All accused acquitted: The 2G verdict exonerates cronyism. It is a travesty

Court's decision to acquit all the accused in the 2G scam is essentially a big win for crony capitalism. Or rather, crony socialism

The CBI Special Court’s decision to acquit all the accused in the 2G scam – including Andimuthu Raja and MK Kanimozhi, daughter of M Karunanidhi - is essentially a big win for crony capitalism. Or rather, crony socialism, since the whole justification for giving spectrum in 2008 at 2001 prices was post facto justified by the need to make telecom prices affordable. This was the crux of former Communication Minister Kapil Sibal’s “zero-loss” theory.

Judge OP Saini, who previously exonerated former Finance Minister P Chidambaram because no case was made out that he benefited from going along with Raja’s flawed