Dec 21, 2017 former telecom minister a raja, dmk mp kanimozhi and all other accused were today acquitted in the politicallysensitive 2g spectrum allocation scam cases by a special court which held that the. The telecom ministry under a raja fixes october 1, 2007. The chronology of events in the 2g spectrum allocation scam case. A brief summary of the status of the 2 g spectrum scam in india. Niira radia also seem to be involved in big way to 2g spectrum scam. Apr 30, 2012 media coverage of the report and license allocation, hyped as the 2g scam, was followed by public outrage and protests. Scam of 2g spectrum it was actually a combination of 3 cases, 2 were registered by central bureau of investigation cbi and 1 was filed by enforcement directorate ed. An ebook reader can be a software application for use on a computer. The 2g spectrum case was an alleged scam that the politicians and private officials under the united progressive alliance coalition government in india were. A special cbi court acquitted all 17 accused in the case relating to. View photos and videos about 2g spectrum scam from the times of india. Telcos got twice the spectrum 2 amid coronavirus crisis, bsnl offers landline subscribers free broadband to support work from home initiative 3 difficult to give timeline. A timeline of how the case progressed a special court pronounced its final verdict on december 21 in the 2g spectrum allocation scam, acquitting former telecom.
The 2g spectrum case was an alleged scam that the politicians and private officials under the. Hearing deferred, date for final verdict now on december 5. First of all, it was miscalculated to be a notional loss, not even a real loss. The 2g scam went a long way to show how the indian economy, one of the fastest growing in the world, is dominated by a small set of tightly connected power players. I was first influenced by raju ramalinga and thought of opening a software company like him but never thought he. Cag report on 2g scam here are some of the points made by the cag report. Cbi appeal infructuous in view of new antigraft law. Understanding the 2g spectrum scam qrius formerly the. Nov 29, 2011 the cbi believes shahid balwa, the promoter of swan telecom, had a central role in the 2g spectrum scam. Since 3g spectrum is three times more efficient than 2g, the loss is further down to rs. India found itself in the centre of such protests in 20102011 over the scam in 2g spectrum allocation to telecom companies.
In february 2007, hutch sold its 67% equity to vodafone at rs 75,000 cr signaling substantial increase in. Cbi alleged that 122 licences bundled with spectrum were sold in 2008 at prices fixed in 2001, leading to a loss of rs 30984 cr. Why did cbi court in let off all 2g scam accused, when supreme court in its 2012 judgement has. Declaring the allotment of spectrum as unconstitutional and arbitrary, the court quashed all 122 licences issued in 2008 by the then minister for communications and it, a. The central bureau of investigation cbi on monday charged kanimozhi, a member of parliament mp and daughter of dravida munnetra kazhagam dmk partys head karunanidhi, with handling bribes in mul.
Cong claims vindication, bjp says its no badge of honour the verdict in the 2g spectrum scam case has been delivered by a special. A timeline of events leading to the verdict the verdict was pronounced by special cbi judge o p saini citing lack of evidence against former telecom minister a raja, rajya sabha. Chronology of 2g spectrum scam barring raja and behura, 12 others. At present the 2 g spectrum scam is the hot case going on in indian political stage. Looking at use of video recordings, facial recognition software. Read the latest news and updates on 2g spectrum scam, 2g spectrum scam information at business standard. Raja claimed 2g spectrum and 3g spectrum were not comparable just as basmati rice was not comparable to rice from the pds public distribution system. Top 10 corruption scams in india india business blog. Will the indian judiciary take action against the wrongdoers in the spectrum scam. A chronology of what is known to be indias biggest scam while dmk supporters and congress leaders hailed the. The biography of netaji subash chandra bose in hindi. The central bureau of investigation cbi on monday charged kanimozhi, a member of parliament mp and daughter of dravida munnetra kazhagam dmk partys head karunanidhi, with handling bribes in multibillion dollar telecoms scandal that has weakened.
