No Evidence Against Me In 2G Money Laundering Case: Raja

NEW DELHI: Former telecom minister A Raja told a Delhi court that there is no evidence against him in the 2G allocation money laundering case filed by the Enforcement Directorate (ED).

Raja, while advancing his argument on bail, told the Central Bureau of Investigation (CBI) Special Judge OP Saini that the money laundering case filed against him by ED is "a case of no evidence". Raja with others including DMK chief M Karunanidhi's daughter and party MP Kanimozhi has been booked under various sections dealing with the Prevention of Money Laundering Act (PMLA).

"The investigation revealed that amount of Rs 200 crore was paid by promoters of Swan Telecom, using their group entity Dynamix Realty, to Kalaignar TV, through Kusegaon Fruits and Vegetables Pvt. Ltd. (KFVPL) and CFPL (Cineyug Films) in the garb of legitimate financial transaction, that is as loan/share application money," the ED has said in its charge sheet.

It said the payment was illegal gratification for and on behalf of Raja and his associates in lieu of illegal favours given to the STPL for grant of UAS licence. Kanimozhi and Karunanidhi's wife Dayalu Ammal, who is also an accused in the 2G allocations case, were shareholders in KTV, which is allegedly to have been run as DMK's party channel.

"It is a mere coincidence that I am the member of DMK and DMK plans to start a channel and gets involved in the transaction," Raja said. He further added, "It is unhappy coincidence that I belong to that party (DMK)." "How does prosecution say that I have knowledge of transaction taking place back and forth. How do I know this transaction. How am I actually involved?" Raja sought to know from the investigating agency.