The Delhi High Court today reserved its verdict on the bail pleas of five corporate executives, including three top Reliance ADAG honchos, arrested for their alleged roles in the 2G spectrum allocation scam involving former Telecom Minister A Raja.
Justice Ajit Bharihoke reserved his order on bail pleas on Swan Telecom Director Vinod Goenka and Unitech's Managing Director Sanjay Chandra and the three Reliance ADAG officials after CBI's Special Public Prosecutor UU Lalit concluded his argument vehemently opposing their bail pleas.
The three top Reliance ADAG executives, who have been held for their roles in the scam are group's Managing Director Gautam Doshi, President Hari Nair and Senior Vice President Surendra Pipara.
The five were taken in custody on April 20 after a special CBI court, set up to try the 2G scam case, dismissed their bail pleas.
Earlier a battery of top lawyers, including former Union Law Minister Ram Jethmalani, former Attorney General Soli J Sorabji, former Additional Solicitor General Mukul Rohatgi and senior counsel Rajiv Nayar and NK Kaul had made strong pleas for bail to their respective clients in arguments spanning over a fortnight.
CBI Special Public Prosecutor UU Lalit, specifically appointed by the apex court to assist the agency in conducting the 2G case trial vehemently opposed their bail pleas saying that all of them were deeply involved in the scam, which caused a whopping loss of Rs 30,984 crore to the exchequer.
Lalit began his argument after Justice Bhariohke virtually snubbed Jethamalani and stopped him from making some additional, last-minute points for bail to his client Unitech Director Chandra.
More From This Section
"Enough is enough," said Justice Bharihoke, adding "the hearing has been going on for last several days and if you want I will post the matter for sometime in September."
"This is not the way. Every time you come with some point and argue for long and this is delaying the hearing," the court said.