Kanimozhi also rubbished the allegation's by the CBI that stated that established the circuitous transfer of the Rs 200 crores by Shahid Balwa's Swan Telecom to Kalaignar TV. She also slammed the allegation by saying that a mere business deal was misconstrued as a kickback for 2G licenses.
She expressed her veracity by presenting documents to the CBI proving that that it was only a loan from Cineyug that she had taken at a market rate. She put forth her argument through her lawyer, V G Pragasam in a rejoinder to the CBI's 47-page affidavit filed in the Supreme Court. She also added that she had repaid the loan amount along with interest and abided by all the statutory laws on the business transaction.
Kanimozhi also commenced that the Delhi High Court had made a mistake rejecting her bail plea and put forth her stand and said that she only charged with conspiracy while she had not connived to illegal distribution of spectrum licenses or had abused her power of authority.
Her arguments through the rejoinder is expected to be placed before the vacation bench comprising Justices G S Singhvi and B S Chauhan on Monday. The apex court will once again hear her bail plea with that of Kalaignar TV MD Sharad Kumar.
The CBI had earlier found, “Rs 200 crores paid by Dynamix Realty to Kalaignar TV through Kusegaon Fruits & Vegetables and Cineyug Films was in the nature of illegal gratification paid in lieu of spectrum licences and other undue benefit given by accused public servants to Swan Telecom."