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2G case | Court reserves order on Morani’s bail plea

2G case | Court reserves order on Morani’s bail plea
PTI
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First Published: Thu, May 26 2011. 04 49 PM IST

Updated: Thu, May 26 2011. 04 49 PM IST
New Delhi: A Delhi court on Thursday reserved its order on the bail plea of Cineyug Films director Karim Morani, an accused in the 2G spectrum case.
“Put up for order for 30 May,” Special CBI Judge O. P. Saini said.
Also See | 2G scam ( Full coverage )
During the arguments on bail, CBI prosecutor A. K. Singh said that Morani facilitated the transaction of Rs200 crore from DB Realty to Kalaignar TV, in which DMK MP Kanimozhi holds 20% stake.
The CBI said Morani took six crore for facilitating this Rs200 crore transaction.
Senior advocate Sidharth Luthra, appearing for Morani, submitted that the CBI should not oppose the bail plea of his client as they had not arrested him during the investigation of the case.
He said that Morani has no links with the public servants who are among the accused in the case.
Morani had filed his regular bail plea on 24 May after the court had denied anticipatory bail and directed him to appear before it.
CBI, in its second chargesheet in 2G case, had alleged Swan Telecom and Dynamix Realty promoters Shahid Usman Balwa and Vinod Goenka channeled Rs200 crore to DMK-run Kalaignar TV through Kusegaon Fruits and Vegetables Pvt Ltd and Morani’s Cineyug Films Pvt Ltd.
The court had earlier dismissed Morani’s anticipatory bail plea on medical ground, saying that as per 19 May reports received from the department of Cardiology and Neurosurgery of Mumbai’s J J Hospital, his condition is “stable and normal”.
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First Published: Thu, May 26 2011. 04 49 PM IST