Wednesday, June 8, 2011

e Delhi High Court, today rejected the bail plea of 2G scam co-accused Kanimozhi & Kalaignar TV's Managing Director, Sharad Kumar

The Delhi High Court, today rejected the bail plea of 2G scam co-accused Kanimozhi; daughter of DMK Chief Karunanidhi and a DMK Member of Parliament. The High Court also rejected the bail plea of Kalaignar TV's Managing Director, Sharad Kumar. Kanimozhi and Sharad Kumar had moved the Delhi High Court challenging a trial court's order against the dismissal of their bail pleas on May 20.

Kanimozhi has been charged by the CBI for allegedly accepting a Rs. 214-crore bribe that was a part of India's largest swindle; the 2G scam. Her party MP and Dalit leader, A Raja has been in Tihar Jail since February, for allegedly planning and executing the 2G scam while he was Telecom Minister in 2008.

Kanimozhi, her stepmother Dayalu Ammal and Sharad Kumar are all stakeholders in the Kalaignar TV. The CBI has been able to chart out the entire money trail from Swan Telecom to Kalaignar TV. Sources have said that Balwa routed the money to Kalaignar via Kusegaon fruits and vegetables and Cineyug Private Limited.

Kanimozhi had appeared before the court for the first time on May 6 complying with the summons issued to her after the second chargesheet filed by the CBI named her as an accused in the case. She was directed by the court to be personally present till her bail was decided upon. Kanimozhi was earlier granted exemption for May 12 and 13 as she and Sharad Kumar were to appear before the Income Tax office in Chennai.

The CBI, on the other hand, has been opposing her bail saying her "complicity" in the alleged bribe given to Kalaignar TV in the 2G scam is clear. "The transactions are nothing but the transfer of bribe money to Kalaignar TV. Kumar (MD of the channel) alone cannot be held responsible when a family is having the controlling shares," special public prosecutor U U Lalit had said.

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