New Delhi, Nov 22 (IBNS) The Supreme Court on Wednesday is expected to deliver its verdict over the bail plea of five top telecoms execs, who are in jail for over seven months for their alleged involvement in 2G spectrum scandal.
The verdict by Justice H L Dattu who had heard their arguments along with Central Bureau of Investigation (CBI) submission which opposes the bail plea for Unitech Wireless´ MD Sanjay Chandra, Swan Telecom´s Director Vinod Goenka and Reliance Anil Dhirubhai Ambani group´s executives Hari Nair, Gautam Doshi and Surrendra Pipara.
The CBI had named the five corporates along with former telecoms minister A Raja, his personal aide RK Chandolia, former telecoms secretary Siddhartha Behura, and Swan Telecom promoter Shahid Balwa in its 80,000-page chargesheet.
In perhaps the biggest scam in Independent India, allegedly masterminded by ex-minister A Raja, telecoms spectrum was given away at throwaway prices in 2008 causing a potential revenue loss of up to Rs 1.76 lakh crore.
