2G case: witness faces intense questioning on STPL and RADAG
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2G case: witness faces intense questioning on STPL and RADAG

Last Updated: Monday, October 15, 2012, 20:56
 
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2G case: witness faces intense questioning on STPL and RADAG
New Delhi: A CBI witness on Monday faced intense questioning during his cross-examination in 2G spectrum case in a court here for concluding that Swan Telecom Pvt Ltd (STPL) was an "associate company" of Reliance Anil Dhirubhai Ambani Group (RADAG).

Henry Richard, Registrar of Companies, who was deposing as a prosecution witness, said he had prepared a report on the issue after he was supplied with "additional information" by CBI.

"I visited the office of CBI at New Delhi and examined the documents mentioned in my report dated March 11, 2011 and came to the conclusion mentioned therein (regarding STPL being an associate company of RADAG)," he said.

On this, the court asked if some "additional information" was made available to him on the date when he had prepared the March 11, 2011 report in which he had concluded that STPL was an associate company of RADAG.

"That is correct. My report mentioned above and conclusions therein were based upon the provisions of the Companies Act with specific reference to AS-18 of the Accounting Standard Rules," he told Special Judge O P Saini.

The statements were made by the witness when the judge sought an explanation from him after he referred to his earlier reports prepared by him on the basis of the complaints received by Janata Party Chief Subramanian Swamy and others in which he (Richard) had stated that the allegation that STPL was owned more than 10 per cent by RADAG was "not borne out" by the documents and records available with the ROC's Mumbai office.

PTI



First Published: Monday, October 15, 2012, 20:56


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