2G case: SC grants bail to 5 corporate honchos

First bail in 2G case raises hopes of other accused

PTI | November 23, 2011



In the first bail in 2G case, the supreme court on Wednesday ordered the release of five top corporate executives from Tihar jail, raising hopes of other accused in the case including former telecom minister A Raja and DMK MP Kanimozhi who have been in prison for over six months.

A bench comprising justices G S Singhvi and H L Dattu directed the release of the five corporate honchos -- Unitech Limited MD Sanjay Chandra, Swan Telecom director Vinod Goenka and Reliance Anil Dhirubhai Ambani group executives Hari Nair, Gautam Doshi and Surrendra Pipara.

They were asked to furnish two sureties of Rs 5 lakh each to the satisfactiion of the special judge holding the trial of the case as bail condition. The operative part of the judgemnt was read out by justice Dattu.

The accused had moved the apex court challenging Delhi high court and trial court orders turning down their bail pleas.

CBI had opposed their release on bail saying they could approach the trial court for relief.

The accused, who have been charged with various offences under the Indian Penal Code and the Prevention of Corruption Act, had contended they should be granted bail as charges have already been framed in the case and there is no chance of them tampering with evidence.

The bail plea of Kanimozhi and four others is due to come up for hearing before the Delhi high court on December one.

This is the first time that any of the accused in the 2G scam has been granted bail.

Other accused in the case include Raja's private secretary R K Chandolia, who is a suspended IRS officer, and former telecom secretary Siddhartha Behura.

Others arrested in the case include Swan Telecom promoter Shahid Usman Balwa, his cousin Asif Balwa and their colleague Rajeev Agarwal, besides DMK-run Kalaignar TV MD Sharad Kumar and Mumbai filmmaker Karim Morani.

Three telecom firms Reliance Telecom Ltd, Swan Telecom and Unitech (Tamil Nadu) Wireless Ltd too have been listed as accused in the CBI cahrgesheet in the case.

The CBI had chargesheeted 14 persons in the scam, with Raja being the first to be arrested on February 2, along with his former private secretary Chandolia and former telecom secretary Behura.

The five executives, who were today granted bail, were arrested on April 20.

Besides Kanimozhi, the four others who have moved the high court against the special court's order on bail are Kalaignar TV MD Kumar, Kusegaon Fruits and Vegetables Pvt.

Ltd. Directors Balwa and Rajeev Agarwal and film producer Morani.

Comments

 

Other News

Farm stability in the time of climate change

Indian agriculture is experiencing significant climate volatility, while the world economy seems to be in a highly volatile situation. Economic indices from various countries show that they need to recalibrate their strategies to withstand economic headwinds. In such a challenging situation, a country li

El Niño threatens India’s Rabi crops

India’s southwest monsoon ended with a 13% rainfall deficit in 2026, its weakest performance in a decade, raising concerns over agricultural production, water security and the upcoming rabi season. With El Niño expected to persist into early 2027, experts warn that declining soil moisture, dep

Regulating the data advantage: India’s new e-Commerce framework

For over a decade, India’s e-commerce story has rested on a simple premise: platforms connect buyers and sellers, while data fuels efficiency, personalisation, and scale. However, as the market matured, its structure has revealed a growing imbalance. E-commerce platforms, especially marketplace ent

Changing weather patterns, climate change responsible for Nepal floods

The interaction between active Western Disturbances, increased atmospheric moisture and the region’s complex topography aswell as global warming are important factors behind intense rainfall in the Himalayas, leading to flash floods in Nepal, according to meteorologists. Nepal

A right she cannot reach

Last summer, the two of us spent several weeks in rural Madhya Pradesh with a non-profit that works on gender justice through women’s self-help groups. We went in with a notebook full of laws. The Protection of Women from Domestic Violence Act. The Dowry Prohibition Act. Free legal aid for every wo

Tier-2 cities lead India’s digital credit push

Digital payments have become a reflex for urban India, but the confidence earned in paying has not yet carried over to borrowing. That is the central finding of `How Urban India Pays Report 2026`, released by Pahlé India Foundation in collaboration with Amazon Pay. Based on a survey of 5,149 consu

Upcoming Conferences



-->

Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter