There was a brief phase in the history of our nation when we saw a number of big scams. The scams came as a severe blow to the ruling UPA government which eventually led to UPA losing elections badly. 2G spectrum scam was one of the parts of series of the scams. CAG (Comptroller and Auditor General) of India had reported a loss of 1760000000 (1.76 trillion rs, before you start counting the number of zeroes).
The final verdict of the 2G spectrum was given by special CBI court. The judgment was to decide the fate of all accused including former telecom minister A Raja and DMK leader Kanimozhi Karunanithi, the court said, “Absolutely no hesitation in holding that the prosecution has miserably failed to prove any charge against any of the accused, made in its well-choreographed charge sheet.”
The others who were acquitted by the special court include Raja’s private secretary RK Chandola, Former telecom secretary Siddharth Behura. The list of those acquitted also includes Shahid Balwa (promoter of DB group), Sharath Kumar (MD, Kalaignar TV ), Sanjay Chandra (Executive, Unitech). Among those who were acquitted also included Reliance ADAG executives
CBI had claimed Raja had devised a new way of granting telecom license and he used to run a parallel office at home granting the license to those who offered him satisfaction. CBI also had said that the telecom minister misled then Prime Minister and also disregarded concern of other ministries and loss they will have.
Kanimozhi faced allegations due to her relations with Kalaignar TV, which apparently was a beneficiary of bribes in return of the 2G licenses granted to Swan telecoms which are promoted by Shahid Balwa and Vinod Goenka of DB Realty Ltd.
The decision has drawn criticism from every corner of the country and people are just not able to understand how come CBI was no ability to collect any evidence in 7 years. This decision is raising quite a few questions.
Congress leaders took no time to appreciate the fact that their government was not involved in any such scam and took the decision as a badge of respect.