According to critics, Dutt and Sanghvi knew about the link between the government and the media industry but delayed reporting the corruption.
The Indian Telegraph Act was enacted in The special CBI court finds prima facie evidence to try the 17 accused including Raja on charges including criminal conspiracy, breach of trust, cheating and forgery.
We need somebody who has got stature and we need to put them together to have a team and within three months we can reverse whatever has happened. For the court, the "worst thing" is that despite knowing that the meaning of a particular term was ambiguous and may lead to problems, no steps were taken to rectify the situation.
The above are some of the many more questions in the minds of common Indians. This was a corrupt and dishonest policy, which has already been upheld by the Supreme Court in The estimated loss is subject to confirmation by experts, as the figures given in the Audit Report are only on assumed values.
The case was investigated by the Central Bureau of Investigation which filed an 80, page chargesheet before the trial court.
The CAG Report has named 9 other operators including the following market leaders which were allotted spectrum beyond the contracted limit without paying any upfront charges, costing loss to the Government of India: Singh had said that he was an Uttar Pradesh-cadre police officer on deputation to the ED and his promotion in the service was due, which could be hampered due to such complaints.
Court acquits A Raja, Kanimozhi and other accused in 2G case The CBI had claimed that Raja had devised his own way of granting telecom licences, brushed aside the first-come-first-served principle, misled the then Prime Minister, disregarded the concerns of other ministries and ran a parallel office at home to grant licences to whosoever offered him gratification.
The Supreme Court has ordered the CBI to go into detailed enquiry in the Scam and continued to follow the matter closely. However, it was soon established that there was a massive scam with the Comptroller and Auditor General CAG pegging the lost amount.
SEBI, the stock market regulator, also said that, if found guilty, its license to work in India may be revoked. Chidambaram should be charged. As told by the Congress Party officials the arrest of Mr. Singh had told the court that it should direct a CBI probe into the alleged conspiracy of filing of complaints or for relieving him from the investigation into the 2G scam case.
Criminal conspiracy to cause criminal breach of trust by a public servant and criminal conspiracy Section Bcheating Section and forgery Sections andand booked under the Prevention of Corruption Act. Jagannathan, Editorial Director, Swarajya in Business Standard With some of the firms which lost their licences now planning to appeal that order, the aftershocks of the verdict will continue to reverberate for some time to come.
In the yearthe Telecom Ministry under Mr. Balwa is also allowed to appear via video-conference. Criminal conspiracy by A. CAG, then headed by Vinod Rai, revealed 2G licenses had been issued to telecom operators at throwaway prices causing a loss of Rs 1.
The Delhi High Court sets up special court to deal exclusively with 2G cases. Trial in the case began in November. The special CBI court dismisses bail requests of all eight applicants, including Kanimozhi.
However, the Supreme Court of India is continuing hearing of the case.
In addition, the court also held that the prosecution was unsuccessful in proving any of the ingredients either of the offence of conspiracy to cheat DoT or of the substantive offence of cheating.Oct 31, · 2G scam case wasn't one of criminality: Mukul Rohatgi 21 Dec,PM IST The former Attorney General, who was speaking to media after the verdict, said the 2G spectrum allocation scam case was a civil issue.
Satyam Scam was the big corporate scam that occurred in India in and is also regarded as “Debacle of the Indian Financial System”.After studying about the Satyam Scam in detail, this is best what one can explain about it.
In FebruaryCBI took over the case and filed three partial charge sheets (dated 7 April24 Novemberand 7 January ), over the course of the year. Analysts in India have termed the Satyam scandal India's own Enron scandal. Sign Out. Home Companies Money Industry Technology Politics Opinion Lounge Multimedia AI Science Education Sports Consumer Specials Companies Money Industry Technology Politics Opinion Lounge.
Dec 22, · In QUOTES: The 2G verdict by the special CBI court December 21 was a day when big news was made on 2G scam. The verdict of. Nov 10, · Telecom Minister A Raja has been indicted by the CAG in the 2G spectrum scam, which resulted in a loss of about Rscrore (Rs trillion), says a report in The Economic Times.