CBI opposes Sunil Mittal & Ravi Ruia's plea in additional

Image
Press Trust of India New Delhi
Last Updated : May 29 2013 | 8:42 PM IST
CBI today pleaded with the Supreme Court not to quash the trial court's order making Bharti Cellular Ltd CMD Sunil Mittal and Essar group promoter Ravi Ruia as accused in the additional 2G spectrum allocation scam during NDA's tenure.
The agency supported the reasoning of the trial court's order which had made the corporate honchos accused saying that they were "directing mind and will" of the companies which benefited because of "illegal" allocation of spectrum causing loss to public exchequer.
In separate affidavits filed before the apex court on the petitions of Mittal and Ruia, CBI said companies --Bharti Cellular Ltd, Hutchison Max Telecom Pvt Ltd (now known as Vodafone India Ltd) and Sterling Cellular Ltd (now known as Vodafone Mobile Service Ltd)---cumulatatively benefited by Rs 846.44 crores and caused loss to the exchequer due to additional spectrum "illegally" alloted to them when Pramod Mahajan was at the helm of affairs in the Ministry.
Supporting the special CBI court's decision to make them accused, the agency said the Judge had passed the order after being satisfied that there is enough material against them and contended they should defend themselves before the same court which had issued summons to them.
It also countered the plea of Mittal and Ruia that they cannot be prosecuted for the "wrong" committed by the companies saying the directors of a company may be made accused upon prima facie satisfaction that they are at the helm of affairs when a corporate entity commits a criminal act.
The affidavits were filed in compliance with the April 26 order of the apex court directing the agency to file response on the plea of Mittal and Ruia challenging the trial court order summoning them as accused in the case despite not being named in the chargesheet.
On March 19, Mittal and six others were summoned as accused by a special CBI court which said there were "enough material" to proceed against them in the case.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

First Published: May 29 2013 | 8:42 PM IST

Next Story