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Friday, February 03, 2012

SC Cancels the famous 2G Raja’s 122 licences to LOOT.

SC Cancels the famous 2G Raja’s 122 licences to LOOT.


உச்ச நீதிமன்றம் ராஜாவால் முறைகேடாக அனுமதி அளிக்கப்பட்ட அலைக்கற்றை உரிமங்களை ரத்து செய்துள்ளது.

The day on when extelecom minister A Raja completed exactly a year in jail, the Supreme Court on 2-2-2012 scrapped all 122 licences for 2G spectrum issued by him and held the entire process as illegal. Not just this, it felt constrained to go beyond the illegalities and decide on the policy of awarding spectrum by saying that the scare natural resource could only be given in an open auction.


The court, however, gave a short breather to Union home minister P Chidambaram. The 89-page judgment by Justice G SSinghvi and Justice A K Ganguly refused to decide Janata Party leader Subramanian Swamy’s petition seeking a CBI probe into the allegation of Chidambaram conniving with Raja to award the 2G licences. It left this to the special court dealing with the 2G case. The special court is expected to deliver its order on 4-2-2012.


At various places in the order, the two judges held that Raja ignored the advice of the PM and did not consult the finance minister or the law ministers something that strengthens UPA’s defence that he was acting on his own.


To ensure that the existing subscribers of the affected companies are not inconvenienced, the court laid down a four-month roadmap that will require telecom regulator Trai to suggest a new auction mechanism within two months. The government will then have to hold auction and grant licences by the end of the third month. The existing licences will be extinguished within four months.


The court also fined three firms which benefited from Raja’s decision — Etisalat DB Telecom (Swan Telecom), Unitech Wireless Group and Tata Teleservices — Rs 5 crore each on the ground that they “benefited by a wholly arbitrary and unconstitutional action... And who offloaded their stakes for many thousand crores in the name of fresh infusion of equity or transfer of equity.


With the support of their Political party, Ministers are misusing the power, and earning money in illegal allotment of licenses and through other criminal activities and telling that they are serving the people in a noble and moral way. People must have awareness about these politicians and take a vow to eliminate them from our society.
















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