2G scam: Kanimozhi, stepmother interrogated by CBI

Saturday, March 12, 2011

At a time when the DMK can least afford it, the party is now literally the epicenter of the investigation into the 2G spectrum scam.

Weeks before Tamil Nadu votes, the DMK's party headquarters saw its president's daughter, Kanimozhi, interrogated along with her stepmother, Dayalu Ammal about a kickback of Rs. 214 crore from the spectrum scam.
Kanimozhi and Dayalu Ammal together own 80 per cent stake in Kalaignar TV, whose offices are based in the party's headquarters. A cheque for Rs. 214 crore that was deposited with Kalaignar has led to the theory that the channel may have served as a front for those involved with the scam, including the DMK's A Raja, the former Telecom Minister, who is now in jail.

Kanimozhi displayed her trademark composure after her interrogation. "We are answering, whatever questioning is required, we are cooperating unlike any other political leader. That speaks of us coming clean," she commented
In 2008, when he was Telecom Minister, Mr Raja gave away valuable spectrum at throwaway prices to companies including Swan Telecom, promoted by Shahid Balwa. He allegedly repaid Mr Raja Rs. 214 crore. Investigators believe the bribe was paid via a Mumbai company named Cineyug Films to Kalaignar TV.

However, Kanimozhi and the management of the channel have both said that the money was a loan that was repaid with an interest of Rs. 30 crore.

But if the DMK hopes to distance itself from the 2G scam that [...]

0 comments:

Post a Comment

 
 
 

Popular Posts