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Delhi court to deliver 2G verdict on December 21

SNS | New Delhi |

Delhi’s Patiala House Court will pronounce its verdict in the 2G spectrum allocation scam on December 21, officials said on Tuesday.

As per reports, the verdict is likely to be delivered at around 10.30 am.

The court had on November 7 adjourned the cases against former Telecom Minister A Raja, DMK Rajya Sabha member Kanimozhi and others saying that judgement was not ready as documents filed in the case were voluminous, technical and still under perusal.

The court was hearing two separate cases related to 2G spectrum allocation. One is being probed by the CBI and the other by the Enforcement Directorate (ED). Final arguments in the case were concluded on April 26.

According to the Central Bureau of Investigation (CBI), Raja was biased in allocating 2G mobile air waves and operating licences to telecom firms, causing a huge loss to the state exchequer.

The CBI charge-sheet said Rs 200 crore were transferred from DB Group to Kalaignar TV, which were kickbacks in lieu of allocation of 2G spectrum to Swan Telecom Pvt Ltd.

The ED has filed a separate case related to money laundering alleging that a conspiracy was hatched by Raja, Kanimozhi, DMK supremo M. Karunanidhi’s wife Dayalu Ammal and others and that the Rs 200 crore was proceeds of the crime.

All accused, including Raja, are out on bail in this case.

The CBI has alleged that the promoters of the Essar Group were the real investors and beneficiaries of the spectrum and licences issued to Loop Telecom, which was used as a front company by Essar to acquire 2G licences and spectrum in 2008.

Essar and Loop promoters are facing trial for hatching conspiracy to cheat government for obtaining spectrum licence.

All the accused have denied the charges.