Friday, September 30, 2011

CBI hints at Anil Ambani's role in 2G

Anil Ambani  - son of late Dhirubhai Ambani - is now under the CBI scanner for his role in the alleged mega-2G scam.

It may be noted that three senior executives of his Reliance Communications are already members of the Tihar Jail's VIP Club.

It has been reported that the cops have informed the Supreme Court of India that these 3 Reliance Communication Executives want to change their original stand in the case according to which they had maintained that they were responsible for the decisions made in connection with the 2G issue.

Reliance Communications is India's second largest telecom service provider and a company of Anil Ambani's ADAG. The prices of the shares of the ADAG companies crashed on the stock markets today when the news of Anil Ambani being investigating hit the streets.

However, some political observers say that information of investigating Anil Ambani has been disclosed at this juncture to take heat of the home minister P. Chidambaram. The home minister has been under pressure for quite some time, especially after the note from Finance Ministry to Prime Minister Office went public.

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