2G Scam | 23 April 2011

2G Scam | 23 April 2011


2G: ICICI Bank manager hints at Anil-Swan link

New Delhi: An ICICI Bank manager has indicated a possible link between ADAG Group chief Anil Ambani and Swan Telecom in the 2G scam case. (read more...)

Daily News & Analysis

2G scam: CBI probes BJP treasurer’s links with Shahid Balwa

New Delhi: The stain of the second generation mobile telephony spectrum allotment scandal appears to be spreading to the principal opposition Bharatiya Janata Party (BJP) as well. A source revealed on Saturday that the Central Bureau of Investigation (CBI) is probing the alleged links of BJP national treasurer Piyush Goel with DB Realty promoters Shahid Balwa and Vinod Goenka. His residence and offices may be raided in the next few days. (read more...)

The Times of India

Sr Goenka, Balwa to guide DB Realty

Mumbai: When the sons are in jail, its time for family patriarchs to take over the business. A day after its managing director Vinod Goenka was arrested in the 2G spectrum scam case on Wednesday, the controversial Mumbai-based real estate company DB Realty inducted his father, K M Goenka, as a non-executive director. The DB management similarly inducted Usman Balwa, father of Shahid Balwa, as a non-executive director, during a company board meeting held on Thursday. Shahid stepped down as MD after his arrest in February. His elder brother, Asif, the chief financial officer of DB, was also arrested last month in connection with the scam, described as the largest in India. (read more...)


Kanimozhi, stepmother in new 2G scam chargesheet

New Delhi: The second chargesheet in the 2G spectrum scam will be filed on Monday by the Central Bureau of Investigation court that’s been set up exclusively for the trial of India’s largest-ever scam. (read more...)