'Enough evidence of money laundering in 2G scam'

  • Avantika Mehta, Hindustan Times, New Delhi
  • Updated: Apr 30, 2014 22:58 IST

The Enforcement Directorate (ED) told a city court on Wednesday that a prima facie case of money laundering had been made out against the 10 individuals and nine companies who had been chargesheeted by it on April 25.

Counsel for ED Raj Shekhar Rao claimed that a transaction of Rs 200 crore, which had allegedly been paid to DMK-run Kalaignar TV, was "not genuine". It was a "bribe for grant of telecom licenses to DB Group companies", he said.

On A Raja's alleged role, ED said, that he had used his former designation as the telecom minister to play a central role in the allotment of licenses. He had "assisted" in laundering the money, it added.

The ED's made the disclosures during a hearing, in which the court was considering the issue of taking cognizance of the ED's charge sheet against former telecom minister A Raja, DMK MP Kanimozhi and 17 others in connection with a money laundering case relating to the 2G scam.

Special CBI judge OP Saini reserved his order on the matter till May 2.

Prosecution also alleged that the moment Raja was called by the CBI for questioning in connection with the 2G case, a "reverse trail" of money emerged from Kalaignar TV to Dynamix Realty through Cineyug Films Pvt Ltd (CFPL) and Kusegaon Fruits and Vegetables Pvt Ltd (KFVPL).

Raja, Kanimozhi, Shahid Balwa, Vinod Goenka, Asif Balwa, Rajiv Aggarwal, Karim Morani and Sharad Kumar are also facing trial in the 2G scam case in which CBI had earlier filed charge sheets.

ED claimed to have found evidence with regard to the channeling of Rs 200 crore to Kalaignar TV in a manner that layers the illegal gratification under the garb of a loan.

It had earlier also scrutinised documents related to the DMK MPs' incomes, properties and personal investments.

Attachment proceedings under Prevention of Money Laundering Act 2002 against other individuals and certain telecom firms involved in the case had also been initiated.

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