2g scam aka "mother of all scams" verdict was pronounced by Delhi high court which acquitted all the accused. Though verdict is highly shocking, I tried my best to analyze it without any prejudices. Here we go,
It all started with the report of Vinoth rai, former CAG stated 2g allocation resulted in 1,76,000 crores rupee presumptive ( presumption )loss. One-man lokpal aka subramania swamy filed the case in Supreme Court. But he was relieved of the case as UPA Govt invoked CBI to file it. O.P saini ( propounded the verdict ) said case lost its enthusiasm in the midway.
Let us see how it lost its enthusiasm,
Ashok tiwari IPS who is No.2 in cbi was blown out to his home cadre Himachal Pradesh. Rajeshwar singh IPS played a major role in prosecuting chidambaram former finance minister has been cornered.
As per O.P.saini the major ignorance is the documentary evidences submitted by CBI is not attested by senior officers even after repeated remainders by high court which made these meaningless. This turned the tables in favour of all the accused.
Let me pinpoint the allegations without beating around the bush.
# spectrum allocated in 2008-09 but based on 2001 prices
# though companies were ready to bid for more than 13000 crores with revenue sharing mechanism they were allotted to swan telecom and unitech for just 1234 crore rupees
# policy was changed from auctioning mechanism to first come first serve policy which was also later changed to first come first pay policy by advancing the dates
#bank drafts prepared retrospectively is proven
# Supreme Court quashed the 2g allocation based on proven charges
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