Wednesday 9 February 2011

2 G spectrum scam: CBI Balwa to face with the Raja

2G Scam
Central Bureau of Investigation (CBI), the former Telecom Minister A Raja Shahid now Balwa, DB Realty will cope with the promoter. DB Realty Swan Telecom, which the Raja reportedly favored floats in spectrum allocation.

Balwa 2G spectrum in Mumbai on Tuesday from his home were arrested in connection with the scandal. He will be produced today in a Mumbai court and then was brought to Delhi.

Raja eight days ago that he masterminded 2G scam to the CBI accused were arrested in connection with. CBI court on Tuesday for four days that the Raja question. Your former telecommunications ministers agreed to custody for two days. It prints money in the scam to the CBI during questioning now the Raja is expected to establish the link.

2G Scam
2 G spectrum license auctions, as not many were that they should be. King for a first-come, first served policy that was established by his predecessors have chosen to follow. But the CBI case the deadline for payment of their office to pursue only some of the players is based on the information. For companies like Swan and Unitech have been left for this cut-off date being brought forward, they were prepared to pay because, despite the feeling was tipped.

His license laugh, winning and Unitech to sell equity to foreign companies before he started after the rollout of its services. Made enormous profits as they seemed to point the spectrum was sold cheaply by the government to underscore.

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