2G Scam: CBI Spotlight Falls on Anil Ambani

Friday, September 30th, 2011 | by

Then lastest to come under the CBI scanner in connection with 2 G scam is Chairman of Reliance Communication, Anil Ambani. The SC has been informed by CBI about his alleged role and subsequent investigation regarding the scam beneficiaries.

“Swan, at the time of application, was an associate of RTL. Investigations have also disclosed that Tiger Trader Pvt Ltd, which held maturity stake inSwan telecom Pvt Ltd, was also an associate company of Reliance ADA Group. Both the compnaies had no business history and were activated solely for the purpose of applying for UAS licences in 13 telecom circles,” the states the first chargesheet.

Surendra Pipara, Gutam Doshi, Hari Nair- 3 senior employees under Anil Ambani Anil, who were under CBI radar, are now imprisoned. They face the allegation of using a front company for circumventing the company rules framed in 2008 for obtaining further licenses and spectrum. In the chargesheet filed in the special court, the agency said the Reliance Telecom Ltd (RTL) used Swan Telecom, an ineligible firm, as its front company to get licenses and the costly radio waves.

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