Court to decide on bail petitions of accused in 2G scam on May 30

New Delhi, 28 May-2014(ANI): A Delhi Court on Wednesday said that it would decide on the bail petitions of the accused allegedly involved in money laundering in 2G-scam case on May 30.

Court to decide on bail petitions of accused in 2G scam on May 30

Court to decide on bail petitions of accused in 2G scam on May 30

The court granted two days extension to all the accused to scrutinise the documents related to chargesheet filed by Enforcement Directorate (ED).

Former Telecom Minister Andimuthu Raja, Dravida Munnettra Kazhagam (DMK) MP Kanimozhi and seven other accused moved bail applications before a Delhi court on Monday.

Lawyer of Vinod Goenka, one of the accused in the telecom scam, Majid Memon, said the accused sought more time to go through the documents related to the chargesheet.

“In the matter related to the Prevention of Money Laundering Act (PMLA), the court has ordered the accused to scrutinise documents related to chargesheet. The defence lawyers are scrutinising various statements, documents and seized materials. After this they will make a statement that all the documents have been furnished and there are no drawbacks in it. The next step is that there will be a debate on the charges and on the bail application. The next hearing is scheduled to take place on May 30,” said Memon.

In 2012 police had charged a total of 19 people and six companies in the alleged scam, including Raja, who presided over the 2008 licensing process, and several high-ranking corporate executives.

All accused in the case have denied any wrongdoing and their trial is going on.

The scandal is the largest of the several that emerged in former Prime Minister Manmohan Singh’s second term, weakening the government’s political authority.

The Comptroller and Auditor General (CAG) had estimated a potential revenue loss of up to $39 billion to the government due to sale of licences at below-market prices in that period. (ANI)