This is one of the biggest scam by UPA goverenment in all time, which was also listed in number 2 in Time magazine in 2011.Though A Raja is one of the prime member of the ghotala (scam), but there are other popular members are also there, Some of them are Sonia Gandhi's Robort and prime minister Manmohan Singh, worst finance minister P Chidambaram, Kapil Sibal, M. K. Kanimozhi etc.

Exact Loss:
According to CAG the loss is around Rs 176,645 crore.
But according to CBI the loss is Rs 30,984.55 crore.
According to the Supreme Court, Govt of India the loss is Rs 14,000 crore.
But very strange report came from our dear  Minister of communications & IT Kapil Sibal : Its a Zero Losss.

Why it happened?
At that time A Raja approved 122 licenses in year 2008. According to court report: A. Raja "wanted to favour some companies at the cost of the public exchequer" and "virtually gifted away important national asset.

What A Raja Did?
The original plan for awarding licences was to follow a first-come-first-served policy to applicants. Mr Raja manipulated the rules so that the first-come-first-served policy would kick in - not on the basis of who applied first for a license, but who complied with the conditions. On 10 January 2008, companies were given just a few hours to provide their Letters of Intent and cheques. Those allegedly tipped off by Mr Raja were waiting with their cheques and other documents.

But A Raja told: "The question of my resignation does not arise. All decisions on spectrum licensing have been taken in accordance with procedures laid down by Telecom Regulatory Authority of India ( Trai) and in consultations with the Prime Minister".

Some Facts:
According to CAG several licenses were issued to firms with no prior experience in the telecom sector or were ineligible or had suppressed relevant facts.

According to CBI, several rules were violated and bribes were paid to favour certain firms while awarding 2G spectrum licenses.

Companies like Unitech & Swan Telecom got licenses without any prior telecom experience. Swan Telecom got the license even though it did not meet eligibility criteria. Swan got license for Rs 1,537 crore and then sold 45% stake to UAE based company Etisalat for Rs 4,200 crore.

Similarly Unitech Wireless, a subsidiary of the Unitech Group, got license for Rs 1,661 crore and later sold 60% stake for Rs 6,200 crore to Norway based company Telenor.

Companies who got licenses (no. of licenses):

Adonis Projects Pvt. Ltd. (6)
Nahan Properties Pvt. Ltd. (6)
Aska Projects Ltd. (3)
Volga Properties Pvt. Ltd. (3)
Azure Properties Ltd. (1)
Hudson Properties (1)
Unitech Builders & Estates Pvt. Ltd. (1)
Unitech Infrastructures Pvt. Ltd. (1)
Loop Telecom Pvt. Ltd. (21)
Datacom Solutions Pvt. Ltd. (21)
Shyam Telelink Limited (17)
Shyani Telelink Limited (4)
Swan Telecom Pvt. Ltd. (13)
Allianz Infratech (P) Ltd. (2)
Idea Cellular (9)
Spice Communications Ltd. (4)
S Tel (6)
Tata Teleservices

Punishment:
A Raja:
A Raja arrested on 2nd Feb 2011 and he was grant bail on 15th May 2012 and UPA closed the case. And now he is a free man with huge money in account.

M.K.Kanimozhi:
She was arrested in 20th May 2011 and got the bail in 28th Nov 2011.

As usual now the case is in court and it will go on for a very long period of time and UPA members will do ghotala regularly.

Now the question is: 
Is there any way India will get back those cores of money?
What action should be taken against A Raja and all other ministers who are part of those scams internally.
Why our judiciary system talking so much time to punish?
Will Jan Lokpal will be helpful in such cases?


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