India Breaking News

Friday, February 4, 2011

2G scam: DMK channel under scanner

Chennai: The 2G scam probe may have just widened beyond A Raja.

Enforcement Directorate is probing a transaction in which Rs 214 crore were transferred from Mumbai-based DB Realty group to Kalaignar TV, which is owned by family members of Karunanidhi.

Probe agencies are interested in the deal because the telecom arm of DB Realty is among firms which got 2G licences in 2008 and more so because it was A Raja who was the Telecom Minister when the licence was handed out and that too allegedly at below-market prices.

The DB group's telecom arm sold 45% to Etisalat in 2009. The company, earlier known as Swan Telecom, is now called Etisalat-DB.



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