Raja, Balwa sent to CBI custody till Feb 14

February 10th, 2011 - 7:06 pm ICT by IANS  

New Delhi, Feb 10 (IANS) A Delhi court Thursday remanded former communications minister A. Raja and Shahid Balwa, managing director of DB Realty, in CBI custody till Feb 14 over the 2G spectrum scam.Raja was arrested Feb 2 over the allocation of airwaves for second generation phone services that the Central Bureau of Investigation said caused huge losses to the national exchequer.

The CBI said Balwa’s company Swan Telecom, which allegedly got favours in the spectrum allocation, had caused the national exchequer a loss of over Rs.22,000 crore.

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