2G spectrum scam verdict today: All you need to know about India's 2nd biggest scam

The unique CBI court is in all likelihood to pronounce the judgement inside the 2G rip-off on Thursday which rocked the telecom region a few years in the past and played a first-rate component in cementing the UPA authorities s popularity of being corrupt. The case concerned allocation of 122 telecom licences bundled with spectrum at costs determined in 2001 on a first-come-first-served basis by then telecom minister A Raja in 2008. The Comptroller and Auditor General stated that through no longer auctioning those airwaves the government suffered a notional lack of Rs 1.76 lakh crore. CBI pegged the loss at Rs 30 984 crore. The Supreme Court declared the gadget of allocating airwaves defective and cancelled the 122 licences belonging to 9 telcos in 2012. ET takes a take a look at those accused of being worried in the rip-off and the charges against them: POLITICIANS A. RAJA DMK (THEN TELECOM MINISTER) Allegations: A CBI charge sheet alleged that Raja conspired with the accused and http://www.fontspace.com/profile/purifieronline arbitrarily modified the first-come firstserved policy to make sure that Swan Telecom Pvt. Ltd. (STPL) and Unitech obtained licences. Charges: Criminal breach of agree with via a public servant (Section 409) criminal conspiracy (Section 120-B) dishonest (Section 420) forgery for motive of dishonest (Section 468) using a solid report as real (Section 471) booked underneath Prevention of Corruption Act for criminal misconduct and unlawful gratification. M. K. KANIMOZHI DMK MP Allegations: The CBI alleges that Kanimozhi majority shareholder of Kalaignar TV and daughter of DMK leader M Karunanidhi conspired with Raja to route Rs 200 crore from DB Realty and Swan Telecom cofounder Shahid Balwa to the TV company in go back for provide of spectrum to Swan Telecom. Kanimozhi changed into charged with tax evasion by the earnings tax department in Chennai. Charges: Criminal conspiracy (Section one hundred twenty-B) and booked beneath the Prevention of Corruption Act for unlawful gratification by means of a public servant. BUREAUCRATS SIDDHARTH BEHURA TELECOM SECRETARY From Jan 2008 to Sep 2009 throughout which the licences had been granted (In overdue 2008 Allegations: According to the CBI charge sheet Behura conspired with Raja and others to http://transatlanticwriting.com/myomeka/posters/show/389 save you telecom corporations from physically filing packages. Charges: Criminal breach of consider by a public servant (Section 409) crook conspiracy (Section a hundred and twenty-B) cheating (Section 420) and using a forged document as proper (Sections 471) booked beneath the Prevention of Corruption Act for crook misconduct. RK CHANDOLIA RAJA S PVT SECRETARY WHEN THE LICENSES WERE GRANTED Allegations: According to the CBI rate sheet Chandolia like Behura conspired with Raja and others to save you telecom businesses from bodily filing packages. Charges: Criminal conspiracy (Section 120 B) booked below the Prevention of Corruption Act for crook misconduct. EXECUTIVES RAVI RUIA VICE-CHAIR ESSAR GROUP ANSHUMAN RUIA DIRECTOR ESSAR GROUP VIKAS SARAF DIRECTOR OF STRATEGY