2G scam: CBI chief to appear before PAC
February 15th, 2011 - 12:41 pm ICT by ANINew Delhi, Feb 15 (ANI): The Central Bureau of Investigation (CBI) Director A P Singh will appear before the Parliament’s Public Accounts Committee (PAC) today to give evidence in connection with the allocation of 2G spectrum.
The PAC, headed by BJP veteran M. M. Joshi, has so far gathered evidence from former Telecom Secretaries S. S. Behura and D. S. Mathur, former TRAI chairman Pradip Baijal, former Member (Finance) of Telecom Commission Manju Madhvan and RBI Governor D. Subbarao, who was Finance Secretary when the 2G allocations were made in January 2008.
The CBI on Monday extended the custody of A Raja for three more days and Balwa for four more days.
Both Raja and Balwa were arrested for their alleged involvement in the 2G Spectrum allotment scam.
The two were made to face each other and answer questions relating to the grant of licence and undue favours extended to the company during 2008.
Earlier, the Supreme Court asked the government to constitute a special court to deal exclusively with the 2G spectrum scam.
The CBI told the apex court that it would file the first chargesheet in the 2G scam against A Raja and others under Prevention of Corruption Act (PCA) for cheating and forgery by March 31.
The apex court said it favours a CBI investigation that also covers culpability of beneficiaries of the scam, as they are part of a larger conspiracy.
In its remand application, the CBI said Balwa’s company Swan Telecom (a part of the Mumbai-based DB Realty) allegedly got favours in the spectrum allocation and caused the national exchequer a loss of over Rs.22,000 crore.
It also said Balwa allegedly conspired with private companies to sell to a Gulf firm at a huge profit the 2G spectrum licences Swan Telecom acquired at a cheap rate.
Raja was forced to resign from the Union Cabinet last year after the Comptroller and Auditor General of India (CAG) faulted him for undervaluing spectrum to favour companies who were largely ineligible for 2G spectrum, and added that the government had probably lost Rs.1.76 lakh crore in estimated revenue. (ANI)
- 'Wrong to say Govt. made no losses in 2G scam', says CBI chief to PAC - Feb 15, 2011
- Raja, Balwa's remand extended in 2G scam - Feb 14, 2011
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- 2G scam: Four-day custody of Raja, Balwa ends today - Feb 14, 2011
- 2G scam: Raja sent to Tihar Jail till March 3 - Feb 17, 2011
- 2G scam: Raja remanded to CBI custody for four more days - Feb 10, 2011
- 2G scam: CBI Director appears before PAC - Mar 10, 2011
- 2G scam: Asif Balwa sent to 14-day judicial custody - Apr 01, 2011
- Supreme Court asks Govt. to set up special court for 2G scam - Feb 10, 2011
- 2G scam: Judicial custody of Raja, three others extended till Apr. 2 - Mar 31, 2011
- Kalaignar TV defends 2G spectrum deal - Feb 11, 2011
- 2G scam: CBI gets transit custody of Shahid Balwa - Feb 09, 2011
- 2G scam: CBI to submit status report in Supreme Court - Feb 10, 2011
- 2G scam: Judicial custody of Raja, three others extended till Mar. 31 - Mar 17, 2011
- Shahid Balwa taken to Delhi (Lead) - Feb 09, 2011
Tags: allotment, apex court, cbi chief, central bureau of investigation, comptroller and auditor general, comptroller and auditor general of india, favours, finance secretary, m joshi, manju, mathur, prevention of corruption act, public accounts committee, raja, rbi governor, spectrum allocation, spectrum licences, subbarao, telecom commission, union cabinet