This Article is From Apr 15, 2011

2G spectrum scam: Senior executives arrested

2G spectrum scam: Senior executives arrested
New Delhi: Five corporate executives who have been chargesheeted in the 2G spectrum scam have been denied bail by a Delhi court.

The five men are: Sanjay Chandra, MD, Unitech Ltd and Unitech Wireless; Vinod Goenka, MD, DB Realty and Swan Telecom (now Etisalat); Gautam Doshi, Group MD, Reliance ADAG; Hari Nair and Surendra Pipara, Senior Vice Presidents, ADAG.

Earlier in the day, the CBI sought their "detention" saying that they might "abscond" and impede the trial.

Opposing their bail pleas, the CBI, in its reply to the court of Additional Session Judge O P Saini, said that some of the key witnesses, belonging to the corporate world, directly worked under them and the possibility of the accused winning them over could not be ruled out.

"The accused are holding high positions and now that the names of witnesses are disclosed, some of whom are directly working under (them) or are amenable to their directions, possibility of winning over and/or influencing the witnesses is clearly present," the CBI said.

"Considering the matter on record, complicity of present accused in the crime is clearly made out. The act complained of and offences alleged are far serious having made deep inroads in public interest and financial affairs of the state," the CBI said.

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