New Delhi: Essar promoters Ravi and Anshuman Ruia, and Loop Telecom's Kiran Khaitan and IP Khaitan have been charged with conspiracy while Essar's Director for Strategy and Planning Vikash Saraf has been charged with cheating and conspiracy in the 2G spectrum allocation scam. The Special Central Bureau of Investigation (CBI) court also granted them bail on a surety bond of Rs 5 lakh each while charging them.
Advancing arguments on framing of charges, CBI counsel A K Singh said Loop Telecom played "hide and seek" with the Department of Telecom (DoT) and concealed information from it regarding their relationship with Essar Group.
Referring to the conduct of Loop Telecom, he said, "first the company had not filed the clause 8 (of the Unified Access Services Licences guidelines) certificate which was mandatory to be submitted at the time of filing of the application (for spectrum) and secondly, when it gave the certificate on the asking of DoT, it submitted the same with incomplete information."
He said this shows that Loop Telecom was "concealing vital information about its relation with Essar group which is the subject matter of the case."...
more
04:22 PM, May 25, 2012
New Delhi: The Supreme court will hear the case filed by Essar and Loop prompters challenging criminal proceeding against them in the special CBI court on Wednesday. The promoters want the proceedings to be conducted before a magistrate. Essar Group promoters Ravi Ruia and Anshuman Ruia, Loop Telecom promoters IP Khaitan and Kiran Khaitan and Essar group director Essar Group director (strategy and Planning) Vikas Saraf claim the proceedings should...
08:36 AM, Apr 25, 2012
New Delhi: Essar Group promoters Anshuman and Ravi Ruia, accused in a case flowing out of the 2G scam, were on Saturday directed by a Delhi Court to appear in person before it with a warning they would suffer if they do not do so. The warning came from Special CBI Judge O P Saini after the Ruias and Loop Telecom promoters I P Khaitan and Kiran Khaitan also failed...
09:19 PM, Mar 17, 2012
New Delhi: Essar Group promoters Anshuman and Ravi Ruia, accused in a case flowing out of the 2G scam, were on Saturday directed by a Delhi Court to appear in person before it with a warning they would suffer if they do not do so. The warning came from Special CBI Judge OP Saini after the Ruias and Loop Telecom promoters IP Khaitan and Kiran Khaitan also failed to turn...
12:23 PM, Mar 17, 2012
New Delhi: The promoters of Loop Telecom and Essar Group failed to appear in court yet again on Wednesday. Promoters I P Khaitan and Kiran Khaitan were granted exemption from personal appearance by a Delhi court, which had summoned them as accused in the 2G case. "Exemption applications of four accused (Ruias and Khaitans) are allowed for today only," Special CBI Judge O P Saini said after taking note of...
10:27 AM, Feb 22, 2012
New Delhi: Fresh summons have been issued to top executives of Essar and Loop Telecom, accused in the 2G spectrum scam case, after they didn't appear before a Delhi court on Friday. The CBI has chargesheeted the two companies and five executives for criminal conspiracy and cheating to get the 2G license. The five executives - Essar Promoter Director Anshuman Ruia, Essar Vice Chairman Ravi Ruia, Essar Group Director (Strategy...
03:57 PM, Jan 27, 2012
New Delhi: Top executives of Essar and Loop Telecom accused in the 2G spectrum allocation scam failed to appear before a Delhi court on Friday. The five executives - Essar Promoter Director Anshuman Ruia, Essar Vice Chairman Ravi Ruia, Essar Group Director (Strategy & Planning) Vikas Saraf, Loop Telecom's Kiran Khaitan and IP Khaitan - were issued summoned by the special Central Bureau of India (CBI) judge OP Saini in...
12:03 PM, Jan 27, 2012
Essar group promoters Anshuman and Ravi Ruia are among the 2G scam accused named in the third chargesheet. ...
08:00 AM, Jan 05, 2012
New Delhi: The promoters of Essar Group and Loop Telecom were among the five persons who were directed to appear on January 27 before a Delhi Court which on Wednesday took cognizance of the CBI charge sheet arising out of the probe in the 2G scam case against them. "I have carefully gone through the copy of the FIR, supplementary charge sheet, statement of witnesses and related documents. On the...
05:57 PM, Dec 21, 2011
New Delhi: A special CBI court on Wednesday accepted CBI's chargesheet against Essar Group and Loop Telecom in the 2G spectrum scam case and issued summons to all eight accused named in the chargesheet. Notices have been sent to the eight accused - Anshuman Ruia, Ravi Ruia, Vikas Saraf, IP Khaitan, Kiran Khaitan, Loop Mobile, Loop Telecom and Essar Tele Holdings. Special judge OP Saini has also issued summons to...
03:13 PM, Dec 21, 2011
New Delhi: The special trial court set up to hear the case against Essar and Loop Telecom in the 2G spectrum allocation case, is yet to take cognizance of the chargesheet filed against both companies. The court on Saturday reserved its decision on the chargesheet till December 21. The trial court was supposed to decide whether to take cognizance of the Central Bureau of Investigation's (CBI) chargesheet against Essar and...
06:55 AM, Dec 17, 2011
New Delhi: Former Telecom Minister A Raja and 16 co-accused, against whom the trial has already begun in the 2G case, on Tuesday told a Delhi court that they be given copies of the third chargesheet filed against Essar group promoters Anshuman and Ravi Ruia and six others in the matter. Responding to the demand, Special CBI Judge OP Saini said the present accused may be supplied copies of the...
06:26 PM, Dec 13, 2011
New Delhi: The Central Bureau of Investigation (CBI) has filed another chargesheet against Essar and Loop Telecom in the 2G spectrum allocation scam case. Essar has been charged with controlling Loop Telecom through a stake in Vodafone. The 106-page chargesheet, third in the telecom scam case, names five individuals and three companies and there are 32000 pages of additional documents. In the chargesheet CBI has named Essar Promoter Director Anshuman...
03:36 PM, Dec 12, 2011
