The Supreme Court which delivered three landmark judgements pertaining to the 2G spectrum allocation case, has said that the trial court is perfectly competent to decide on the extent of then Finance Minister P. Chidambaram’s involvement in the scam. It has also given the trial court two weeks in which to deliver its verdict.
The judgement was delivered in response to a petition filed by Subramanian Swamy. The case against Chidambaram, as made out by Swamy, relates to the claim that the decision on pricing of 2G spectrum was taken jointely by Chidambaram and Telecom Minister A Raja.
Swamy has argued that Chidambaram should be made an accused in the case for his alleged role in allowing two telecom firms – Swan Telecom and Unitech Wireless – to earn windfall profits by loading their shares to foreign firms.
Swamy’s case is that Chidambaram is just as culpable as Raja, who completes one year in Tihar jail today, and that the two were party to the decision not to revise the entry fees for telecom players that was set in 2001.
Speaking after the verdict was delivered Swamy said, “I am perfectly satisfied with the decision of the court. I would have been dissatisfied only if they had said that I had no case. This verdict means that the CBI is perfectly free to investigate Chidambaram’s role in 2G spectrum allocation if they so choose.”
Watch more in the CNN-IBN video below: