2G Scam | 9 September 2011

2G Scam | 9 September 2011

The Economic Times

2G scam case: Only a subsidiary can be an ’associate’, DoT tells CBI

New Delhi: The telecom department has told the CBI that the according to the law ministry a company can be an ’associate’ of another only if it is a subsidiary, and that two firms can be associates of each other if a parent company owns over 50% stake in both. (read story)

The Times of India

JPC upset over I-T’s tardy pace of 2G scam probe

New Delhi: The pace of income-tax inquiries into the 2G telecom scam seems to be glacial, with the department only arriving at part assessment of the Tata Group’s tax liability of 133 crore while liabilities of other players are still unclear. (read story)

No clean chit yet to Maran in Aircel case, CBI tells SC

New Delhi: The CBI on Thursday said it had not given any clean chit to former telecom minister Dayanidhi Maran in the case relating to alleged arm-twisting of C Sivasankaran to sell his stake in Aircel to Malaysia-based Maxis group, which had close links with the ex-minister’s family and TV channel. (read story)

The Hindu

We didn’t give Maran a clean chit: CBI

New Delhi: The Central Bureau of Investigation on Thursday denied that it had given the former Telecom Minister Dayanidhi Maran a “clean chit" in the 2G spectrum case, and blamed the media for misreporting what it said in the Supreme Court while reading out portions of a probe status report on 1 September. (read story)