New Delhi: The Delhi High Court has finally granted bail to the five corporate executives - Unitech chief Sanjay Chandra, DB Realty founder Vinod Goenka and three senior executives of Anil Ambani controlled ADAG - Gautam Doshi, Hari Nair and Surendra Pipara - who have been in Tihar Jail for over two weeks in connection with the 2G scam.
The five corporate executives who were sent to 14-day judicial custody had approached the Delhi High Court after a special court hearing the high-profile 2G spectrum scam rejected bail applications, terming their pleas "meritless" in the face of 'serious allegations' and 'incriminating evidence' in a chargesheet filed by the CBI.
They then moved an application seeking interim bail for one week so that they could move High Court against the order, but the court rejected that plea too.
CBI charges
Sanjay Chandra the MD of Unitech Wireless and Vinod Goenka of Swan Telecom are accused of conspiring with former Telecom Minister A Raja to get licenses and spectrum for mobile networks at throwaway prices.
Chandra has been chargesheeted for cheating and conspiracy. The CBI believes that he came up with a plan which centred on Raja abruptly advancing the deadlines for applications for licenses by a week. Companies like Unitech allegedly benefited from this and jumped to the head of the queue.
The Telenor Group, which holds a 67.25 per cent ownership share in Unitech Wireless, has asked Sanjay Chandra to step down as the company's chairman.
The five corporate executives who were sent to 14-day judicial custody had approached the Delhi High Court after a special court hearing the high-profile 2G spectrum scam rejected bail applications, terming their pleas "meritless" in the face of 'serious allegations' and 'incriminating evidence' in a chargesheet filed by the CBI.
CBI charges
Advertisement
Chandra has been chargesheeted for cheating and conspiracy. The CBI believes that he came up with a plan which centred on Raja abruptly advancing the deadlines for applications for licenses by a week. Companies like Unitech allegedly benefited from this and jumped to the head of the queue.
Advertisement
COMMENTS
Advertisement
High Court Admits CBI's Appeal Challenging Acquittal Of A Raja In 2G Scam Case Supreme Court Refuses To Interfere In Bail Order To Unitech Promoter's Wife Unitech Promoter's Wife's Bail Order Stayed By Supreme Court Omar Abdullah On What Should Be J&K Assembly's 1st Move After Polls Life On Earth Originates From One Ancestor, Older Than Previously Believed Kolkata Rape-Murder: Fractures, 150 mg Semen, Other Claims Denied By Cops JAM 2025: All You Need To Know About Joint Admission Test For Masters Rajasthan Bans Sharp-Edged Objects In School After 15-Year-Old Stabbed 5 Points About Tahawwur Rana, Pak-Origin 26/11 Mumbai Attacks Accused Track Latest News Live on NDTV.com and get news updates from India and around the world.