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HindustanTimes Mon,20 Oct 2014

CBI witness changes 2G case statement

PTI  New Delhi, August 06, 2013
First Published: 01:42 IST(6/8/2013) | Last Updated: 03:21 IST(6/8/2013)

A CBI witness on Monday said Khaitan Group was the “ultimate holding company” of BPL Mobile Communication Ltd which later became Loop Telecom Pvt Ltd, an accused firm in a case arising out of the 2G spectrum scam probe.

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S Subramaniam, a former CFO of BPL Cellular Ltd, told a Delhi court during his cross examination by senior advocate Harish Salve, who appeared for accused firm Essar Teleholdings Ltd (ETHL).

This is contrary to his earlier statement given before the court in which he had said that as per his “understanding”, Loop Telecom was controlled by Essar group.

BPL Mobile Communication Ltd, which was taken over by the Khaitan group, was later renamed as Loop Telecom.


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