Special Judge O P Saini said the order on bail pleas of Kanimozhi and Kalaignar TV MD Sharad Kumar will be pronounced on May 14, a day after the results for the Assembly elections will be out.
Special public prosecutor U U Lalit, appearing for CBI, vehemently opposed her plea, saying "the controlling mind of Kalaignar TV is Sharad Kumar but behind the scene the person who is controlling everything in Kalaignar TV is this lady (Kanimozhi)."
Appearing yesterday in response to the special court's summons for his alleged role in the 2G spectrum allocation scam, the 43-year-old daughter of Tamil Nadu Chief Minister M Karunanidhi had pleaded for bail and sought it on grounds of being a woman and a MP.
She also sought to shift the blame on former Telecom Minister A Raja for the 2G spectrum allocation scam. Kalaignar TV MD Sharad Kumar too had appeared along with her and had moved court for bail.
The CBI told Special Judge Saini that Kanimozhi and her family have got majority stake in the TV channel, which received Rs 200 crore from the company which got telecom license and spectrum illegally during the tenure of Raja.
The CBI contended that there was sufficient evidence to prove Kanimozhi''s complicity in the transaction of Rs 200 crore paid by Balwa.
"Kanimozhi and Sharad Kumar's complicity in the entire transaction of Rs 200 crore is clearly made out," Lalit said while pleading with the court that no lenient approach be shown to them and that they be sent to judicial custody like other accused in the case.
The investigating agency further submitted that the DMK family holds 80 per cent stake in the TV and all the decision regarding financial transaction must be known to them.
It said that DMK Chief Karunanidhi's wife Dayalu Ammal holds 60 per cent stake in the company but she is not actively involved in its running which is done by Kanimozhi and Sharad Kumar.
"If a family holds 80 per cent share in a company, it is impossible to think that anyone other than members of that family could run the company," Lalit said.