Ravi Ruia and Anshuman Ruia, promoters of Essar Group; Vikas Saraf, Essar Group Director; Kiran Khaitan and her husband I P Khaitan, promoters of Loop Telecom, all accused in the country's biggest scam have been charged under sections 120 B and 420 of the Indian Penal Code.
The Supreme court had set up the Special Court to deal with the 2G scam, but the CBI special Judge, OP Saini said that the case can be tried by a magistrate and it is for the special court to decide whether it has to be referred to magisterial court or not.
The CBI has accused Essar telecom of using Loop Telecom to acquire more licenses and spectrum than what was legally allowed in 2008. But it has not found evidence to prosecute them under the PCA. Read: (2G case: CBI may file third chargesheet)
"Investigation has not revealed evidence to prove mala-fide on the part of public servants in the matter," said CBI.
On Dec 12, the CBI had filed the third chargesheet against Loop Telecom Pvt Ltd, Loop Mobile India Ltd and Essar Tele Holding, the three companies which were involved in the scam.