ID :
168486
Tue, 03/15/2011 - 20:40
Auther :
Shortlink :
https://oananews.org//node/168486
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SC-TELECOM 2 LAST
SC-TELECOM 2 LAST
Venugopal did not reveal the names of individuals and
companies mentioned in the report.
He said day to day details of transactions in a bank
account have been mentioned in the report as the account
holder had failed to explain the source of Rs 2.5 crore lying
with him. He has been asked to submit the documents.
ED in its report also mentioned that after granting
licence, a person sold his equity in the company and he made
huge monetary gains which has traced to Mauritius. It said
that a person has paid Rs 100 crore for liasioning.
The Court after going through the report says that
prima facie there seems to be violation of law of the land.
"Networks are vast. Their connections are in many
countries and prima facie there is a violation of law of
land," the court said.
It asked the ED about how many people are involved
in investigating the scam.
The ED said that there are four teams which are
involved in cracking the case.
During the hour-long proceeding, the agency also
sought the court's intervention to restrain the media from
questioning its credentials in the case by making "baseless"
allegations against it.
The agency referred to media reports in which it was
said that its Chief A K Mathur was trying to scuttle the probe
on the direction of the Indian Finance Ministry.
Expressing satisfaction over the probe done by the ED,
the bench said such reports "deserve to be ignored".
"The matter is serious. Court would protect everyone.
It is not proper to indulge in character assasination," the
court said while adjourning the case for Wednesday for further
arguments in the case.
The court was hearing a petition filed by an NGO
Centre for Public Interest Litigation on whose plea CBI probe
was ordered by the apex court which is also monitoring the
investigation in the 2G spectrum allocation scam which
allegedly caused a loss of Rs 1.76 lakh crore to public
exchequer.
Advocate Prashant Bhushan, appearing for the NGO, said
that the CBI and the ED should also probe into quid-pro-quo
arrangement between the DMK and Tatas as the land was alloted
to the political party after the company got dual license
during the tenure of A Raja.
Venugopal, however, opposed the contentions of Bhushan
and said that he should not make oral remarks and referred to
the last hearing when he had spoken about alleged links of
union minister Sharad Pawar with the 2G scam.
"All the media reported on what he(Bhushan) said but
when he filed his affidavit he did not substantiate his
allegation. This should be stopped," he said.
In the last hearing on March 1, CBI had in its report
named the CEOs and promoters of ten companies as among 63
persons who have come under the scanner for their alleged
involvement in the 2G spectrum allocation scam.
The court had expressed satisfaction about the
progress in the probe into the case and asked the agency to
file status report on March 15.
Venugopal did not reveal the names of individuals and
companies mentioned in the report.
He said day to day details of transactions in a bank
account have been mentioned in the report as the account
holder had failed to explain the source of Rs 2.5 crore lying
with him. He has been asked to submit the documents.
ED in its report also mentioned that after granting
licence, a person sold his equity in the company and he made
huge monetary gains which has traced to Mauritius. It said
that a person has paid Rs 100 crore for liasioning.
The Court after going through the report says that
prima facie there seems to be violation of law of the land.
"Networks are vast. Their connections are in many
countries and prima facie there is a violation of law of
land," the court said.
It asked the ED about how many people are involved
in investigating the scam.
The ED said that there are four teams which are
involved in cracking the case.
During the hour-long proceeding, the agency also
sought the court's intervention to restrain the media from
questioning its credentials in the case by making "baseless"
allegations against it.
The agency referred to media reports in which it was
said that its Chief A K Mathur was trying to scuttle the probe
on the direction of the Indian Finance Ministry.
Expressing satisfaction over the probe done by the ED,
the bench said such reports "deserve to be ignored".
"The matter is serious. Court would protect everyone.
It is not proper to indulge in character assasination," the
court said while adjourning the case for Wednesday for further
arguments in the case.
The court was hearing a petition filed by an NGO
Centre for Public Interest Litigation on whose plea CBI probe
was ordered by the apex court which is also monitoring the
investigation in the 2G spectrum allocation scam which
allegedly caused a loss of Rs 1.76 lakh crore to public
exchequer.
Advocate Prashant Bhushan, appearing for the NGO, said
that the CBI and the ED should also probe into quid-pro-quo
arrangement between the DMK and Tatas as the land was alloted
to the political party after the company got dual license
during the tenure of A Raja.
Venugopal, however, opposed the contentions of Bhushan
and said that he should not make oral remarks and referred to
the last hearing when he had spoken about alleged links of
union minister Sharad Pawar with the 2G scam.
"All the media reported on what he(Bhushan) said but
when he filed his affidavit he did not substantiate his
allegation. This should be stopped," he said.
In the last hearing on March 1, CBI had in its report
named the CEOs and promoters of ten companies as among 63
persons who have come under the scanner for their alleged
involvement in the 2G spectrum allocation scam.
The court had expressed satisfaction about the
progress in the probe into the case and asked the agency to
file status report on March 15.
