The Supreme Court on Wednesday indicated it would examine the role of ADAG chairman Anil Ambani in the 2G spectrum allocation case while the CBI hinted at charge sheeting former law ministry legal adviser Santokh Singh and the ED at proceeding with attaching the properties of five companies, totalling Rs10,000 crore, in the next two months under Fema and the Prevention of Money-Laundering Act.
As advocate Prashant Bhushan, the petitioner in the 2G case, raised the issue of ADAG’s alleged transfer of shares worth Rs1,000 crore to Swan Telecom, which he said was nothing but a front company of ADAG, a bench comprising Justices G.S. Singhvi and A.K. Ganguly — monitoring the probe — said, “We will go through your note. That issue we have not closed. That issue we will deal (with) very soon. We will make an endeavour to hear you. On May 3 (the next hearing) we will consider this.”
The apex court bench, looking taken aback at the kind of money transaction figures reeled out by the CBI and ED in their reports, commented, “We have not come across such figures before (in any scam).”