New Delhi: Former central telecom minister A. Raja, DMK MP Kanimozhi and seven others, who are accused of money laundering in the 2G spectrum allocation case, Monday moved their bail application in a court here.
DMK chief M. Karunanidhi’s wife Dayalu Ammal, who is Another accused in the case, did not appear before the court and sought exemption from personal appearance as she is not in a “fit mental condition”.
Central Bureau of Investigation (CBI) Special Judge O.P. Saini allowed Dayalu Ammal’s plea for exemption.
Raja, Kanimozhi, Swan telecom promoters Shahid Usman Balwa and Vinod Goenka, Kusegaon Fruits and Vegetables Pvt. Ltd. (KFVPL) directors Asif Balwa and Rajiv Agarwal, Bollywood producer Karim Morani, Kalaignar TV director Sharad Kumar and P. Amirthan appeared before the court in pursuance of summons issued against them May 2.
They moved their bail application before the court of Justice Saini, who has summoned them after taking cognizance of the Enforcement Directorate’s (ED) charge sheet in the case May 2. The court Monday directed the ED to provide documents to all accused and fixed May 28 as the next date of hearing.
Companies named in the case are Swan Telecom Pvt. Ltd. (STPL), Kusegaon Realty Pvt. Ltd., Cineyug Media and Entertainment Pvt. Ltd. (Cineyug Films), Kalaignar TV (KTV) Pvt. Ltd., Dynamix Realty, Eversmile Construction Company Private Limited, Conwood Construction and Developers (P) Ltd., DB Realty Ltd. and Nihar Construction Pvt. Ltd.
Authorised representatives of these companies appeared before the court.
The accused have been booked under various sections dealing with the Prevention of Money Laundering Act (PMLA).
“The investigation revealed that amount of Rs.200 crore was paid by promoters of STPL, using their group entity Dynamix Realty, to KTV, through KFVPL and CFPL (Cineyug Films) in the garb of legitimate financial transaction, that is as loan/share application money,” the ED has said in the charge sheet.
It said the payment was illegal gratification for and on behalf of Raja and his associates in lieu of illegal favours given to the STPL for grant of UAS licence.
The ED told the court that investigation has revealed that the return of Rs.200 crore has been done along with the additional amount in order to show this illegal payment in the guise of legal and bona fide financial transactions.