NEW DELHI: After the arrest of Shahid Balwa, managing director of real estate house DB group, another real estate house has come under the CBI scanner in connection with the 2G spectrum allocation scam, reports said.
The CBI on Monday summoned Unitech managing director Sanjay Chandra as authorities probe whether some companies received favourable treatment in the granting of licences from former telecom minister A Raja.
Unitech declined to comment and the CBI was not immediately available for comment. Unitech has a mobile telecoms joint venture in India with Norway's Telenor.
The charges against Unitech, according to the CBI's FIR, was that it offlaoded 60 per cent of its shares to Telenor, a Norway-based telecom company and earned a profit of 267 per cent even before the roll out.
"M/s Unitech was alloted UAS licences for 22 cricles for Rs 1658 crore. It offloaded its 60 per cent of shares in the licences to Telenor of Norway for Rs 6100 crore even before the roll-out," the FIR said.
Earlier, some of the officials of the Unitech have already been questioned by the CBI and the Enforcement Directorate. Unitech has in the past denied any wrongdoing.
According to the FIR, "the estimated loss to the governemnt by grant of licences to these two companies (Swan and Unitech) alone comes to Rs 7,105 crore. On pro-rata basis, the estimated loss for all the 122 circles is more than Rs 22,000 crore."
Former telecom minister Arun Shourie too will appear before the CBI next week in connection with the agency's probe into possible criminal aspects in the telecom policy since 2001.
The CBI approached Shourie last week asking him to appear before the agency in connection with the preliminary enquiry registered by the agency following a direction from the Supreme Court.
TOI
The CBI on Monday summoned Unitech managing director Sanjay Chandra as authorities probe whether some companies received favourable treatment in the granting of licences from former telecom minister A Raja.
Unitech declined to comment and the CBI was not immediately available for comment. Unitech has a mobile telecoms joint venture in India with Norway's Telenor.
The charges against Unitech, according to the CBI's FIR, was that it offlaoded 60 per cent of its shares to Telenor, a Norway-based telecom company and earned a profit of 267 per cent even before the roll out.
"M/s Unitech was alloted UAS licences for 22 cricles for Rs 1658 crore. It offloaded its 60 per cent of shares in the licences to Telenor of Norway for Rs 6100 crore even before the roll-out," the FIR said.
Earlier, some of the officials of the Unitech have already been questioned by the CBI and the Enforcement Directorate. Unitech has in the past denied any wrongdoing.
According to the FIR, "the estimated loss to the governemnt by grant of licences to these two companies (Swan and Unitech) alone comes to Rs 7,105 crore. On pro-rata basis, the estimated loss for all the 122 circles is more than Rs 22,000 crore."
Former telecom minister Arun Shourie too will appear before the CBI next week in connection with the agency's probe into possible criminal aspects in the telecom policy since 2001.
The CBI approached Shourie last week asking him to appear before the agency in connection with the preliminary enquiry registered by the agency following a direction from the Supreme Court.
TOI
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