sensitive 2G spectrum allocation scam cases by a special court which held that the prosecution “miserably failed” to prove the charges.

The fifteen other accused allowed to walk free include former Telecom Secretary Siddharth Behura, Raja’s erstwhile private secretary R K Chandolia, Swan Telecom promoters Shahid Usman Balwa and Vinod Goenka, Unitech Ltd MD Sanjay Chandra and three top executives of Reliance Anil Dhirubhai Ambani Group (RADAG) — Gautam Doshi, Surendra Pipara and Hari Nair.

What
  1. The CBI had alleged that there was a loss of Rs. 30,984 crore to the exchequer in allocation of licences for the 2G spectrum which were scrapped by the top court on February 2, 2012.
  2. Raja and Kanimozhi, daughter of DMK supremo M Karunanidhi, were also let off in another case lodged by the Enforcement Directorate under the money laundering law arising out of the 2G scam.
  3. Special CBI Judge O P Saini, whose court came into being on March 14, 2011 for hearing 2G cases exclusively, also acquitted Essar Group promoters Ravi Kant Ruia and Anshuman Ruia and six others in a separate case arising out of the 2G scam probe. Besides Ruias, Loop Telecom Promoters I P Khaitan and Kiran Khaitan and Vikash Saraf, one of the Essar Group Directors, Loop Telecom Ltd, Loop Mobile (India) Ltd and Essar Teleholdings Ltd were also acquitted.
  4. The first case, prosecuted by CBI, had 17 accused, while the second matter, pursued by ED, had 19 undertrials.
  5. The third one had eight accused including Essar promoters. The verdict was hailed by all accused including Raja and Kanimozhi who were greeted with cheers from party colleagues present in court premises.
  6. Initially, the CBI lodged an FIR on October 21, 2009 against unknown officers of DoT, unknown private persons and firms and others and later the apex court took up the matter leading to resignation of Raja and his subsequent arrest. The alleged scam had then rocked the UPA government. In its charge sheet filed in April 2011 against Raja and others, the CBI had alleged that there was a loss of Rs. 30,984 crore to the exchequer in allocation of licences for the 2G spectrum which were scrapped by the top court on February 2, 2012.
  7. The second case was lodged by the Enforcement Directorate with regard to alleged laundering of Rs. 200 crore bribe money against Raja, Kanimozhi and 17 others.
  8. The trial in the third case, arising out of the 2G scam probe, was conducted against Essar promoters — Ravi Kant Ruia and Anshuman Ruia — and six others.
  9. The CBI had named them in its charge sheet on December 12, 2011, alleging they had cheated the Department of Telecommunication by using Loop Telecom as a “front” to secure 2G licences in 2008.

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