CBI FILES A CHARGESHEET AGAINST FIVE PERSONS AND THREE PRIVATE COMPANIES BASED AT MUMBAI, IN CONNECTION WITH ELIGIBILITY FOR OBTAINING UNIFIED ACCESS SERVICE LICENSES(UASL) FROM DEPTT. OF TELECOMMUNICATIONS.

Press Release
New Delhi , 12-12-2011

 

 

The Central Bureau of Investigation has today filed a chargesheet U/s 120-B r/w 420 IPC against two promoters of a Mumbai based private Telecom Group; Director of a Mumbai based Company; another Director of the said Company(an NRI); President of a Mumbai based private Telecom Business Group and three Mumbai based private telecom Companies in the Court of Special Judge(2G Cases), Patiala House Courts, New Delhi.

During the course of further investigation in the 2G Spectrum Case, and in the light of the order dated 16.12.2010 of Hon’ble Supreme Court of India, the issue of eligibility of companies who obtained Unified Access Licenses (UASL) from the Deptt. Of Telecommunications was investigated. During investigation, an allegation surfaced that a Mumbai-based private telecommunication firm, which had obtained 21 UAS Licenses and Spectrum from DOT in 2008-09 was a front company of another Mumbai based Telecom Corporate Group and was being controlled by it under a corporate veil in violation of Clause-8 of the UASL Guidelines dated 14.12.2005. The investigation has established that the said Telecom private firm was an ineligible company to get the said licenses being an associate/front company of another telecom Group /Group of companies, under a corporate veil.

The public is reminded that the above findings are based on the investigation done by CBI and evidence collected by it. Under the Indian Law, the accused are presumed to be innocent till their guilt is finally established after a fair trial.


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