NEW DELHI, Sept 29: A special court today reserved for October 20 its order on framing of charges in a 2G scam related money laundering case in which Enforcement Directorate had chargesheeted ex-telecom minister A Raja, MP Kanimozhi, DMK supremo M Karunanidhi’s wife Dayalu Ammal and 16 others.
Special CBI Judge O P Saini reserved the order after the counsel for ED and the accused concluded their arguments on framing of charges in the case.
ED, in its charge sheet against the 19 accused, including 10 individuals and nine companies, had alleged that they were involved in the Rs 200-crore money transaction which was not “bonafide” and “genuine” and it was a “bribe for grant of telecom licences to DB Group companies” by Raja.
The agency had claimed that the series of transactions relating to transfer of Rs 200 crore from DB group company to DMK-run Kalaignar TV through Kusegaon Fruits and Vegetables Pvt Ltd and Cineyug Films Pvt Ltd were not “genuine business transaction”.
The accused, however, had countered the claims of the ED contending there was no evidence to support the allegations levelled by the agency.
The counsel appearing for Raja and Kanimozhi had argued in the court that documents filed along with the ED’s complaint nowhere show that they were connected with the Rs 200-crore transaction from DB group to Kalaignar TV.
Similarly, other co-accused, including Swan Telecom Pvt Ltd promoters Shahid Usman Balwa and Vinod Goenka, had argued that there were no evidence to connect them with the alleged crime and its proceeds.
According to ED, Kanimozhi and co-accused Sharad Kumar, MD of Kalaignar TV, were having 20 per cent stake each in the TV channel while Dayalu Ammal was holding the rest 60 per cent stake. All the individual accused in the case are presently out on bail.
In its charge sheet, ED had claimed that its probe into the case emanates from the 2G spectrum allocation scam and the accused had allegedly conspired and committed offences under provisions of the Prevention of Money Laundering Act (PMLA).
Besides Raja, Kanimozhi and Dayalu Ammal, the other accused in the case are Shahid Usman Balwa, Vinod Goenka, Directors of Kusegaon Fruits and Vegetables Pvt Ltd Asif Balwa and Rajiv Agarwal, Sharad Kumar, Bollywood producer Karim Morani and P Amirtham.
ED has also named Swan Telecom Pvt Ltd, Kusegaon Realty Pvt Ltd (formerly known as Kusegaon Fruits and Vegetables Pvt Ltd), Cineyug Media and Entertainment Pvt Ltd (formerly known as Cineyug Films Pvt Ltd), Kalaignar TV Pvt Ltd, Dynamix Realty, Eversmile Construction Company Pvt Ltd, Conwood Constructions and Developers (P) Ltd, DB Realty Ltd and Nihar Constructions Pvt Ltd as accused in the case.
In its charge sheet, ED had alleged that its investigation has revealed that amount of Rs 200 crore was paid to Kalaignar TV by Shahid Usman Balwa and Vinod Goenka through Kusegaon Fruits and Vegetables Pvt Ltd and Cineyug Films Pvt Ltd in the “garb of legitimate financial transactions i.E. As loan/share application money”.
The charge sheet claimed that Rs 200 crore, which was paid in lieu of illegal favours given to Swan Telecom for grant of UAS licence, was repaid with additional money to show that it was a legal transaction. (PTI)
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