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India On Media |
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| Politics
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| I am being singled out |
| Shahid Balwa: I am being singled out
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| INDIA
, 9-February-2011
3:56:13 AM |
| A Mumbai court has granted two-day transit remand of DB Realty promoter Shahid Balwa to the Central Bureau of Investigation (CBI) in connection with the 2G spectrum scam.
Balwa cried foul in court over being singled out. He contended that several other companies which were richer than his company, DB Realty, were granted licenses.
The CBI will now confront former Telecom Minister A Raja with Shahid Balwa. Balwa's DB Realty floated Swan Telecom, which Raja allegedly favoured in spectrum allocation.
Balwa was arrested from his house in Mumbai on Tuesday in connection with the 2G spectrum scam. He was produced in a Mumbai court today and will now be brought to Delhi
The CBI is hoping that by confronting Raja with Balwa, it would be able to establish his link to the money trail in the scam. The CBI reportedly has evidence from the Income Tax department that Balwa, considered close to Raja, was instrumental in channeling the kickbacks allegedly received by the former Telecom Minister from the sale of 2G spectrum.
Raja was arrested eight days ago by the CBI in connection with the 2G scam which he is alleged to have masterminded. In court on Tuesday, the CBI asked for four more days to question Raja. The judge agreed to two more days of custody for the former Telecom Minister.
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