This Article is From Apr 04, 2012

2G case: Supreme Court asks CBI to file status report

2G case: Supreme Court asks CBI to file status report
New Delhi: The Supreme Court today began hearing two petitions seeking an investigation into union minister P Chidambaram's alleged role in the 2G telecom scam.  The court has posted further hearing for April 11, 12 and 13, and has also asked the Central Bureau of Investigation (CBI) to file a status report in the case within three weeks.

The Enforcement Directorate and IT Department have also been asked to file reports.
Mr Chidambaram, who is Home Minister at present, was the Finance Minister in 2008 when then Telecom Minister A Raja allegedly gifted mobile network licenses and frequency to ineligible companies.

A petition by Janata Party president Subramanian Swamy says that Mr Chidambaram must be held responsible for allowing the telecom scam on his watch as Finance Minister. A special CBI court had rejected Mr Swamy's request. He has appealed to the Supreme Court against this verdict. Mr Swamy wants a CBI investigation into Mr Chidambaram's role, but the investigating agency has held right through that there is no ground to investigate the senior minister's role in the 2G scam.
 
Ex-Telecom Minister Mr Raja has been in jail for over a year now. The Supreme Court has cancelled 122 licenses issued by him and has said that spectrum should have been auctioned instead of being given at no extra cost along with licenses.

Mr Swamy says that Mr Chidambaram was aware of Mr Raja's actions. On matters like the pricing of spectrum, he should have intervened to protect the country's interests, Mr Swamy argues.

The second petition has been filed by the Centre for Public Interest Litigation, an NGO. The petition, filed by lawyer-activist Prashant Bhushan, alleges that Mr Chidambaram as Finance Minister overruled his officers who favoured the auction of spectrum. Mr Bhushan also says that Mr Chidambaram allowed two companies who were allegedly shown undue favour by Mr Raja to sell stake to foreign investors at massive profits on the basis of licenses that they had got at hefty bargains.The companies-Swan and Unitech Wireless - say no rules were violated because they did not sell their stake but created additional equity. Swan partnered with UAE-based Etisalat and Unitech with Norwegian company Telenor.

The government has said that both companies operated within the parameters of the law in those partnerships.
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