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Thursday, November 10, 2011

2G : CBI May File Chargesheet Against Some Essar Officials

The CBI may file a charge sheet against some officials of Ruias-led multinational conglomerate Essar in the 2G spectrum case, a move for which Attorney General G E Vahanvati has given his nod, sources said today.

The CBI has claimed that Essar had more than 10 per cent of cross-holdings in Loop Telecom which was against the norms, a charge denied by the two companies.

Sources privy to the development said that the Attorney General (AG) has endorsed the stand of CBI Director A P Singh for filing a charge sheet against some of the officials of the Essar group for allegedly entering into a criminal conspiracy for securing 2G spectrum and also suppressing information.

From: http://ping.fm/i3VPX

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