2G SPECTRUM SCAM: Siddhartha Behura declared Swan Telecom eligible for 2G: CBI

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Press Trust Of India / ibnlive.in.com / Updated Aug 29, 2011 at 09:52pm IST.

New Delhi: The CBI on Monday told a Delhi court that former Telecom Secretary Siddhartha Behura had 'declared' Swan Telecom an eligible firm for grant of 2G spectrum license.

Behura joined the Department of Telecommunication (DoT) in January 2008 and on January 9, he passed a note that Shahid Usman Balwa-promoted Swan Telecom was a eligible firm for grant of 2G licence, Special Public Prosecutor UU Lalit said.

The prosecutor said there was sufficient evidence against all the accused, including Behura, to proceed with their trial.

"Behura joined DoT in January 2008. His note of January 9 says that Swan Telecom was eligible... He joined the DoT and he could not be held privy to what happened prior to his joining but he held Swan Telecom eligible despite various questions being raised about it within the department. The noting of January 9 was the first manifestation of his involvement," Lalit told Special CBI Judge OP Saini while wrapping up his arguments on framing of charges against all 17 accused.

Lalit rejected the plea of Behura that he cannot be "said to be the a part of the conspiracy" as he joined DoT only days before distribution of LoIs (letter of intents) to firms on January 10, 2008.

Rest at,

http://ibnlive.in.com/news/behrua-declared-swan-telecom-eligible-for-2g-cbi/179648-3.html

                    

2G SPECTRUM SCAM: Loss of Rs 1.76 lakh crore hypothetical, trial untenable - Swan.

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PTI / The Hindu / NEW DELHI, August 4, 2011.

The affordable billing of “one paisa per second” could not have become a reality had government auctioned 2G licenses as suggested by CAG, Swan Telecom on Thursday told a Delhi court and sought discharge saying the “hypothetical” loss of Rs 1.76 lakh crore cannot be a ground for its prosecution.

“The act of causing possible and hypothetical loss of Rs 1.76 lakh crore to the state exchequer, which the government is denying, cannot be a ground for criminal prosecution of a company.”

“Such issues are policy decisions and the government has to frame policies by keeping in mind the social upliftment of its people and revenue generation and if government would have gone for auction of licenses, then the billing of one paise per second could not have become a reality,” Amit Desai, counsel for Swan, now Etisalat DB, told CBI Judge O.P. Saini.

The courts should not interfere with the policies of the government. The policy can be bad but cannot be “criminal” as the state has to ensure the welfare of citizens besides revenue generation, he contended.

Mr. Desai, arguing for the firm which is also an accused besides its promoter Shahid Usman Balwa and director Vinod Goenka, said “the company, being a juristic person, did not commit any criminal act. At best, CBI could have used it for identifying Balwa and Goenka.”

Companies being Corporate Citizens could very well commit criminal & civil acts and their Directors are prosecuted for that! 

Full Story at,

http://www.thehindu.com/news/national/article2322262.ece

2G Spectrum Scam: Balwa seeks stay on his trial!

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HT Correspondent, Hindustan Times, New Delhi / August 02, 2011.

Seeking immediate stay on proceedings against him in 2G-spectrum trial, Swan Telecom promoter Shahid Balwa cited a note by the ministry of corporate affairs (MCA) stating his company is not an associate of Reliance Telecom. The Central Bureau of Investigations had chargesheeted Balwa and his telecom firm, for forging his application in the allocation of 2G-spectrum licenses. The agency alleged it was a face for Reliance telecom, which had already availed the 2G licenses, and it was promoting Swan to get more similar licenses.

Majeed Memon counsel for Balwa said, “As per a news report, the MCA told CBI that Swan Telecom, now Etisalat DB, and Loop Telecom were not associates of Reliance Telecom and Essar respectively."

Balwa’s counsel told the special CBI judge OP Saini that if this is the existing position, then by which standards is CBI asking to frame charges. The trial and framing of charges be stayed forthwith, he said.

Full Story at,

http://www.hindustantimes.com/Balwa-seeks-stay-on-his-trial/Article1-728669.aspx

2G Spectrum Scam: Swan Telecom is a front company of Reliance ADAG - CBI!

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Published on Thu, Jul 21, 2011 at 20:54 |  Source : PTI / moneycontrol.com.

The Central Bureau of Investigation (CBI) on Thursday claimed that Swan Telecom is a front company of Reliance Anil Dhirubhai Ambani Group while arguing in the 2G spectrum allocation scam case. Beginning the argument in the case in a special CBI court in New Delhi, the investigating agency charged former telecom minister A Raja and his secretary RK Chandolia with favouring Swan Telecom and Unitech Wireless.

The CBI also claimed that Spice Telecom's licence eligibility was better than Swan Telecom and Unitech Wireless. Raja also reportedly delayed Tata Telecom's application for dual technology.

Arguing before the court of Special CBI Judge OP Saini the agency claimed that offences in 2G scam have been in five broad areas - cut off dates, first come first serve, dual technology, eligibility norms and cheating the Government of revenue.

The chargesheet filed by the CBI in the 2G scam case runs into over 80,000 pages.

Earlier, the court allowed the Income Tax department to interrogate six accused, including Raja, arrested for their alleged involvement in the 2G scam, in judicial custody itself.

Full Story at,

http://www.moneycontrol.com/news/business/swan-telecom-isfront-companyreliance-adag-cbi_567789.html

2G Spectrum Scam: Behura favoured Swan Telecom: CBI to court!

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Submitted by Newsleaks on July 8, 2011 – 12:08 am.

Former telecom secretary Siddhartha Behura, an accused in the 2G spectrum allocation scam, doctored the list of applicants to extend undue benefits to Swan Telecom, the Central Bureau of Investigation (CBI) told the Delhi High Court Thursday.

The court will resume the hearing on the bail application of Behura July 21.

“The role and complicity of Behura in the case is very clear as he legitimized the application of ineligible firm Swan Telecom Private Ltd. and compromised with the seniority list of the applicants to extend undue benefits to it,” the CBI informed Justice Ajit Bharihoke.

Full Story at,

http://newsleaks.in/behura-favoured-swan-telecom-cbi-to-court/

2G Spectrum Scam: CBI probe of money trail in 2G scam in Mauritius on right track!

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VINAY KUMAR / THE HINDU.

In a major step forward in the ongoing probe into the 2G scam, the Central Bureau of Investigation (CBI) said on Monday that the Supreme Court of Mauritius has directed the island nation’s Attorney-General to provide all information sought by it through letter rogatory (LR).

“The Supreme Court has allowed the investigation to be carried out in the manner specified in the letter rogatory sent by the Indian agencies,’’ CBI sources said. They said the next step would be gathering of information from the custodians of information which may include fund managers and banks. Hopefully, the information would be available by June-end, the sources indicated.

A four-member team — two each from the CBI and Enforcement Directorate (ED)— is in Mauritius as part of its efforts to gather information about the antecedents of Delphi Investment, which had purchased Reliance Communications’ 9.9% stake in Swan Telecom as also to track the source of funding of Loop Telecom.

Whatever, CBI and ED are responsible for ferreting out around Rs. 34,000/- Crores of sleaze money in connection with 2G Spectrum Swindle.

"Where is all the sleaze money of atleast Rs. 35, 200 to Rs. 33, 600/- Crores of 2-G Spectrum gone???" @ http://prmadhura3.blogspot.com/2011/05/where-all-sleaze-money-of-atleast-rs-35.html

Full story at,

http://www.thehindu.com/news/national/article2062739.ece