New Delhi: Shahid Balwa, the promoter of Swan Telecom, has been granted bail in Delhi today. Of the 14 people arrested for the telecom scam, 11 have now been permitted to go home. Those still in prison include former telecom minister A Raja, and two former bureaucrats who worked closely with him.
Mr Balwa is accused of paying Mr Raja a 214-crore kickback in return for a telecom licence in 2008. In the CBI's investigation so far, sources say this is the only instance of a traceable quid pro quo. Mr Balwa was arrested on February 8 along with senior executives of other telecoms like Reliance ADAG and Unitech Wireless. Those executives were granted bail by the Supreme Court last week. And after that, the Delhi High Court granted bail to another group yesterday whose most famous member is Rajya Sabha MP Kanimozhi.
The daughter of DMK chief M Karunanidhi will leave Tihar Jail this evening. Her arrest had stretched to near-breaking point the relationship between her father and the Congress. With 16 Lok Sabha MPs, Mr Karunanidhi is a hefty member of the coalition at the Centre. He has confirmed that Kanimozhi will travel to Chennai in a few days.
She is accused of using a TV channel partly owned by her to serve as the landing place for Mr Balwa's kickback to Mr Raja. Like Kanimozhi, Mr Raja is a powerful DMK leader. So far, his party has stood by him. The former minister has said he will not apply for bail and that he will leave jail only after he proves in court that the scam he is being held accountable for is fictitious.
The Central Bureau of Investigation (CBI), which is investigating the case, told the court that it would not oppose Mr Balwa's bail plea in view of the Supreme Court and High Court orders granting bail to other co-accused in the case.
The court which granted bail to Mr Balwa is now in the process of hearing the bail arguments of Mr Raja's ex-private secretary, R K Chandolia.
Former Telecom Secretary Siddhartha Behura has applied for bail in the High Court, which reserved orders on his plea yesterday.
The trial against 14 accused in the 2G spectrum scam case began in a special court headed by Judge O P Saini earlier this month. The Supreme Court is monitoring the CBI investigation into the case.
Mr Balwa is accused of paying Mr Raja a 214-crore kickback in return for a telecom licence in 2008. In the CBI's investigation so far, sources say this is the only instance of a traceable quid pro quo. Mr Balwa was arrested on February 8 along with senior executives of other telecoms like Reliance ADAG and Unitech Wireless. Those executives were granted bail by the Supreme Court last week. And after that, the Delhi High Court granted bail to another group yesterday whose most famous member is Rajya Sabha MP Kanimozhi.
She is accused of using a TV channel partly owned by her to serve as the landing place for Mr Balwa's kickback to Mr Raja. Like Kanimozhi, Mr Raja is a powerful DMK leader. So far, his party has stood by him. The former minister has said he will not apply for bail and that he will leave jail only after he proves in court that the scam he is being held accountable for is fictitious.
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The court which granted bail to Mr Balwa is now in the process of hearing the bail arguments of Mr Raja's ex-private secretary, R K Chandolia.
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The trial against 14 accused in the 2G spectrum scam case began in a special court headed by Judge O P Saini earlier this month. The Supreme Court is monitoring the CBI investigation into the case.
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