2G: Swan Telecom was associate company of RADAG, says witness
Henry Richard, Registrar of Companies, told the court that he had prepared a detailed report subsequent to a letter received from the CBI to the Ministry of Corporate Affairs (MCA) in which the agency had requested him to examine certain documents seized by them during the probe.
"I examined all the above mentioned documents to come to a conclusion that Swan Telecom (P) Limited, which had applied for Unified Access Services Licence, was an associate company of Reliance Telecom Limited/Reliance Communication Limited and an ADA Group Company," Richard told Special CBI Judge O P Saini.
His deposition assumes importance as CBI, in its charge sheet filed on April 2 last year, had alleged that Reliance Telecom Ltd (RTL) used Swan Telecom, an ineligible firm, as its front company to get licenses and the costly radio waves.
The charge sheet has also named Group MD of RADAG Gautam Doshi, group President Surender Pipara and senior vice president Hari Nair, along with RTL, as accused in the case for allegedly entering into a criminal conspiracy to cheat the
government by getting licenses in an illegal manner.
However, the company has denied all the allegations against it and its three officials. Swan Telecom promoters Shahid Usman Balwa and Vinod Goenka are also accused in the
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