The 2G Special Court on Tuesday reserved order for August 6 on the bail petitions filed by former Telecom Minister A Raja and DMK MP Kanimozhi on the money laundering charges filed by the Enforcement Directorate. The ED chargesheeted 19 people including companies for routing of kickback of Rs200 crore from accused Shahid Balwa linked companies to DMK party run channel Kalaignar TV.
Special CBI Judge OP Saini reserved the order on the bail pleas after hearing the arguments of the Enforcement Directorate and the counsel appearing for the accused persons. The charges framed under Prevention of Money laundering Act stipulates punishment for three years to seven years and confiscation of assets.
Besides Raja and Kanimzohi, the ED had also named Swan Telecom promoters Shahid Balwa and Vinod Goenka, Directors of Kusegaon Fruits and Vegetables Pvt ltd Asif Balwa and Rajiv Aggarwal, Kalaignar TV MD Sharad Kumar, Bollywood producer Karim Morani, DMK supremo M Karunanidhi’s wife Dayalu Ammal and P Amirtham as accused in the case.
The ED has also named Swan Telecom Pvt ltd, Kusegaon Realty Pvt ltd (formerly known as Kusegaon Fruits and Vegetables Pvt ltd), Cineyug Media and Entertainment Pvt ltd (formerly known as Cineyug Films Pvt ltd), Kalaignar TV Pvt ltd, Dynamix Realty, Eversmile Construction Company Pvt ltd, Conwood Constructions and Developers (P) ltd, DB Realty ltd and Nihar Constructions Pvt ltd as accused in the case.