A timeline of how the case progressed a special court pronounced its final verdict on december 21 in the 2g spectrum allocation scam, acquitting former telecom. Raja sold licenses2g spectrum to a handful of arbitrarily selected 120 out of 575 companies in january 2008 at a bargain basement 2001 price. Raja and dmk rajya sabha member kanimozhi in the 2g spectrum allocation case. Nov 29, 2011 the cbi believes shahid balwa, the promoter of swan telecom, had a central role in the 2g spectrum scam. Subramanian swamy, a former union cabinet minister. Oct 25, 2017 insert commentsa special court deferred hearing in the 2g spectrum scam cases in which former telecom minister a raja and dmk mp kanimozhi are among the ac. Understanding the 2g spectrum scam qrius formerly the. In february 2007, hutch sold its 67% equity to vodafone at rs 75,000 cr signaling substantial increase in. The special court, though has acquitted all the accused, but the telecom industries still reel under its consequences. On november 5, 2007, much before the 2g telecom licences were issued, s tel ltd wrote to the prime minister voluntarily offering to pay additional revenue share of rs 6,000 crore to the government for a panindia licence over and above the spectrum charges. While adding context might be nice, there can be no confusion about this 2g spectrum scam and anything similarly named. Feb 08, 20 2g spectrum scam companies who are in the friend list of a. For years, the government gave operators spectrum beyond contracted levels free of cost as they added subscribers.
Raja and kanimozhi, named among the accused, were forced into temporary political oblivion due to the 2g spectrum scam. A brief summary of the status of the 2 g spectrum scam in. The government awarded 122 telecom licenses with 2g spectrum in january 2008 at 2001 rates rs 1,685 crore ignoring the current market value of the spectrum. Any particular mobile network will operate only on the frequencies its been allotted. The undelivered justice in this case has led to an outcry by the masses as it has affected and continues to affect the customers and investors. Former telecom minister a raja, dmk mp kanimozhi and all other accused were today acquitted in the politicallysensitive 2g spectrum allocation scam cases by. Zero loss theory back, cag says read 2g book new delhi. Mobile and allied networks work on specific frequencies allotted to each operator in a band of frequencies known as a spectrum. India found itself in the centre of such protests in 20102011 over the scam in 2g spectrum allocation to telecom companies.
Subramanian swamy, a former union cabinet minister, a harvardeducated economist and professor, holds that corruption impacts on economic development of a nation in five dimensions. The real story behind the 2g scam justice op saini hints at the culpability of two principal secretaries in the manmohan singh pmo pulok chatterjee and tka nair. The cbi believes shahid balwa, the promoter of swan telecom, had a central role in the 2g spectrum scam. There is no other 2g spectrum scam or any other spectrum scam event in the world this is the only one. A chronology of what is known to be indias biggest scam. Declaring the allotment of spectrum as unconstitutional and arbitrary, the court quashed all 122 licences issued in 2008 by the then minister for communications and it, a. Written by veteran journalist bhupesh bhandari, the book covers the scam that sent several politicians, businessmen and bureaucrats to jail in great detail. The 2g scam went a long way to show how the indian economy, one of the fastest growing in the world, is dominated by a small set of tightly connected power players. Scroll if there was no 2g scam, why did the supreme court cancel 122 spectrum licences in 2012. Mar 11, 20 the 2g scam a short summary posted on march 11, 20 march 11, 20 by theconsiglieres mobile and allied networks work on specific frequencies allotted to each operator in a band of frequencies known as a spectrum. Holding that the 2g spectrum scam of 2008 was conjectured by some people. Subramanian swamy, a former union cabinet minister, a harvardeducated ec. In 2011, the then prime minister manmohan singh had also admitted that this government seemed to have failed in managing perceptions.
The first objective and complete book on the 2g scam, spectrum grab is an engaging account of the scandal that has rocked the indian government and shocked its people. Quashing of 2g spectrum licences on february 20, 2012, the supreme court of india delivered a judgement on a pil directly related to the 2g spectrum scam. The 2g spectrum case was an alleged scam that the politicians and private officials under the. The 2g spectrum scam was listed second in the times magazine top 10 abuses of power in year 2011. Apr 14, 2014 introduction 2g spectrum scam was a scam involving politicians and government officials in india illegally undercharging mobile telephony companies for frequency allocation licenses, which they would then use to create 2g spectrum subscriptions for cell phones. By continuing to use this site you consent to the use of cookies on your device as described in our cookie policy unless you have disabled them.
