MOTHER OF ALL SCAMS: RS-1.76 LAKH CRORE
TELECOM MINISTER A.RAJA DID RS-1.76 LAKH CRORE 2G SPECTRUM SCAM, BUT GOVERNMENT IS STILL SAVING TAINTED MINISTER FROM C.B.I.
IN September 2010 Government appointed new C.V.C (Central Vigilance Commission ) chief P.J. Thomas who is former Telecom Secretary . P.J. Thomas was retired from Telecom Secretary post from August,2010 , how a tainted person make internal enquiry .Central Government is not allowing C.B.I. to file an F.I.R. against tainted Union Telecom Minister A.Raja.
2G LICENSE WAS SOLD OUT FOR JUST RS-10,400 CRORE AND 3G LICENSE FETCHED RS-1 LAKH CRORE.
Mobile subscriber base had shot up to 350 million in 2008 from 4 million in 2001
The final Comptroller and Auditor General (CAG) report also shows out of the 122 new licenses that were given out, 85 licenses were won by companies that did not meet the eligibility criteria. Six of the Unitech group companies which applied for licenses for 20 circles did not meet requirements.According to the CAG 12 companies lied about their paid up capital. Bidders must have a minimum of Rs 3-10 crore as paid up equity capital but most of the companies who won the licenses did not meet the mark. These are Unitech Builders, Venugopal Dhoot’s Videocon, Swan Telecom, Loop Telecom (reportedly owned by Ruias), S Tel, an unknown company owned by a shadowy entity Telecom Investments (Mauritius) Ltd and older players such as Shyam Telelink,Idea Cellular,Spice and Tatas. Only a few of these were telecom companies or had any real interest in telecom.
MINISTER A.RAJA FALSE CLAIM:–
The minister has referred to National Telecom Policy (NTP) 99 and the TRAI recommendations of 2003 to justify his first-come-first-served principle. The simple fact is that after NTP 99, there was an auction in 2001 for the 4th GSM license and therefore referring to NTP 99 for justifying this principle does not hold water.
TRAI CHAIRMAIN & OTHERS REBUTTED:–
TRAI, experts within and outside the government, had all stated then that there was no justification for using 2001 prices when there were barely 4 million mobile subscribers as against 300 million subscribers in 2007.The then TRAI chairman Nripen Mishra had had rebutted the minister’s claim that TRAI had recommended first-come-first-served with 2001 pieces and clarified their recommendations had asked that new entrants be brought in through a multi stage bidding process.But this is not all. There was a detailed note prepared in 2007 by the secretary telecom, DS Mathur, which had evaluated three options regarding award of licenses.But government issued licences after his retirement.
WHO GOT BENEFIT:———————-
SWAN CAPITAL——–SWAN got the license for a mere Rs 1,537 crore. Swan, which now has Etisalat as partner, sold 45 per cent of its stake to Etisalat for 4200 Crore ($900 million) , taking its book value to $ 2 billion (Rs 10,000 crore). This is without putting up any infrastructure, let alone actually starting operations. Ambani owned Reliance Telecom equity in swan was Rs-1,002.79 crore & another was Tiger Traders Rs-98.22 crore. But Reliance held 10.71% stake only. The secret behind is that rules not allow an entity to hold over 10% stake in two ventures operating in the same circle. Ambani had submitted for GSM license in January 2007, when his Reliance Mobile was permitted to operate only CDMA system. , Swan was taken over by Maharashtra based real estate entrepreneurs Shahid Balwa and Vinod Goenka of Dynamix Balwa group.There are rumours in the telecom sector that the take over real estate businessmen was felicitated by Raja. Shareholding pattern of Swan coincides with zoology, where the ownership goes to Tiger Trustees, which controls Parrot Investments in Mauritius, which owned by Zebra Investments in off-shore money parking islands in the Indian Ocean. The documents filed with Registrar of Companies, Mumbai reveal the mysterious allotment of shares to Tamil Nadu based businessmen in Swan. On December 17, 2008 the Swan has allotted Rs.380 Cr worth shares to Chennai based Genex Exim Ventures.
UNITECH WIRELESS——-UNITECH got the spectrum license for Rs 1,650 crore from the DoT, started Telecom Company “UNINOR”. Articles Of Association was altered in may 2008, but date of application was 24 september , 2007 . The Unitech-Talenor (of Norway) deal was no different: it sold 60 per cent of its stake to Talenor for Rs 6,200 crores while paying only Rs 1,661 crore as license fee. The company had lower than prescribed capital .
LOOP TELECOM——-SHIPPING STOP DOT COM (SSDC) , earlier name of LOOP Telecom, owned by Ruias, Authorised Share Capital was Rs- 5 Lakh against prescribed norm of Rs- 8 Crore, Had submitted false certificate from company secreatry.
