2G Scam Kanimozhi Arrested

Kanimozhi in custody in 2G scam case

Court reserves order on Kanimozhi's bail plea

2G scam probe: Kanimozhi denied bail, arrested

New Delhi: A special Central Bureau of Investigation (CBI) court on Friday denied bail pleas of DMK MP Kanimozhi and Kalaignar TV chief Sharad Kumar, named as co-conspirators within the 2G spectrum scam.

The court directed the CBI to require her and Kalaignar TV Managing Director Sharath Kumar into judicial custody.  The Rajya Sabha MP is going to be taken to Tihar jail.

The CBI had named Kanimozhi, daughter of DMK chief M. Karunanidhi, and Sharad Kumar as co-conspirators in its April twenty five supplementary charge sheet once it traced an illegal cash path of Rs.214 crore within the scam.

She is accused of conspiring and accepting bribes to rig 2007/08 grants of lucrative telecoms licences.

Kanimozhi, clad in an orange salwar-kurta, looked calm as she entered the Patiala House Court advanced in the course of her husband Aravindan.

Earlier within the day, when the special decide said the order would 'take your time and are available once one p.m.', Kanimozhi and Kumar looked relieved.

The 2G spectrum scam relates to irregularities within the allocation of airwaves to telecom firms that caused huge losses to the exchequer.

The scandal might have value Asia's third-largest economy $39 billion in lost revenues, comparable to the defence budget, sparking outrage against the govt. Analysts say the scandal value the DMK the election in Tamil Nadu.

This alternative|and several other} other corruption scandals in Singh's second term have battered the Congress-led coalition government, stymied its agenda for economic reform, and hurt foreign direct investment into one in every of the world's fastest-growing economies.

Kanimozhi has been charged with conspiracy and receiving bribes in conjunction with many of India's high business executives within the telecoms scandal. She denies the fees.

Her party colleague, the previous telecoms minister Andimuthu Raja, has been arrested within the case. Others arrested embrace executives of Reliance ADA cluster and Sanjay Chandra, the managing director of Telenor's India partner Unitech. All accused deny the fees.

Two officers of ADAG, Gautam Doshi and Hari Nair, who were additionally named within the charge sheet, were gift within the courtroom.

Cineyug Film's Karim Morani wasn't gift as he got exemption from personal look owing to his unwell health, whereas Surendra Pipara of Reliance, who is in judicial custody, wasn't presented within the court as he's undergoing treatment for a heart downside at the All India Institute of Medical Sciences (AIIMS).

Kalaignar TV channel had earlier stated that the Rs.214 crore it got was a loan and paid back with interest.