The 2g spectrum scam involved politicians and government officials in india illegally undercharging mobile telephony companies for frequency allocation licenses, which they would then use to create 2g subscriptions for cell phones. It is considered to be among chief factors that led to the downfall of manmohan singh government in the 2014 lok sabha polls. A special cbi court on thursday acquitted all 18 accused including a raja and k kanimozhi in 2g spectrum allocation case. The 2g scam went a long way to show how the indian economy, one of the fastest growing in the world, is dominated by a. In february 2007, hutch sold its 67% equity to vodafone at rs 75,000 cr signaling substantial increase in spectrum value. Cbi appeal infructuous in view of new antigraft law, a. Read this essay specially written for you on the 2g spectrum scam in hindi language. In doing so, he not only violated the law, committed several improprieties, but caused a loss to the exchequer of at least rs 40,000 crore.
While the special cbi judge op saini has acquitted all the accused in the 2g scam case, find out 10 things to know about the fraud that costed the country rs 1. Discover delightful childrens books with prime book box, a subscription that delivers new books every 1, 2, or 3 months new customers receive 15% off your. A special court on december 21, 2017 had acquitted raja, dmk mp kanimozhi and others in cbi and ed cases related to the scam. Presentation on 2g spectrum authorstream presentation. Introduction 2g spectrum scam was a scam involving politicians and government officials in india illegally undercharging mobile telephony companies for frequency allocation licenses, which they would then use to create 2g spectrum subscriptions for cell phones. Posted on march 11, 20 march 11, 20 by theconsiglieres. From the time allegations of misappropriation during the bidding for allocation of 2g spectrum surfaced, till telecom minister a rajas ouster, high drama. While dmk supporters and congress leaders hailed the decision, the bjp appeared standoffish over the courts.
Raja 1,80,000 crore 2g telecom scam page promoted by aiadmk students wing. The scam came to light almost seven years ago when the comptroller and. The best in contemporary fantastic art was published in 1995 and its more of the same stuff, a visual feast compiling the very best art from the scififantasy genre for that past year and rendered in various mediums. Hearing deferred, date for final verdict now on december 5. The wide coverage given to the 2g spectrum scam rocked the upa ii government. A special cbi court acquitted all the accused in the 2g scam on december 21. The union government of that time was accused of undercharging mobile telephone companies for frequency allocation licenses, which they used. The 2g spectrum case was an alleged scam that the politicians and private officials under the united progressive alliance coalition government in india were accused of committing. Why are the facts important and why this meeting 2. Essay on bharatendu harishchandra and his literature in hindi.
Read the latest news and updates on 2g spectrum scam, 2g spectrum scam information at business standard. This list may not reflect recent changes learn more. Dec 21, 2017 a special cbi court on thursday acquitted all 18 accused including a raja and k kanimozhi in 2g spectrum allocation case. This piece is being republished from the quints archives in light of the verdict in the 2g spectrum scam on thursday, 21 december, which acquitted all 17 accused in the case. Find 2g spectrum allocation scam news headlines, photos, videos, comments, blog posts and opinion at the indian express. A raja, the prime accused in 2g spectrum scam, on wednesday came to parliament a day after being released from tihar jail where he was lodged after his arrest in the case on february 1 last year. Insert commentsa special court deferred hearing in the 2g spectrum scam cases in which former telecom minister a raja and dmk mp kanimozhi are among the ac. Raja sold licenses 2g spectrum to a handful of arbitrarily selected 120 out of 575 companies in january 2008 at a bargain basement 2001 price. The trial on 2g spectrum scam case has been adjourned for the day after cbis star witness and former telecom minister a rajas exaide aseervatham achary complains of illness. Cag report on 2g scam here are some of the points made by the cag report. Orchestrated by the politicians and bureaucrats, it is one of the biggest ever scams in the indian history. A delhi court acquitted all accused, including former telecom minister a. Cbi has raided a rajas house, not once, not twice, but innumerable times.
He has been accused of colluding with former telecom minister a raja by allegedly channelizing kickbacks raja got from the spectrum sale into the real estate. Tata group chairman ratan tata has urged the indian government to investigate and book the people who are guilty in the 2g spectrum scam. The following 23 pages are in this category, out of 23 total. Cong claims vindication, bjp says its no badge of honour the verdict in the 2g spectrum scam case has been delivered by a special. First of all, it was miscalculated to be a notional loss, not even a real loss.
In rajas book, 2g was never a scam but a conspiracy possibly masterminded by several characters with vested political and business interests, whom he alludes to at different stages in the book. A brief summary of the status of the 2 g spectrum scam. It was alleged that in year 2008, several politicians and government officials has charged lesser rates to mobile telephony companies for the frequency allocation licences used in creating. Will the indian judiciary take action against the wrongdoers in the spectrum scam. Subramanian swamy, a former union cabinet minister, a harvardeducated.
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