There is a feeling of betrayal today, as everyone accused in the 2g spectrum case judgement seems to have. The scam relates to the granting of 2g spectrum licence allocations in 200708 which caused, according to a report by the comptroller and auditor general of india, a loss of rs 1. Oct 25, 2017 insert commentsa special court deferred hearing in the 2g spectrum scam cases in which former telecom minister a raja and dmk mp kanimozhi are among the ac. A delhi court acquitted all accused, including former telecom minister a. Read this essay specially written for you on the 2g spectrum scam in hindi language. The 2g scam went a long way to show how the indian economy, one of the fastest growing in the world, is dominated by a. A special cbi court on friday dismissed the bail pleas of dmk mp kanimozhi and kalaignar tv md sharad kumar in the 2g spectrum case. The courts verdict, acquitting a raja and 16 others, came after a 6yearlong trial. Find the latest headlines and stories for 2g spectrum scam. The cbi believes shahid balwa, the promoter of swan telecom, had a central role in the 2g spectrum scam. A chronology of what is known to be indias biggest scam while dmk supporters and congress leaders hailed the decision, the bjp appeared standoffish over the courts verdict. In february 2007, hutch sold its 67% equity to vodafone at rs 75,000 cr signaling substantial increase in spectrum value.
After years of hype about gigabit speeds that will let you download fulllength movies in mere seconds, 5g became a reality last year. Find 2g spectrum allocation scam news headlines, photos, videos, comments, blog posts and opinion at the indian express. The supreme court asks the centre to constitute a special court for hearing cases related to irregularities in the allocation of 2g spectrum. The government awarded 122 telecom licenses with 2g spectrum in january 2008 at 2001 rates rs 1,685 crore ignoring the current market value of the spectrum. Heres a timeline of events following the supreme court verdict in the 2g spectrum allocation scam case. As per the popular time magazine, 2g scam was positioned as the worlds 2 nd biggest case where the misuse of executive powers was seen.
Former telecom minister a raja, dmk mp kanimozhi and all other accused were today acquitted in the politicallysensitive 2g spectrum allocation scam cases by. A special cbi court acquitted all 17 accused in the case relating to irregularities in the allocation of 2g spectrum. The government chose nm rothschild and sons to desi. The 2g spectrum scandal involved officials in the government of india illegally undercharging mobile telephone companies for frequency allocation licenses, which they would use to create 2g subscriptions for cell phones.
A timeline of the events a special court on thursday acquitted 19 accused, including former telecom minister a raja and dmk leader kanimozhi in the enforcement directorates money laundering case relating to the 2g scam. This piece is being republished from the quints archives in light of the verdict in the 2g spectrum scam on thursday, 21 december, which acquitted all 17 accused in the case. Dec 25, 2010 this became even more evident in 2010 when the government was able to raise more than rs. Former telecom minister a raja was on thursday acquitted in the 2g spectrum case along dmk chief m karunanidhis daughter m kanimozhi. The cancellation of telecom licences by the supreme court in 2012 in the 2g case prompted the key stakeholders the government and telecom operators to revamp the way the telecom sector functioned in india, especially how airwaves were offered to operators. Immediately following the news, merrill lynch now a part of bank of america and state farm insurance terminated its engagement with the company. Kanimozhi is famous for being the daughter of tamil nadus former chief minister and dmk chief, m. Case study on the supreme court ruling on the 2g spectrum scam. It was claimed that the magnitude of the scam was 2,867,800,000,000 rupee. Former telecom minister a raja was on thursday acquitted in the 2g spectrum case along with dmk chief m karunanidhis daughter m kanimozhi and 15 others. The opposition wants a joint parliamentary committee jpc to investigate the 2g scam. Raja 1,80,000 crore 2g telecom scam page promoted by aiadmk students wing. Following is the chronology of the events related to the 2g case in which former telecom minister a raja is.
