Kanimozhi's Bail Plea Deferred Till May 20


New Delhi, May 14 (IANS) In a temporary relief for the first family of Tamil Nadu, a special Central Bureau of Investigation (CBI) court here Saturday deferred till May 20 the bail plea of DMK MP Kanimozhi along with that of Kalaignar TV chief Sharad Kumar in connection with the 2G spectrum case.

Special CBI Judge O.P. Saini said: "The court will pronounce its verdict on the bail plea of the duo on May 20."

The court had reserved the order on their bail application May 6.

The CBI had named Kanimozhi, daughter of Tamil Nadu Chief Minister M. Karunanidhi who has suffered a rout in the assembly elections, and Sharad Kumar as co-conspirators in its April 25 supplementary chargesheet after it traced an illegal money trail of Rs.214 crore.

The money trail allegedly moved from Dynamix to Kusegaon and then on to Cineyug -- all part of the DB Group that promoted Swan Telecom - ending with Kalaignar TV. The channel had earlier stated that the Rs.214 crore was a loan and paid back with interest.

DMK MP A. Raja has been accused of allowing the sale of spectrum licenses to telecom companies at low prices in 2008 when he was communications minister, allegedly causing huge losses to the exchequer. He is already in jail.

  

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Title: Kanimozhi's Bail Plea Deferred Till May 20



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