CBI Charges Telecom unit, executives of three with the instigation of deception

NEW DELHI: CBI has gained confidence Telecom and three of its top executives with only instigation of deception, along with other charges.

By contrast, all other defendants named in the charge sheet presented on Saturday - Swan Telecom, Unitech Wireless, its officers, the former telecommunications minister A Raja, former secretary Siddharth Raja Behura and private secretary RK Chandolia - have been slapped with accusations of fraud along with other crimes such as criminal conspiracy, forgery and bribery.

In the case of Reliance ADAG and executives, Section 109 read with 420 of the Penal Code of India is abetting the deception has been added by the CBI on the charge sheet for the first time since a complaint was filed against unknown persons in October 2009.

The accusations come at a time depending on Telecom and its three executives - Gautam Doshi, Pipara Surendra and Hari Nair - are accused of having organized the participation of the Swans so the Anil Dhirubhai Ambani Group was your only real owner. ADAG dependence had a direct 9.9% stake in Swan, while the remaining 90.1% was in the hands of the merchants of the tiger.

Swan is a key beneficiary of 2G licenses and spectrum assigned by former telecom minister A Raja.
"Reliance ADAG helped in the management of a swan, but for the moment Swan licenses, the group came out of it and was not part of it. We found only evidence against the trust. We found no evidence of fraud to date, "said an official.
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