2G case: Supreme Court verdict on bail pleas of 5 corporate executives today

New Delhi: The order on the bail pleas of five corporate executives, arrested for their alleged involvement in the 2G spectrum scam, will be delivered by the Supreme Court today.

The executives - Unitech Wireless' former MD Sanjay Chandra, Swan Telecom's Director Vinod Goenka and Reliance Anil Dhirubhai Ambani group's executives Hari Nair, Gautam Doshi and Surendra Pipara - have been in jail for over seven months.

On November 1, the apex court had reserved its order on their bail pleas. The CBI has opposed their bail pleas.

These five accused had moved the apex court challenging the Delhi High Court and trial court orders turning down their bail pleas. The accused, who have been charged under various offences under the Indian Penal Code and Prevention of Corruption Act, contended that they should be granted bail as the charges have already been framed and there is no chance of them tampering with the evidence.

The verdict will be delivered by Justice H L Dattu who had heard their arguments along with CBI's submission opposing their bail pleas.

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Other accused in the case include former Telecom Minister A Raja, DMK MP Kanimozhi, former Telecom Secretary Siddhartha Behura and Raja's former private secretary R K Chandolia.

Swan Telecom promoter Shahid Usman Balwa, his cousin Asif Balwa and their colleague Rajeev Agarwal have also been booked in the case.

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Three telecom firms - Reliance Telecom Ltd, Swan Telecom and Unitech (Tamil Nadu) Wireless Ltd - have also been named accused in the case.

All the accused have pleaded that they have not done anything wrong and refuted the charge of drawing illegal benefits in allocation of 2G spectrum.