2000yr old Thirukural

Friday, March 11, 2011

2G scam CBI on Kanimozhi dayalu_ammal








The sleuths reached the DMK headoffice and immediately started questioning the two.
The CBI sources said Kanimozhi would be questioned on the flow of over Rs.200 crore from Swan Telecom promoter Shahid Balwa's DB Realty firm to Kalaignar TV, a regional Tamil channel in which Karunanidhi's family members allegedly have a majority stake. Kanimozhi alone is said to have 20 percent stake in the TV channel.
Balwa is one of the accused in the scam and his Swan Telecom was allegedly favoured by former communications minister and DMK MP A. Raja in the allocation of second generation (2G) spectrum licences.
CBI is probing if there was any quid pro quo under which Balwa transferred funds to the TV channel and in return got 2G spectrum licences at throwaway prices. Balwa is already in jail along with Raja.

Balwa is one of the accused in the scam and his Swan Telecom was allegedly favoured by former communications minister and DMK MP Andimuthu Raja in the allocation of second generation (2G) spectrum licences.
CBI is probing if there was any quid pro quo under which Balwa transferred funds to the TV channel and in return got 2G spectrum licences at throwaway prices, sources said.
Balwa and Raja are amongst the four people in jail in connection with the corruption scandal that is said to have cost the exchequer massive losses.
Source: IANS, msn

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