The Supreme Court will today hear the bail plea of DMK Chief Karunanidhi’s daughter and party MP Kanimozhi.
She has been named by the CBI as the co-conspirator in the 2G spectrum scam, along with former Telecom Minister A Raja.
Both the trial court and the Delhi High Court have denied her bail.
Infact, while rejecting her bail plea, the High Court observed that prima facie there was evidence to suggest her involvement in the scam.
The Supreme Court also issued a notice to the CBI and asked the agency where has the sum of Rs. 200 crore gone, and if it has been recovered how much loss has been caused to the exchequer by the illegal issuance of the 2G licences.
At last count, the CBI said the 2G scam cost India 30,000 cores. While Kanimozhi’s lawyer was arguing for her bail, one of the judges commented that corruption is one of the “the worst forms of human rights violations.”
Mr Raja was Telecom Minister in 2008 when he sanctioned mobile network licences and Second-Generation or 2G spectrum at unseemingly low prices to telecoms that he allegedly favoured. In return, he was allegedly paid hefty kickbacks. One of those illicit payments – a cheque for Rs. 214 crore – was deposited with Kalaignar TV in Chennai, which is co-owned by Kanimozhi and her stepmother.
Kanimozhi’s lawyers have argued that she was not an active participant in the company’s management. She has also said that the money under scrutiny was a loan that was returned with interest. The CBI has rejected this explanation.
She has been in Tihar Jail since May 20 when she was arrested by the CBI. NDTV