The Supreme Court today read out three important judgments on 2G case. Though companies had to face the fire but the judgements proved to be a breather for P Chidambaram, whose prosecution was sought by Subramaniam Swamy in a petition.
One on whether the 122 license given by the then Telecom Minister A Raja should be cancelled and the other on whether Special Investigation Team should be brought in to monitor the investigations of CBI in the 2G case. It was a relief for PC though not the same for the companies who were granted licenses and the mobile consumers. SC has cancelled all the 122 2G licenses given by A Raja which includes 22 of Uninor, 21 of Loop, 21 of videocon, 21 of Sistema Shyam, 13 of Swan, 9 of Idea, 6 of S -tel, 3 of Tata and 2 of Allianz Infratech. In addition to that, a penalty of Rs 5 crores has been imposed on Tata Telecom ,Unitech Wireless, Swan Telecom and. While Loop, S-Tel, Allianz and Sistema Shyam has been fined with Rs 50 lakh. SC has asked TRAI to make fresh recommendation on auction of licenses within 4 months.
But the most critical judgment was whether P Chidambaram should be prosecuted for his role in the 2G case as alleged by Subramanium Swamy in his petition to the SC. The judgment as of now is a breather for PC as SC has referred the matter to trial court to decide on PC’s probe within two-weeks. In the other judgment SC refused the plea of setting up SIT to monitor CBI’s investigation in the case. SC said there is no need to set up SIT to monitor CBI’s inquiry; CBI will submit copies of status report on 2G investigations to the CVC.