CBI Wednesday told a special 2G court that Swan Telelcom Pvt Ltd (STPL) was "propped up" by Reliance Telecom Ltd (RTL) and the former did not have the equity for being eligible for Unified Access Service Licence (UASL).
The CBI on Friday told a special court that Reliance ADA Group had made the entire funding for Swan Telecom Pvt Ltd (STPL), one of the accused firm in 2G spectrum allocation case, in an alleged violation of stipulated rules.
CBI Friday claimed in a special 2G court that Swan Telecom Pvt Ltd (STPL) was a "front company" of Reliance Anil Dhirubhai Ambani Group (ADAG) which infused Rs 28.29 crore to increase its net worth for bagging radio waves for Jammu and Kashmir telecom circle in 2007.
Enforcement Directorate (ED) on Monday told a special court that Rs 200 crore "illegal gratification" was transferred to DMK-run Kalaignar TV by DB group firm through a "circuitous route" in return for grant of 2G telecom spectrum to Swan Telecom by former Telecom Minister A Raja.
A special court on Monday said that in the wake of the Delhi High Court circular that no adjournment will be given owing to lawyers strike in 2G telecom spectrum allocation scam case in which former Telecom Minister A Raja, DMK MP Kanimozhi and 15 others are facing trial.
Presenting the final arguments for CBI, special public prosecutor Anand Grover said huge amount of money was transferred from Reliance ADAG to STPL through a "circuitous route" to conceal its "true ownership" and it was done to fulfil the net worth criteria of the applicant firm to bag the 2G licences.
A special court on Wednesday dismissed the pleas of Swan Telecom promoter Vinod Goenka, facing trial in 2G spectrum and money laundering cases, to go abroad observing that such appeals put "unnecessary strain" on court's time and resources.
Swan Telecom promoter Shahid Balwa, who along with former Telecom Minister A Raja and 17 others are facing a money laundering case arising out of the 2G scam, today moved the Supreme Court seeking setting aside of a lower court order of framing charges against him.
A special court on Friday framed charges against former telecom minister A Raja, DMK MP Kanimozhi and others under section 120-B (criminal conspiracy) of IPC and under provisions of Prevention of Money Laundering Act in the 2G scam.
Swan Telecom promoter Shahid Usman Balwa today told a Delhi court that the charge sheet filed by Enforcement Directorate in a 2G scam-related money laundering case was "contradictory" and the transfer of Rs 200 crore to Kalaignar TV was a "prudent business transaction".
The CBI asked for more time from a court to file its response on Swan Telecom promoter Shahid Balwa`s plea for permission to withdraw the answers he gave in response to the court`s query in the ongoing trial in the 2G scam case.
A Delhi court on Friday directed CBI to file its response on Swan Telecom promoter Shahid Usman Balwa's plea seeking permission to withdraw the answers given by him earlier in reply to the court's query in the ongoing trial in 2G spectrum allocation case.
Former Telecom Minister A Raja Monday questioned in a court the testimony of controversial former corporate lobbyist Niira Radia accusing him of granting 2G licences to Swan Telecom Private Limited, alleged to be an ineligible firm.
A Delhi court has dismissed a plea of a private firm executive, facing trial in the 2G spectrum allocation case, that long and common questions have been put to each accused even though they were not relevant to them.