Crown Prince announces medium-term debt strategy to diversify funding sources "A resilient economy capable of overcoming challenges reflects progress towards achieving Vision 2030 goals"    OPEC+ tripartite meeting keen on maintaining global oil market stability    'No excuses' for Israel to not accept ceasefire deal, EU foreign policy chief says    Riyadh Season draws 8 million visitors in 6 weeks    Alkhorayef highlights role of National Initiative for Global Supply Chains in boosting Saudi economy    Saudi Arabia signs investment deals worth SR35bn with foreign firms to strengthen global supply chains    Saudi Arabia unveils updates on Expo 2030 Riyadh master plan at 175th BIE General Assembly Riyadh Expo Development Company established to oversee strategic planning, operations, and legacy development    Saudi FM attends Quadripartite meeting on Sudan in Italy    Georgia's new parliament opens first session amid mass protests and boycott    Gangsters block aid distribution in south Gaza    Russian deserter reveals war secrets of guarding nuclear base    Best-selling novelist Barbara Taylor Bradford dies    Cristiano Ronaldo's double powers Al Nassr to 3-1 win over Al Gharafa in AFC Champions League    Saud Abdulhamid makes history as first Saudi player in Serie A    Al Ahli edges Al Ain 2-1, bolsters perfect start in AFC Champions League Elite    Al-Falih: 1,238 foreign investors obtain premium residency in Saudi Arabia    Most decorated Australian Olympian McKeon retires    Adele doesn't know when she'll perform again after tearful Vegas goodbye    'Pregnant' for 15 months: Inside the 'miracle' pregnancy scam    Do cigarettes belong in a museum?    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Filipino pilgrim's incredible evolution from an enemy of Islam to its staunch advocate    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



India's ex-telecoms minister remanded into custody of investigators
Published in Saudi Press Agency on 03 - 02 - 2011

A Delhi court on Thursday remanded former
telecommunications minister Andimuthu Raja, accused in one of the
country's biggest corruption cases, into the custody of investigators, according to dpa.
Raja was arrested by members of the Central Bureau of
Investigation (CBI) Wednesday in connection with a
multibillion-dollar scandal involving the sale of 2G mobile phone
licences in 2008.
The court remanded Raja and two former telecommunications
officials into the bureau's custody for five days, his lawyer SS
Gandhi told reporters.
"The CBI moved the remand application on the grounds that he
[Raja] had been evasive during questioning, saying it needed more
time for custodial interrogation," Gandhi said.
Raja resigned in November after a government auditor's report
accused his ministry of selling 2G mobile phone licences at giveway
prices without following proper bidding procedures.
The sales led to a potential loss of up to 39 billion dollars to
the government purse, according to a Comptroller and Auditor
General's report.
Raja, who belongs to the Dravida Munnetra Kazagham (DMK), an ally
of the ruling Indian National Congress party, denied any wrongdoing,
saying he had given licences on a first-come, first-served policy
followed by his predecessors.
The DMK accused opposition parties of targeting Raja to "malign"
the party and said it supported him.
"His arrest does not mean that he is guilty," DMK spokesman TKS
Elangovan told reporters in the southern city of Chennai.
He rejected reports of Raja's resignation from the party, saying
the politician retained his position of propaganda secretary for the
party.
Prime Minister Manmohan Singh's government faces increasing
pressure over a series of scandals involving ministers and officials
over recent months, including the organization of the Commonwealth
Games in October.
The scandal over the licence allocation deadlocked Parliament's
winter session in December with opposition lawmakers demanding an
independent cross-party investigation.


Clic here to read the story from its source.