A court here on Wednesday reserved verdict in the 2G spectrum allocation case, in which former Telecom Minister A. Raja and DMK Rajya Sabha member Kanimozhi are being tried.
CBI Special Judge O.P. Saini said the verdict may be delivered on July 15.
The Central Bureau of Investigation court also directed both the prosecution and defence to submit their written submissions by July 5, the date fixed for seeking clarification, if required.
According to the CBI, the then Telecom Minister Raja was biased in allocating 2G mobile airwaves and operating licences to telecom firms, causing a huge loss to the state exchequer.
The CBI chargesheet 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.
It held that a conspiracy was hatched by Raja, Kanimozhi, DMK supremo M. Karunanidhi's wife Dayalu Ammal and others and that Rs 200 crore was proceeds of crime.
All accused, including Raja, are out on bail.
--IANS
akk/tsb/vt
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
