Chidambaram's alleged complicity in 2G scam to be decided Saturday

By IANS,

New Delhi : A court here will rule Saturday whether or not Home Minister P. Chidambaram, who was the finance minister when former communications minister allocated 122 telecom licenses that have now been cancelled by the Supreme Court, should be made a co-accused in the 2G spectrum scam.

Central Bureau of Investigation (CBI) Special Judge O.P. Saini had reserved his order for Saturday after the last hearing Jan 21 after Janata Party chief Subramanian Swamy, who has made the plea for making Chidambaram a co-accused, concluded his final arguments.

The Supreme Court, while cancelling the 122 licenses Thursday, left it to the trial court to decide on Swamy's plea.

Swamy, while deposing against Chidambaram before Saini, had said that former communications minister A. Raja committed irregularities in connivance with Chidambaram in alloting the licenses.

He said the decision on pegging spectrum prices based on 2001 rates was jointly taken by Raja and Chidambaram.

Swamy has submitted documents, including evidence extracted from a Comptroller and Auditor General (CAG) report, before the court showing Chidambaram's alleged complicity in the case.

Swamy has also placed on record the file relating to UASL (Unified Access Service Licence) policy regarding sale of equity that he has received from the CBI after the court's direction last November.

The file was seized by the CBI in October 2009, but the agency did not place it on record with the chargesheet in the 2G case.

Swamy was allowed by the trial court Dec 8, 2011 to lead the evidence on his plea seeking Chidambaram's prosecution.

Swmay has sought to prosecute Chidambaram for various offences including criminal misconduct, under the Prevention of Corruption Act and other criminal laws. He says Chidambaran is also guilty of breaching national security by not disclosing the fact that Etisalat and Telenor, who had recieved the licenses, were blacklisted companies.

Swamy has also alleged that despite being ineligible, Unitech Wireless and Swan Telecom were awarded licences and were allowed to offload their shares to Etisalat and Telenor.

Raja is among the 14 people, including corporate honchos, who have been arrested in the scam. Kanimozhi, a DMK Rajya Sabha member and daughter of former Tamil Nadu chief minister M. Karunanidhi, was also arrested in the case.

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.

Frauds commited by Chidambaram

As Union Cabinet Minister since 2004, Chidambaram allegedly committed fraud/crime u/s 121B , other sections of IPC and also u/s 13 of prevention of corruption Act, which are in public domain, law of the land yet take cognizance of offence, no investigation undertaken by investigating agencies in the country. Some of alleged fraud committed by him are: .1. Chidambaram election to Loksabha in 2009: A petition challenging the election of P. Chidambaram to the Lok Sabha from Sivaganga constituency in Tamil Nadu was filed in the Madras High Court in September 2009 by his AIADMK rival Raja Kannappan. 2. 2G SCAM: The Union Cabinet in 2003 had authorized the Telecom Minister and the Finance Minister to jointly decide the pricing and mode of allocation of the 2G spectrum, which also implied that if they could not agree on these, they should go back to the cabinet. If Chidambaram the then Finance Minister had any disagreement with the Telecom minister, he should have taken the matter to the Cabinet. 3. Stock market manipulator: As a Finance Minister, it is alleged that Chidambaram manipulated Indian stock market with introducing the policy of “ participatory note cash ’’ which means that FII (Foreign Investment Institutes ) can participate in trading in Indian stock market without registering with SEBI and RBI. 4. Fake currency notes As finance minister, Chidambaram insisted RBI on buying paper used for printing Indian currency notes from a London (UK) firm i.e. De La Rue, which also supplied it to Pakistan. This posed the risk of Pakistan intelligence agency ISI circulating fake currency notes in India. .5. Fraud voda fone- hutch deal: which led to tax evasion at tune of Rs 14000 crores 6. Azad fake encounter:It is alleged that Chidambaram has ordered killing of moist leader in fake encounter in A.P. 7. Chidambaram has ordered Delhi govt. to withdrawal case against Hotelier in Delhi in conflict of interest case. 8. Chidambaram ordered Ramdev crackdown in June 4 at Midnight. According to Subramaniam Swamy , Chidambaram has Rs 50,000 crores in foreign banks and he claims he had evidence to prove his allegations.

Post new comment

The content of this field is kept private and will not be shown publicly.
By submitting this form, you accept the Mollom privacy policy.

FREE REPRINTS

 Unless otherwise noted, you can republish our articles for free. You just have to credit TwoCircles.net and link it back to us, and you can’t edit our material or sell it separately. (We're licensed under Creative Commons, which provides the legal details.). For publishing TwoCircles.net photos please contact info@twocircles.net.