A Delhi Court on Wednesday sent Kusegaon executive Rajiv Agarwal, arrested in connection with the 2G spectrum scam, to judicial custody in Tihar jail till April 15.
Special CBI Judge OP Saini, while accepting the plea of probe agency, sent Agarwal to judicial custody for 10 days.
"Accused Rajiv Agarwal is remanded to judicial custody till April 15, 2011 the date to which other co-accused is remanded," the court said.
Agarwal, who is associated with partnership firm of DB Realty--promoted by Shahid Usman Balwa, is accused of playing a pivotal role in the flow of money to Kalaignar TV in which Tamil Nadu Chief Minister M Karunanidhi's wife Dayaluammal has 60 % stake. He had been in CBI custody since his arrest on March 29.
The DMK chief's daughter and Rajya Sabha MP M Kanimozhi and Sharad Kumar, the Managing Director, have 20 % share each in the channel.
The CBI had sought 14 days' judicial custody of Agarwal saying that investigation into the case was not yet complete, therefore accused may be sent to jail.
The CBI's plea was opposed by counsel Vijay Aggarwal, appearing for Rajiv Agarwal, saying that since the probe has been completed by the agency and the accused is ready to co-operate, he should be released on bail.
Agarwal, Director of Kusegaon Fruits and Vegetables Pvt Ltd, a DB group company, was produced before the special court, constituted by the Supreme Court to deal with the 2G scam cases, after expiry of his two-day CBI custody.
Agarwal was arrested along with Asif Balwa, a cousin of Swan Telecom Promoter Shahid Usman Balwa, who has been chargesheeted in the 2G case, after CBI had conducted searches at the premises of Dynamic Realty, Kusegaon Fruits and Vegetables Pvt Ltd and Cineyug films Pvt Ltd in Mumbai.
Earlier, CBI prosecutor Akhilesh had said that Kusegaon and Cineyug Films Pvt Ltd entered into agreement on January 27, 2010 to justify some "malicious" deals.
The agency said Cineyug received a sum of Rs 200 crores from Kusegaon during the period between December 23, 2008 to August 7, 2009.
The CBI had also said that the accused had not disclosed the facts about the "heavy cash" which was sent to Green House Promoters Pvt Ltd.
Sadiq Batch, a close aide of former telecom minister A Raja and Director of Green House Promoters Pvt Ltd, was found dead under mysterious circumstances in Chennai last month.
Agarwal and Asif were directors of Kusegaon Fruits and Vegetables Pvt Ltd. Asif was also Director of DB Realty Pvt Ltd ,a partner of Dynamic Realty, and is presently in judicial custody.
Agarwal and Asif have not been named in the first charge sheet filed by the CBI on April 2.
The agency in its first charge sheet has alleged that Raja, former Telecom Secretary Siddharth Behura, Raja's personal secretary R K Chandolia, Shahid Usman Balwa and Sanjay Chandra entered into a conspiracy for manipulating the procedure for allocation of spectrum with the aim of favouring companies like Swan Telecom and Unitech Group.
Others named in the charge sheet include Vinod Goenka, a Director of Mumbai-based DB Realty, which was also the promoter of Etisalat DB, Sanjay Chandra, Managing Director of Gurgaon-based real estate company Unitech and Unitech Wireless(Tamil Nadu) Pvt Ltd and Gautam Doshi, Hari Nair and Surendra Pipara, Group Managing Director and two Senior Vice Presidents of Mumbai-based Reliance Telecom Company.