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Monday, June 13, 2011

SC adjourns Kanimozhi bail plea

The Supreme Court of India on Monday (13-June-2011) adjourned DMK MP Kanimozhi's bai plea till June 30 in 2G spectrum scam case.
Kanimozhi's application for bail was rejected last Wednesday (08-June-2011) by the Delhi High Court. She then appealed to the Supreme Court.

Terming corruption as the worst form of "human rights violation", the apex court asked the CBI to estimate loss accrued to the exchequer on account of licences issued to telecom operators during the tenure of A Raja as Telecom minister.

A vacation Bench of Justice BS Chauhan and Swatanter Kumar issued a notice to the CBI, asking it to file its response on the bail pleas in a week. The court granted a week's time to the CBI to file its response.

Kanimozhi and Sharad Kumar, named as accused in the second charge sheet for allegedly taking bribe of Rs 200 crore, were arrested on May 20 after the special court dismissed their bail pleas in the case.

Both Kanimozhi and Kumar have 20% each in Kalaignar TV Pvt Ltd, which allegedly received Rs. 200 crore through a "circuitous" route from Shahid Balwa promoted DB Realty.

Kanimozhi's lawyers have argued that she was not an active participant in the company's management. She has also said that the money under scrutiny was a loan that was returned with interest. The CBI has rejected this explanation.

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