By continuing to use this site you consent to the use of cookies on your device as described in our cookie policy unless you have disabled them. Parliament has not functioned at all this winter session the opposition says it wont let the house get to work till a jpc is announced. Lets look at the chronology of events as they took place. Read the full 1552page verdict a special cbi court pronounced former telecom minister a raja and all other accused in the case as innocent, citing lack of evidence from the prosecution.
The 2g spectrum case was an alleged scam that the politicians and private officials under the united progressive alliance coalition government in india were accused of committing. The verdict on the 2g spectrum scam is set to be delivered on 25 october. Media coverage of the report and license allocation, hyped as the 2g scam, was followed by public outrage and protests. Entry fee for spectrum licenses in 2008 pegged at 2001 prices. Analysts in india have termed the satyam scandal indias own enron scandal. Nobody killed jessica and nobody committed the 2g scam. Following is the chronology of the events related to the case in which former telecom minister a raja is the main accused. He has been accused of colluding with former telecom minister a raja by allegedly channelizing kickbacks raja got from the spectrum sale into the real estate.
Essay on bharatendu harishchandra and his literature in hindi. Subramanian swamy, a former union cabinet minister, a harvardeducated ec. A brief summary of the status of the 2 g spectrum scam in. Raja belonging to dmk party, a major ally in the united progressive alliance headed by the all india congress party. Karunanidhi, and infamous for her alleged involvement in the 2g spectrum scam under the upa governments period in 2010. Presentation on 2g spectrum authorstream presentation. On the 2nd of february 2012, the supreme court of india, in. Raja and dmk rajya sabha member kanimozhi in the 2g spectrum allocation case.
Insert commentsa special court deferred hearing in the 2g spectrum scam cases in which former telecom minister a raja and dmk mp kanimozhi are among the ac. The latest row termed as independent indias largest financial scam is centered on the allocation of scare 2g spectrum at throwaway prices. Some social commentators see it more as a part of a broader problem relating to indias familyowned corporate environment. I remember back when i was doing my undergraduate program i was in the electrical stream, how popular. Heres a timeline of the spectrum scam business standard. All four wireless carriers flipped the switch on 5g in the u. Quashing of 2g spectrum licences on february 20, 2012, the supreme court of india delivered a judgement on a pil directly related to the 2g spectrum scam. Mar 11, 20 the 2g scam a short summary posted on march 11, 20 march 11, 20 by theconsiglieres mobile and allied networks work on specific frequencies allotted to each operator in a band of frequencies known as a spectrum. The union government of that time was accused of undercharging mobile telephone companies for frequency allocation licenses, which they used to create 2g spectrum subscriptions for cell phones. On the 2nd of february 2012, the supreme court of india, in response to a public interest litigation pil, cancelled all 122 telecom licenses granted in 2008 and directed that the spectrum linked with these licenses be. A brief summary of the status of the 2 g spectrum scam. Sc reserves order on the maintainability of the plea for probe. A special court in delhi that was expected to announce the date for final verdict in the 2g spectrum allocation scam case today has deferred the hearing for december 5, 2017. Raja is sent to 14 days in judicial custody for his alleged involvement in the case.
Spectralefficiency of 3g and 2g are comparable, and therefore, concluded that 3g price should be the currentpricefor 2g spectrum in 2010. Following is the chronology of events in the 2g spectrum allocation scam case in which a special court today acquitted former telecom minister. Apr, 20 the opposition wants a joint parliamentary committee jpc to investigate the 2g scam. The cbi had alleged that there was a loss of rs 30,984 crore to the exchequer in allocation of licences for the 2g spectrum which were. The 2g scam a short summary posted on march 11, 20 march 11, 20 by theconsiglieres mobile and allied networks work on specific frequencies allotted to each operator in a band of frequencies known as a spectrum. Since the 3g auctions were held in 2010, but 2g spectrum was given in 2008, the time value of loss of spectrum is not rs.
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