Friday, February 11, 2011

DMK Affiliated To Telecoms Scandal

The badge on Thursday affiliated a key accessory of the cardinal Congress affair to a multi-billion dollar telecoms scam, ambidextrous a beginning draft to a government already bedridden by bribery scandals.

A badge advocate told a cloister companies affiliated to a telecoms abutting beneath analysis for affairs adaptable licences at unfairly bargain prices had paid 2.14 billion rupees ($47 million) to a TV approach run by the Dravida Munnetra Kazhagam (DMK), which helps the cardinal affiliation advance its abbreviate majority in parliament.

The capital action Bharatiya Janata Party, which had brought assembly to a standstill ambitious a delving into India's better bribery scandal, has said Prime Abbot Manmohan Singh's assurance on the DMK prevented him from bound acid the case.

The most recent cloister abstracts appear a day afterwards the government appeared abutting to accordant to a broad, cross-party analysis in the scandal, paving the way for assembly to resume as accustomed on Feb. 28 for a affair that will see discussions on the budget.

The betray does not abuse the adaptation of the government, but it has blah Singh's acceptability and ashamed investors in Asia's third better economy.

While scrambling to ascendancy the fallout from the scandal, one of the abounding during the Congress' additional term, the government is additionally absent from policymaking, added dabbling acute bread-and-butter reforms such aperture up the retail and banking sectors to adopted investors.

Court abstracts filed by the Central Bureau of Investigation, and apparent by Reuters, showed that a aggregation affiliated to Shahid Balwa, the carnality administrator of a collective adventure amid a bounded abutting and Abu Dhabi's Etisalat, had accustomed the money to a TV base what was affiliated to Andimuthu Raja, the ashamed telecoms abbot who was sacked over the scandal.

Authorities accept arrested Raja, a DMK member, and Balwa in affiliation with the scandal, in which the government is declared to accept absent as abundant $39 billion in the accolade of second-general telecoms licences in 2008.

"There was a transaction of about 2.14 billion rupees from Cineyug Films to Kalaignar TV in the year 2009," the cloister abstracts said.

The certificate said Kalaignar TV, which is controlled by the DMK, was affiliated to Raja and that the money was accustomed to Cineyug by firms controlled by Balwa and his relatives

Balwa's laywer, Vivek Aggrawal, told the cloister the money was accompanying to a accord Cineyug was because with Kalaignar TV.

"At the aftermost moment our talks fizzled out. This money has been returned," he said. DMK admiral beneath to comment.

Separately, the Supreme Cloister appropriate on Thursday a appropriate cloister try all cases accompanying to the telecoms scandal. The government has two weeks to acknowledge to the suggestion.


Post a Comment