Enforcement Directorate has claimed that A Raja, Former Telecom Minister illegally granted 2G spectrum license to the firms that were not eligible for it. The issue took a hype when Rs. 200 crore was allegedly transferred to DMK supremo M Karunanidhi’s family owned Kalaignar TV.
During the final arguments in the 2G scam case, Anand Grover, Special Public Prosecutor stated that a conspiracy was planned by A Raja and other people involved in this case and Rs. 200 crore was the “proceed of crime.” Grover further claimed that Rs. 200 crore was transferred to Kalaignar TV via a number of firms, and was only returned when CBI convicted Raja in the 2G spectrum case. Grover made several allegations on Raja and the firms that were involved in this case, but his arguments remained inconclusive. The hearing will now take place on July 27.
Nine firms, A Raja, Dayalu Ammal, Kanimozhi and 16 other people are facing trial in the 2G spectrum case. Enforcement Directorate field a charge sheet against all the alleged people on April 25, 2014 under Prevention of Money Laundering Act.
The court had framed charges against the alleged people including A Raja on October 31, 2014 saying that he along with Dayalu, Kanimozhi, and others was involved in the 2G spectrum case and illegal transfer of Rs. 200 crore to Kalaignar TV.
Bhupendra holds a Post Graduate degree from Christ University. He is an investment banker & trader by profession and a writer by heart.