CBI on Thursday opposed the bail plea of 2G spectrum accused Asif Usman Balwa and Rajeev Agarwal in a Delhi Court alleging that being the top officials of two companies they played an active role in the routing of Rs 200 crore as alleged bribe to the DMK-run Kalaignar TV.
Special Public Prosecutor U U Lalit told special CBI judge O P Saini that "both the accused wore two hats -- one of officials in DB Realty and the other of directors in Kusegaon Fruits and Vegetables Pvt Ltd through which the alleged bribe money travelled to Kalaignar TV" in which DMK MP Kanimozhi has a stake.
He alleged illegal gratification of Rs 200 crore was transferred from Dynamix Realty, of which DB Realty was a partner, to Kusegaon Fruits and Vegetables Pvt Ltd and then to Cineyug Films Pvt Ltd on route to its destination Kalaignar TV. Seeking to bring out the alleged complicity of Agarwal and Asif, who is cousin of co-accused Shahid Balwa, Lalit submitted Dynamix acquired 49 per cent shares in Cineyug (held by co-accused Karim Morani) only subsequent to the transfer of the bribe money and they all were the umbrella companies of DB Realty. "So far as they are the umbrella companies, it makes no difference between any of them," Lalit said.