Kanimozhi let loose till May 14; CBI turns up heat for DMK

The CBI prosecutor UU Lalit has been quoted as saying to Special CBI judge OP Saini, “It is totally false that she was not at all aware of the transfer of Rs 200 crore to Kalaignar TV, because she was the director at that time. Kanimozhi is the active brain behind the entire episode of the 2G spectrum scam."Lalit added, “It was later that she resigned from Kalaignar TV as she was also the MP. Sharad Kumar took over at that time."
The CBI also opened up Pandora's box of allegations and said that Kanimozhi worked closely with Raja and was involved in the spectrum allocations to telecom companies. Sharpening its claws against Kanimozhi, Lalit said, "Rs 47.51 crore is the turnover of Kalaignar TV. The fund infusion was four times. The paid up capital of Cineyug and Kusegaon is only Rs 1 lakh. They lent Rs 200 crore without even documentation. These transactions then are suspicious. Our case is that Shahid Balwa who is beneficiary paid Kalaignar TV the kickback. Spoils of the crime got transferred to Kalaignar TV. The bribe money got transferred to Kalaignar TV. The return trail when the heat is on is also in a pattern that is suggestive that the heat is on making it too difficult to handle."
With the allegations against Kanimozhi mounting and Ram Jethmalani's valiant efforts to acquire bail, its up to the special CBI court. The court after hearing out both parties have decided to reserve the bail order plea till May 14. Both Kanimozhi and Kalaignar TV MD Sharad Kumar has been ordered to appear in court everyday till May 14.
Meanwhile there are strong reactions in social networking sites saying that the court has politicised its decision by reserving its judgment for May 14, which is a day after the assembly election results on May 13. There are also comments suggesting the verdict of the Tamil Nadu polls will decide Kanimozhi's fate, meaning bail if won and jail in the event of a loss.
OneIndia News
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