Dr Subramanian Swamy’s blog says that the next meeting of the Action Committee Against Corruption in India will be held in Delhi on 3rd November to discuss the proposals for recovering the amounts in the alleged illegal accounts of politicians, businessmen and others in secret accounts abroad, and other topics connected with eradication of corruption from India
Dr Subramanian Swamy has always taken a lead in the 2G spectrum case investigations. He began by writing letters to the Prime Minister about the involvement of A Raja, former telecom minister in the Union Cabinet. Today, he is working alongside the CBI (Central Bureau of Investigation) and the Supreme Court (SC) to ensure that all the wrongdoers are punished.
The SC reserved its verdict on examining the alleged role of home minister
P Chidambaram (PC) in the 2G scam case. And now, additional documents have been submitted to the SC to show how the finance ministry under him permitted Swan, a ‘front’ company of Anil Ambani’s Reliance Telecom, to offload its shares in the nick of time to make it eligible for the 2G spectrum licence.
Petitioners Subramanian Swamy and Prashant Bhushan in the documents and their written submissions submitted to a bench of justices GS Singhvi and AK Ganguly drew the attention of the court to the fact that finance ministry under PC had given clearance to Swan for offloading shares in favour of UAE-based Etisalat and Mauritius based Delphi (9.9% stake).
The CBI submitted to the trial court that Anil Ambani “is a majority shareholder and chairman of Reliance Telecom, and Swan was a company set up by it with Rs1,000 crore fund as disguise” to enable Reliance to get 2G licence for GSM service in 20 circles where it was operating CDMA service.
Similar permission was allegedly allowed by the then finance minister to Unitech to offload its equity in favour of Telenor, the petitioners’ documents stated. This was the reason why CBI had roped in Reliance’s three top officials—Gautam Doshi, Hari Nair and Surendra Pipara, Swan’s Vinod Goenka and Unitech's Sanjay Chandra as alleged co-conspirators with Raja, his private secretary RK Chandolia and the then telecom secretary Siddhartha Behuria, the papers said.
According to Dr Swamy, “Chidambaram had advised Raja that it was legal to ‘dilute’ the shares (mentioned in interlocutory application No 24 on page 13). Swan Telecom and Unitech got a huge bonanza according to the CBI by releasing their 45% and 60% equity respectively to two blacklisted firms—Etisalat and Telenor.”
Dr Swamy has not stopped with his submissions to the SC. According to his blog, the next meeting of the Action Committee Against Corruption in India (ACACI) will be held in New Delhi on 3rd November to discuss the proposals prepared by the Committee members on how civil society can recover the amounts in the illegal accounts of politicians, businessmen and others in secret banking abroad and other topics connected with matters concerning eradication of corruption from India.
Finally, Dr Swamy has also planned a protest in New York near the Indian Consulate. He has requested “like-minded” men and women of Indian origin to come to the protest venue.
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