Wednesday, March 2, 2011

2G Scam: Idea chief grilled by CBI

New Delhi: Idea Cellular CEO Sanjeev Aga was questioned by the CBI in their Headquarters in New Delhi, in connection with 2G scam, an English news channel reported Wednesday evening.
The telecom firm owned by Kumaramangalam Birla, has been probed for irregularities in acquiring excess spectrum – 2MHz + 2MHz – for the Mumbai circle in 2005. The corruption is estimated to have cost the exchequer to the tune of Rs 684.59 crores.
The One Man Committee Report submitted by Justice RR Patil indicts the teleco of benefitting from the extra time granted to meet the eligibility criteria. The company had applied for licence in August 2005 for the Mumbai circle, but it was after more than one year that the LoI (Letter of Intent) was issued in November 2006.
"In the intervening period, time was extended to enable the applicant to acquire eligibility," the report had said.

No comments:

Post a Comment