Kanimozhi India court issues telecoms corruption 2011
(Reuters) - An Indian court has summoned DB Realty's Asif Balwa and Rajiv Agarwal to appear in court on April 26 in connection with a multi-billion dollar telecoms corruption scandal that has rocked investor sentiment in Asia's third-largest economy.
Kanimozhi, the daughter of the regional Dravida Munnetra Kazhagam (DMK) party's head and herself a lawmaker, was summoned to appear on May 6, along with Sarath Kumar of Kalaignar TV Channel, owned by the DMK, and Karim Morani of Cineyug.
All three have been charged with handling bribes in a telecoms licensing scandal that a state auditor said may have deprived the government of $39 billion in potential revenue.
Months of corruption scandals have battered the Congress party-led government, stymied its agenda for economic reforms and fed a sense of regulatory uncertainty in the world's fastest growing mobile phone market.
2G scam: Under political cloud, DMK left to hope for poll victory
When the nation was abuzz about the naming of Kanimozhi Karunanidhi and the channel's managing director Sharad Kumar by the CBI in the 2G scam, the channel highlighted the met department prediction that rains would continue in Tamil Nadu for the next ...read here all
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