Saturday, February 4, 2012

2G verdict: Chidambaram off the hook, government exhales

New Delhi: Delhi is the trial court ruled that the Home Minister P Chidambaram is not criminally liable for the Indian telecom scam that unfolded in 2008 when he was finance minister. Judge OP Saini rejected the petition to the Minister Subramanian Swamy to the accused. "Everyone and everything related to the decision to some extent if the accused can not be roped," the court's discretion to declare. Mr. Chidambaram was at home when the judgment is made, it will leave the planned trip to Madurai. The Government of exhaled loudly after the verdict. (10 Big facts about today's decision)

"Of course it is a good decision and it is a relief, because no one prosecuted in vain. Even the Supreme Court judgment, the most important cases, clearly stated that the finance minister did not listen to advice ... I welcome the decision," the Union Finance Minister Pranab Mukherjee said.

Judge Saini its assessment of the credibility of the government will help the communication that has been in free-fall last year courtesy of the series of financial scandals, led by telecom scam. Government's moral authority and dented, the Supreme Court this week, when the network canceled 122 issued by the 2008th The Supreme Court has accused former telecom minister Raja for "arbitrary and unlawful" distribution arrangements. (Live blog on the statement of Chidambaram)

Mr. Swamy has said that Mr Chidambaram failure to curb Mr. Raja goes neglected his duty by the Minister of Finance. "I'm not disappointed, it's all part of the game," he said, adding that he likes the Delhi High Court against today's decision. Perhaps he can finally turn to God, Telecom Minister Kapil Sibal said in response. (Kapil Sibal is good to have started thinking about God, Subramanian Swamy)

Judge Saini said, "the servant can not become a criminal proceeding for the simple reason that it has caused damage to the Finance Ministry or cause financial benefit to others. Just sessions and decisions there is not a crime ... is not material in the record to suggest that Mr. Chidambaram was acting with a corrupt or illegal motive or abuse of his official position. "(Read the court order here)

For the BJP, which has led to high-volume campaign, Mr. Chidambaram's resignation, the decision demonstrates the need for a new strategy. Ravi Shankar Prasad said the party that the government can not leave the responsibility of telecommunications fraud, and that the BJP will continue to "boycott" Mr Chidambaram in Parliament. (Watch) During the winter session of BJP Home Minister refused to allow House to speak, forcing many interruptions. Arun Shourie, who has been a BJP-led NDA, the Minister said that the decision is wrong. Senior BJP leader Jaswant Singh agreed. "Parliament is not a forum to demonstrate their ability not to talk." Both men said the BJP must use the debates in Parliament to challenge the government.

The judgment is an important time for our Congress. Five states, including Uttar Pradesh, vote for their next government. Rahul Gandhi's campaign in UP direction the party has doubled stakes for Congress, including many items of prestige. Congress has attacked the Prime Minister Mayawati of corruption. Verdict against Mr Chidambaram had enervated the party's position.

Mr. Raja is in jail, which allows companies who were eligible to receive the mobile phone network licenses clearance prices. Second generation or 2G spectrum was thrown in free. Mr. Swamy said that Mr. Chidambaram was privy to the decisions, Mr. Raja, the spectrum of issues such as pricing. He also says that Mr Chidambaram improperly allowed the two companies, who allegedly conspired Mr. Raja - Swan Telecom and Unitech Wireless - to dilute their equity to foreign investors. Norway-based Telenor bought a 67% stake in Unitech Wireless, Etisalat Dubai acquired 45% stake in Swan. Both companies have earned huge profits at the expense of the government, according to Mr. Swamy. "There is no material to show that Mr. P Chidambaram acted malafide pricing spectrum at 2001 levels or by allowing an equal dilution of the two companies. These two acts are not illegal per se and not on the material, which shows another fault of the law, Mr. P. Chidambaram 'decision today to fight.

Critics of Mr Chidambaram have found significantly increased in the last year, if the notice is sent to the Prime Minister's Office, Ministry of Finance was exhumed by Right to information request. Written in March last year, after the note mortemed events in 2008 and was designed to serve the inter-department backgrounder. But he made the point that the Ministry of Finance should have done more to enforce the auction of Mr. Raja. The Prime Minister was forced to comply with the Finance Minister Mr. Chidambaram liked his confidence in 2008 and continues to do so now. But the damage done.

Mr. Chidambaram has said in his defense that he tried at various points required to hold auction Mr. Raja that the scarce resource was sold at market price.

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