2g scam full story. The real story behind the 2G scam 2019-01-05

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The real story behind the 2G scam

2g scam full story

And the concerned company and companies that also offered money have already answered the court on this matter. Archived from on 5 December 2011. Chandolia appealed to the Supreme Court, and on 9 May 2012 the court upheld the bail grant. Swamy said he would notify the Supreme Court. Or else Internet connectivity would've reached much further than it has now. People who've been implicated in the scam Former telecom minister A Raja, who is believed to have pushed this rather flaky policy. Person accused is the Telecom minister :Â A.

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What is 2G spectrum scam?

2g scam full story

He wrote three letters in 2007-08 to prime minister Manmohan Singh to inform him of the change. Although he and the government denied the allegations, and reported the existence of documents showing that Chidambaram delayed approval of the proposal by about seven months. Also, no proper auction method was followed and no bids were taken to sell out the spectrum. The 2G spectrum scandal is turning out to be a multi-faced mystery with a new revelation surfacing every day. It's an industry of megahertz and megabucks that's been engulfed in scam and mismanagement for 2 decades it's time for someone to tell the full story over the 2G controversy, and we're doing just that.

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The 2 g spectrum scam story

2g scam full story

The special court was actually ruling on a combination of three cases: whether former telecom minister A Raja and others were guilty of criminal conspiracy; whether Loop Telecom was a front put up by the Essar Group to circumvent laws; and whether A Raja and others were guilty of laundering around Rs 200 crore. The Comptroller and Auditor General also mentioned that the assignment of price for the 2008 spectrum was based on 2001 prices which was extremely under- estimated and resulted in a loss to the government exchequer. In 2007, it sold at 2. According to critics, Dutt and Sanghvi knew about the link between the government and the media industry but delayed reporting the corruption. The first two cases were filed by the Central Bureau of Investigation. She was booked under the Prevention of Corruption Act and arrested on May 20, 2011 and was granted bail on November 28, 2012 after spending 188 days in judicial custody in Tihar jail. Finance Ministry also wrote to Department of Telecom raising procedural concerns.

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2G The Full Story

2g scam full story

Prashant Bhushan was another main petitioner who represented on behalf of the Centre for Public Interest Litigation. For the latest analysis, commentary and news updates, sign up for our WhatsApp services. Raja, the Ex-Minister of Communications and Information Technology. He was author of imbecile 1. Archived from on 4 July 2011. The Congress should not consider this as some kind of certificate of clean chit: Arun Jaitley. Further, after taking into account the revenue that was generated after the 3G auction, the price of spectrum for the 122 licences issued can be established at Rs.

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What is 2G spectrum scam?

2g scam full story

Unless the Modi government's appeal to a higher court against justice Saini's verdict focuses on the real culprits and not their bagmen, it will not only lose that appeal but also its credibility and future electability. The Supreme Court can rule on anything, even government policies, and in the 2G case, it decided that there was enough proof to show that there were irregularities. If he was actually involved in a conspiracy to benefit ineligible companies, why would he even give such an order in the first place? India Telecom Monthly Newsletter: 6. That is what saved him from being indicted in justice Saini's order. The latest shocker is the Finance Minister Pranab Mukherjee's note to the prime minister, which seeks to highlight that the current Home Minister P Chidambaram, who was the finance minister then, could have prevented the illegal 2G spectrum allocations. But they were not auctioned till 2014. The order to the effect stated that the allocation would be made on a 'first-come-first-served' basis.

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2G scam verdict: All 18 accused including A Raja acquitted, Congress seeks ex

2g scam full story

लेकिन सीबीआई की विशेष अदालत ने इस मामले में ए. Addendum: There are a few more important points to note. So Subramanian Swamy decided to file a case against former union minister A. You may like to read other articles like To contribute articles, please set up an account for yourself! Raja: A Raja is believed to have received Rs 3,000 crore as bribe to bring forward the cut-off date for applications for the spectrum from the initial October 1, 2007, to September 25, 2007 and subverting the government's first-come-first-served policy. Huge investments are necessary in the telecom field. Although former advised Raja to allot 2G spectrum transparently and revise the license fee in a November 2007 letter, Raja rejected many of Singh's recommendations. Why would anybody in their right senses wait for one year before starting a venture with illegal money? Chandolia, ordering him not to visit the DoT without prior court permission.

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The 2G Spectrum Scam Story

2g scam full story

सुप्रीम कोर्ट ने कहा था कि स्पैक्ट्रम जैसी बहुमूल्य संपत्ति की नीलामी से देश को अधिकतम राजस्व मिलना चाहिए. इससे उस समय की संप्रग सरकार हिल उठी थी. Together, they have 80% stake in the company. A Raja threw it open for other aspiring companies that could also gather resources. Those who were supposed to be tipped off by Raja were waiting with their cheques and other documents. This is harder for newbies. The Supreme Court during its verdict mentioned that A.

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What is the Indian 2G spectrum scam?

2g scam full story

In 2007-2008, spectrum was given by an auction, but on basis of a price discovery made in 2001. What K Kanimozhi said: We are all very happy that the justice has prevailed. Why would anybody do this if the money obtained was illegal? Again, any conspiracy is out of question. Manmohan Singh is an economist, not a politician and cannot play Game of Thrones. In the auction method, small companies wouldn't have enough resources to compete with bigger well-established ones, so they forfeited, while the bigger guys started raising the prices.


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What is the full story of the coal scam? And how is Manmohan Singh the culprit in the coal scam?

2g scam full story

On November, 2008, Subramanian Swamy wrote to Prime Minister Manmohan Singh and followed it up with four more letters seeking sanction to prosecute A. But what began as an attempt to pacify the outrage of the people may well end up hurting public interest. The upshot: these remaining companies can now be expected to milk customers once the consolidation process is complete. But that was because Tata still had debt to the government. The favourites had got bank draft prepared on the previous date before the spectrum allocation, said the Finance Minister On basis of all this, in February 2012, the Supreme Court cancelled all licenses. Seven are in use by the company, and the remainder are overlapping licenses. I'd say no, because none of the 575 companies got any allocated spectrum in the first place, so any chance of a scam is out of question.

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