CBI seeks 6 months more to probe 2G spectrum scam

08 Oct 2010

1

The Central Bureau of Investigation today sought another six months from the Supreme Court to investigate the alleged scam in the sale of 2G spectrum.

The CBI told the Supreme Court that it needed time to reach a definite conclusion on the role of the various players supposedly involved, and till then it will not be possible for the Prime Minister Manmohan Singh to give his sanction for the prosecution of telecommunications minister Andimuthu Raja.

'Spectrum' Raja of the DMK, the ruling party in Tamil Nadu, has long been under fire for allotting scarce spectrum at throwaway prices. In January 2008, 2G spectrum was given to operators at a price of Rs1,658 crore for a pan-India licence on a first-come-first-served basis.

By late 2008, though the value of spectrum had multiplied manifold, the government got a total of just Rs9,014 crore as licence fee from the 122 licensees.

It was anticipated in the media and elsewhere that the government's final stand on the issue would be made clear today, when the CBI's affidavit was to be opened. But this is clearly not about to happen in a hurry.

Observers have now begun to say that Singh's government is deliberately delaying Raja's indictment under political considerations. The apprehensions about the impartiality of the CBI expressed by the prosecution may be well founded, they feel.

Business History Videos

History of hovercraft Part 3 | Industry study | Business History

History of hovercraft Part 3...

Today I shall talk a bit more about the military plans for ...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of hovercraft Part 2 | Industry study | Business History

History of hovercraft Part 2...

In this episode of our history of hovercraft, we shall exam...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of Hovercraft Part 1 | Industry study | Business History

History of Hovercraft Part 1...

If you’ve been a James Bond movie fan, you may recall seein...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of Trams in India | Industry study | Business History

History of Trams in India | ...

The video I am presenting to you is based on a script writt...

By Aniket Gupta | Presenter: Sheetal Gaikwad

view more
View details about the software product Informachine News Trackers