2G scam: The Swan-ADAG connection
Swan Telecom is one of the 9 companies that got 2G spectrum at dirt cheap prices in 2008, and then sold its stake for a premium. Swan as always denied that it's an overnight operator and also denied that it is proxy owned by the Reliance ADAG group. But now NDTV has the exclusive details of a how a routine income tax inquiry into Swan as far back as 2008, two years before the CAG report stumbled onto many of the same concerns raised by the CAG.
