Recently Delhi high court rejected the bail plea of 17 persons including former telecom minister A. Raja and Kanimozhi as they have been charged on grounds of criminal conspiracy, breach of trust, cheating and forgery. Earlier the telecom ministry issued licenses to the telecom operators on first come first serve basis instead of regular biding process.
According to which the licenses should be issued to the highest bidder having experience in the field of telecom. But due to the policy of telecom ministry the licenses were issued to new players in the market without prior experience in telecom. And as a result the government of India suffered huge revenue losses, estimated to be around 1.76 lakh according to the CAG reports.
Earlier this 2G spectrum was brought in 2003 by the NDA government, according to which the telecom ministry was to function in close coordination with the finance ministry.
And at that point of time the finance minister of the country was Mr. P. Chidambram the question arises if the directives were to issue licenses in coordination with the finance ministry then Mr. P. Chidambaram must be having knowledge of the scam.
But he has escaped the CBI scanner, so a fresh enquiry as to whether Mr. P. Chidambram was involved in the 2G scam or not should be carried out by CBI.
Legal News reported by Abhishek Kumar