2G scam: A Raja drags in PM Manmohan Singh, Chidambaram
He said that the then finance minister P Chidambaram approved the deal with DB Realty and the Prime Minister was in the know of the deal.
Defending himself against corruption charges in 2G scam, the 47-year-old DMK MP also submitted before Special CBI Judge O P Saini there was nothing wrong in his decision of not auctioning 2G spectrum and that he was merely following the policies pursued by his predecessors and the NDA government.
Senior Advocate Sushil Kumar appearing for Raja, now behind bars, said that when Home Minister Chidambaram was the Finance Minister he had told the Prime Minister that dilution of shares by the accused licencees to attract FDI did not amount to sale of licence.
Arguing that sale of equity was not sale of licence, Kumar said Raja cannot be accused of corruption in the controversial 2G spectrum allocation.
"The matter (about sale of equity by spectrum licencees) was discussed between the Prime Minister and the then Finance Minister (P Chidambaram).
"The then Finance Minister who is now Home Minister had said in front of the Prime Minister that dilution of shares does not amount to sale of 2G licence as per the corporate law," asserted Sushil, who even said "Let the Prime Minister deny this."
Raja further said, "When sale of equity does not amount to sale of licence, there in no question of earning profit. How can (then) be corruption there in this regard?"
Kumar said if Raja is being prosecuted for following a certain policy then all Telecom ministers since 1993 are liable to be prosecuted and should be in jail along with him as they too followed the same policy.
"If policy pursued by me was wrong, then all former Telecom ministers since 1993 should also be in jail with me (Raja)," the counsel said while opposing framing of charges against Raja.
While defending his policy as telecom minister, Raja submitted that it is because of his policy that mobile phone call rates came down and they became affordable to even a 'rickshaw wala'.
"It was my obligation to social justice that every man on the street should have a mobile phone. I am a servant of my people and I made the call rates of mobile phone so cheap that even a 'rickshaw wala' or a maid servant can be seen using it," Raja said.
Raja, who was arrested on February 2 for his alleged role in the 2G scam, today began his arguments opposing charges of cheating, forgery and criminal conspiracy against him.
The arguments are still continuing. CBI had begun its arguments on framing of charges against Raja and 16 others, including three telecom firms, from July 21 and had completed its arguments on July 23.
All the 14 accused including DMK MP Kanimozhi are presently lodged in Tihar Jail.
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