2G Is A Scam: Court Rejects Bail Plea Five Leaders Corp

The court on Wednesday rejected the plea of ​​the five security companies, including promoter honchos Etisalat DB, Sanjay Chandra, in connection with the 2G spectrum.

order came from the bail application of Vinod Goenka Director Swan Telecom, Unitech Dr. Sanjay Chandra, and three senior officials of Anil Dhirubhai Ambani group (ADAG) - Gautam Doshi, Hari Nair and Surendra Pipara. They can be sent to jail.

The five leaders who were appointed by the Central Bureau of Investigation (CBI) indictment, was not arrested during the probe, reports ET.

Investigating agency had on April 15 applied for the award of the five leading business chargesheeted for their alleged role in the 2G spectrum of the scam, saying it can not escape and to avoid prosecution.

the CBI, which opposed his release on bail the media, said some key witnesses, who belongs to the company, he worked directly with them and the opportunity to gain the defendants could not be excluded.

The investigating agency had earlier issued notice to employers that have not been arrested as part of the scam.

The former Telecom Minister Raja, a former secretary of Telecom Secretary Siddhartha Behura personal limits and RK Chandolin promoter Shahid Usman Balwant Swan Telecom has the right to custody and received copies of the charge sheet.

All the accused have been booked under section 120 (B) (criminal conspiracy), 468 (forgery for cheating), 471 (using as genuine a forged document or electronic record) delivery, 420 ( cheating and dishonestly inducing property) and 109 (abetting the act is committed in consequence and encouraged in the absence of express provision is made for its punishment) of the Indian Penal Code.

Aja was forced to resign from the cabinet Union last year after the Comptroller and Auditor General of India (CAG) accused of underestimating the spectrum for companies that largely were eligible to 2G spectrum, and added that the government probably lost Rs.1.76 lakh crore in revenue.