2G Scam: Where has Rs 200 Crore Gone, Asks SC


New Delhi, Jun 13 (PTI): Asking CBI to explain where Rs 200 crore, allegedly diverted to DMK-owned Kalaignar TV in 2G scam, has gone, the Supreme Court on Monday sought the probe agency's response on DMK MP Kanimozhi's bail plea in the case.

A bench of Justices BS Chauhan and Swatanter Kumar, while terming "corruption as the worst form of human rights violation," asked CBI to come out with a status report on the loss to the state exchequer due to the award of 13 licences to one of the telecom operators and trial proceedings in the CBI special court.

The court granted a week's time to CBI to file its response on the three issues and the bail pleas of Kanimozhi and Sharad Kumar, MD of Kalaignar TV.

Kanimozhi and Kumar, named as accused in the second charge sheet for allegedly taking a bribe of Rs 200 crore, were arrested on May 20 after the special court dismissed their bail pleas in the case.

Both Kanimozhi and Kumar have 20% stake each in Kalaignar TV Pvt Ltd which allegedly received Rs 200 crore through a "circuitous" route from Shahid Balwa promoted DB Realty.

Senior counsel Altaf Ahmed and Sushil Kumar Jain, appearing for Kanimozhi and Sharad Kumar during the brief arguments, submitted the accused were not recipients of the spectrum and had merely taken a loan of Rs 200 crore which has been returned.

The argument, however, failed convince the bench which pointed that the charge sheet clearly stated that the so-called amount was not part of a legal transaction.

  

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Comment on this article

  • The Guru, Mangalore

    Mon, Jun 13 2011

    Hon Supreme Court,

    The 200 crores have gone to swiss bank in different names. CBI will not be able to pull the names got these 200 crores, if so then most of the central govt ministers should resign and they will be behind bars including the chairperson (Italiano)

    DisAgree Agree Reply Report Abuse

  • swaminathanP, chennai

    Mon, Jun 13 2011

    under Indian laws and legal system any one can escape after committing any crime

    DisAgree Agree Reply Report Abuse


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