Delhi court grants bail to all accused in 2G related case

Tags: News
Former telecom minister A Raja, DMK MP Kanimozhi and seven others, chargesheeted by the enforcement directorate (ED) in a 2G scam-related money laundering case, were today granted bail by a special CBI court.

"All the bail applications are allowed," Special CBI Judge O P Saini said and asked them to furnish a personal bond of Rs five lakh each and a surety of like amount.

Earlier during the day, the court granted bail to DMK supremo M Karunanidhi's wife Dayalu Ammal, who was also chargesheeted in the case.

83-year-old Ammal was given bail on a personal bond of Rs five lakh with two sureties of the like amount.

The court, however, dismissed the plea of Ammal seeking discharge in the case on the ground that she was not well and was suffering from unsoundness of mind.

ED had chargesheeted 19 accused -- 10 individuals and nine firms -- in the case saying that the transaction of Rs 200 crore, which was allegedly paid to DMK-run Kalaignar TV, was 'not genuine' and it was a 'bribe for grant of telecom licences to DB Group companies'.

Ammal was holding 60% stake in Kalaignar TV while Kanimozhi and Sharad Kumar were holding 20% stake each, the agency had said.

It had also claimed that its probe into the case emanates from 2G spectrum allocation scam and the accused had allegedly conspired and committed offences under provisions of the Prevention of Money Laundering Act (PMLA).

Besides Raja and Kanimozhi, ED had named Swan Telecom promoters Shahid Usman Balwa and Vinod Goenka, Directors of Kusegaon Fruits and Vegetables Pvt Ltd Asif Balwa and Rajiv Agarwal, Kalaignar TV MD Sharad Kumar, Bollywood producer Karim Morani, Ammal and P Amirtham as accused in the case.

They all had moved bail applications which were allowed by the court.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • With RBI’s role diluted, we are moving closer towards a super regulator

    The government and the Reserve Bank of India (RBI) have signed a monetary policy framework agreement last month under which RBI will be committed to b

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Roopen Roy

The making of a digital Bharat

Exactly 20 years ago, Nicholas Negroponte of MIT Media Labs ...

Rajgopal Nidamboor

The eternal radiance of our being

We sense, we sight, we smell, we touch, we hear, ...

Shona Adhikari

Art world celebrates two ‘new’ Cezannes

The focus moves once more to post-impressionist Paul Cezanne, who ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture