Raja sold licenses2g spectrum to a handful of arbitrarily selected 120 out of 575 companies in january 2008 at a bargain basement 2001 price. In february 2007, hutch sold its 67% equity to vodafone at rs 75,000 cr signaling substantial increase in. Mobile and allied networks work on specific frequencies allotted to each operator in a band of frequencies known as a spectrum. While the special cbi judge op saini has acquitted all the accused in the 2g scam case, find out 10 things to know about the fraud that costed the country rs 1. In doing so, he not only violated the law, committed several improprieties, but caused a loss to the exchequer of at least rs 40,000 crore. Presentation on 2g spectrum authorstream presentation. View photos and videos about 2g spectrum scam from the times of india. Former telecom minister a raja, dmk mp kanimozhi and all other accused were today acquitted in the politicallysensitive 2g spectrum allocation scam cases by. Understanding the 2g spectrum scam qrius formerly the. Raja and dmk rajya sabha member kanimozhi in the 2g spectrum allocation case. The union government of that time was accused of undercharging mobile telephone companies for frequency allocation licenses, which they used. In february 2007, hutch sold its 67% equity to vodafone at rs 75,000 cr signaling substantial increase in spectrum value. A special cbi court acquitted all the accused in the 2g scam on december 21. 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 brief summary of the status of the 2 g spectrum scam in. Hearing deferred, date for final verdict now on december 5. 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. Raja 1,80,000 crore 2g telecom scam page promoted by aiadmk students wing. Cong claims vindication, bjp says its no badge of honour the verdict in the 2g spectrum scam case has been delivered by a special.
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. Feb 08, 20 2g spectrum scam companies who are in the friend list of a. Subramanian swamy, a former union cabinet minister, a harvardeducated ec. Read the latest news and updates on 2g spectrum scam, 2g spectrum scam information at business standard. While dmk supporters and congress leaders hailed the decision, the bjp appeared standoffish over the courts. A special court on december 21, 2017 had acquitted raja, dmk mp kanimozhi and others in cbi and ed cases related to the scam. 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. A raja, the prime accused in 2g spectrum scam, on wednesday came to parliament a day after being released from tihar jail where he was lodged after his arrest in the case on february 1 last year. 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 real story behind the 2g scam justice op saini hints at the culpability of two principal secretaries in the manmohan singh pmo pulok chatterjee and tka nair. 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. Dec 21, 2017 a special cbi court on thursday acquitted all 18 accused including a raja and k kanimozhi in 2g spectrum allocation case. The 2g spectrum scam involved politicians and government officials in india illegally undercharging mobile telephony companies for frequency allocation licenses, which they would then use to create 2g subscriptions for cell phones. Will the indian judiciary take action against the wrongdoers in the spectrum scam. The 2g spectrum case was an alleged scam that the politicians and private officials under the. Cbi appeal infructuous in view of new antigraft law, a. The biography of netaji subash chandra bose in hindi. India found itself in the centre of such protests in 20102011 over the scam in 2g spectrum allocation to telecom companies. 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. Why are the facts important and why this meeting 2. A chronology of what is known to be indias biggest scam. 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. 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.
It is considered to be among chief factors that led to the downfall of manmohan singh government in the 2014 lok sabha polls. 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. Cag report on 2g scam here are some of the points made by the cag report. 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. A delhi court acquitted all accused, including former telecom minister a. There is no other 2g spectrum scam or any other spectrum scam event in the world this is the only one. Posted on march 11, 20 march 11, 20 by theconsiglieres. Written by veteran journalist bhupesh bhandari, the book covers the scam that sent several politicians, businessmen and bureaucrats to jail in great detail. The trial on 2g spectrum scam case has been adjourned for the day after cbis star witness and former telecom minister a rajas exaide aseervatham achary complains of illness.
Discover delightful childrens books with prime book box, a subscription that delivers new books every 1, 2, or 3 months new customers receive 15% off your. The 2g spectrum scam was listed second in the times magazine top 10 abuses of power in year 2011. 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. Cbi has raided a rajas house, not once, not twice, but innumerable times. Cbi appeal infructuous in view of new antigraft law. 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. Zero loss theory back, cag says read 2g book new delhi. It was claimed that the magnitude of the scam was 2,867,800,000,000 rupee. Raja belonging to dmk party, a major ally in the united progressive alliance headed by the all india congress party. The best in contemporary fantastic art was published in 1995 and its more of the same stuff, a visual feast compiling the very best art from the scififantasy genre for that past year and rendered in various mediums. Apr 14, 2014 introduction 2g spectrum scam was a scam involving politicians and government officials in india illegally undercharging mobile telephony companies for frequency allocation licenses, which they would then use to create 2g spectrum subscriptions for cell phones. Find 2g spectrum allocation scam news headlines, photos, videos, comments, blog posts and opinion at the indian express.
The scam came to light almost seven years ago when the comptroller and. Any particular mobile network will operate only on the frequencies its been allotted. Raja sold licenses 2g spectrum to a handful of arbitrarily selected 120 out of 575 companies in january 2008 at a bargain basement 2001 price. The first objective and complete book on the 2g scam, spectrum grab is an engaging account of the scandal that has rocked the indian government and shocked its people. While dmk supporters and congress leaders hailed the. The cbi believes shahid balwa, the promoter of swan telecom, had a central role in the 2g spectrum scam. From the time allegations of misappropriation during the bidding for allocation of 2g spectrum surfaced, till telecom minister a rajas ouster, high drama. The special court, though has acquitted all the accused, but the telecom industries still reel under its consequences. The undelivered justice in this case has led to an outcry by the masses as it has affected and continues to affect the customers and investors.
This list may not reflect recent changes learn more. Nov 29, 2011 the cbi believes shahid balwa, the promoter of swan telecom, had a central role in the 2g spectrum scam. 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. In rajas book, 2g was never a scam but a conspiracy possibly masterminded by several characters with vested political and business interests, whom he alludes to at different stages in the book. For years, the government gave operators spectrum beyond contracted levels free of cost as they added subscribers. On november 5, 2007, much before the 2g telecom licences were issued, s tel ltd wrote to the prime minister voluntarily offering to pay additional revenue share of rs 6,000 crore to the government for a panindia licence over and above the spectrum charges. Scroll if there was no 2g scam, why did the supreme court cancel 122 spectrum licences in 2012. The wide coverage given to the 2g spectrum scam rocked the upa ii government. Introduction 2g spectrum scam was a scam involving politicians and government officials in india illegally undercharging mobile telephony companies for frequency allocation licenses, which they would then use to create 2g spectrum subscriptions for cell phones.
Tata group chairman ratan tata has urged the indian government to investigate and book the people who are guilty in the 2g spectrum scam. A special cbi court on thursday acquitted all 18 accused including a raja and k kanimozhi in 2g spectrum allocation case. 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. Subramanian swamy, a former union cabinet minister, a harvardeducated economist and professor, holds that corruption impacts on economic development of a nation in five dimensions. Essay on bharatendu harishchandra and his literature in hindi. It was alleged that in year 2008, several politicians and government officials has charged lesser rates to mobile telephony companies for the frequency allocation licences used in creating. Subramanian swamy, a former union cabinet minister. While adding context might be nice, there can be no confusion about this 2g spectrum scam and anything similarly named. Holding that the 2g spectrum scam of 2008 was conjectured by some people. Read this essay specially written for you on the 2g spectrum scam in hindi language.