S- TEL———–S- TEL, an unknown company owned by a shadowy entity Telecom Investments (Mauritius) Ltd . Authorized capital of Rs- 10 Lakh against prescribed level of Rs- 18 crore , Had submitted false certificate from company secreatry. S-tel which now has large stake by Baharian Telecom.
VIDEOCON—————-DATACOM SOLUTIONS, Owned by Venugopal Dhoot’s, originally applied for lisense with Authorised capital of Rs- 1 lakh against Rs- 138 crore prescribed capital.
TATA TELE—- Tata Tele sold his 27% stake in Docomo of Japan.
Reliance & Tata Tele already had a licence in that area.
” The end loser was the government, which could have earned thousands of crores more,” said a CBI official.
Several retired officers are joining several private companies and in turn got very good blocks in their biddings of NELP in different phases. The reason for surprise is that as long as they are in service, neither of the government owned oil and gas exploration companies are benefitted due to their accruement.These are Pradip Baijal, former Chairman – TRAI and former Secretary – Disinvestment Government of India, C M Vasudev, former Secretary – Economic Affairs, former Secretary – Expenditure and former Secretary – Banking, Ajay Dua, former Secretary –Department of Industrial Policy & Promotion, Ministry of Commerce and D P S Seth, former Member – TRAI, former CMD of BSNL and ex-officio Secretary – DOT.
Nexus between country Topmost Journalists & tainted persons—
Barkha Dutt Tape conversation Download —– 3.54 mb
WHAT A.RAJA GOT BENEFIT :—
A communication between the Income Tax Department and the CBI shows that nine phone lines were tapped by the I-T Department’s investigation wing. The first phase of 120 days of tapping started on August 20, 2008, and the second phase of 180 days on May 11, 2009.
Green House has even opened a Singapore office, violating the foreign exchange norms. In Kovai Shelters, one director Dr.R.Sridhar, nephew of Raja is holding 15 per cent shares, while holding a Class-1 officer post in the Ministry of Environment.”The Pioneer” reported on December 15, 2009 quoting highly placed sources in the Telecom Ministry on the plan of Swan Telecom to acquire 49 shares in Raja’s relative’s Green House. But this move was aborted and the money parking took a different route.
Raja shunted out all the senior officials in the BSNL and Wireless Planning—
Co-ordination (WPC) wing of Telecom Department who objected the favoritism to the Swan. BSNL has never entered into Intra Circle Roaming deal with any operator till date.
With this deal, the Swan can use the spectrum, communication towers and the entire network of BSNL, without any cost. Though the BSNL management suggested charging 52 paise per call, it was mysteriously absent in the MoU.The BSNL was forced to sign this deal, just 10 days before the sale of Swan’s shares to Etisalt for 900 million US dollars. The deal literally helped the Swan to pocket huge money, without investing anything.
Raja’s personal income increased from Rs 11.47 lakh to Rs 22.12 lakh from 2009 to 2010, there is a substantial hike in investments in shares from Rs 8.52 lakh to Rs 23 lakh in the same period.Congress richest minister is Union Civil Aviation Minister prafful patel official property is 117 crore.
1,40,000 Telecom towers in the country & 25,000 additional towers to be added in rural areas.
The Home Ministry’s confirmation that Etisalat DB Telecom Company has dubious connection with Etisalat DB has deep links with ISI. In fact in 2005 Etisalat DB had purchased a stake in PTCL, an ISI supported Pakistani telecommunication company.
This scam is so serious :—-IAS officer in Ministry of Home Affairs Was found guilty for spying for pakistan & also links to the mobile number portability scam.
NIRA RADIA was instrumental in sourcing funds — as much as Rs. 1,600 crore — for Unitech, one of the controversial beneficiaries of the telecom licences. The company eventually sold a majority stake in the telecom venture to Norway’s Telenor for seven times the licence fee it paid. Nira Radia have links to foreign spy agencies. India`s 2G scam have links to 10 foreign countries which includes (Mauritius,UAE,Norway) .
CENTRAL GOVERNMENT CORRUPTION:–
SUPREME COURT OF INDIA SAID THAT WHY A TAINTED MINISTER IS STILL UNION MINISTER. THIS IS ONLY A HYPOCRISY BECAUSE CENTRAL GOVERNMENT IS UNDER PARTNERSHIP WITH D.M.K (Politics Party of Karnataka), SO IF CENTRAL GOVERNMENT WILL DO ANYTHINK D.M.K. PARTY WILL TAKE BACK SUPPORT .
This lost money is 1.2 times more than our defense budget, 1/3 of our country`s expected revenue, 32 times more than rural budget, 24.5 times more than telecom budget.