A Reliance Anil Dhirubhai Ambani Group (RADAG) executive and the first witness in 2G spectrum case today told a court that the documents for opening a bank account of Shahid Usman Balwa-promoted Swan Telecom and cheques for it were signed by officials of the Group company but failed to recollect from where the instructions had come.
Anand Subramaniam, vice president, Reliance Capital, was produced as a key witness by CBI to support its case that Swan Telecom was allegedly the front company of RADAG to secure the licence for 2G spectrum, which has been denied by RADAG.
"I signed the documents [account opening form for Swan Telecom and letter to HDFC Bank for this] as there was a board resolution in our favour including myself," he said but when the letter was shown to him in this regard, Subramaniam said "I do not recollect as to under whose instructions I signed this letter."