The Supreme Court today granted bail to all five corporate executives charged in the 2G spectrum allocation scam on two sureties of Rs 5 lakh each.
This is the first set of bail granted in the mutli-crore telecom spectrum scam, which according to a Comptroller and Auditor General report caused a loss of Rs 1.76 lakh crore to the state exchequer.
From: http://ping.fm/TclhU
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