Essar,Loop ‘deliberately’ violated UASL guidelines : CBI tells court

The CBI told a court here that the promoters of Essar Group and Loop Telecom deliberately violated Unified Access Services Licences guidelines by making “false and dishonest impression” before the DoT to get 2G spectrum

Written by Express News Service | New Delhi | Published:May 4, 2012 1:07 am

The CBI on Thursday told a court here that the promoters of Essar Group and Loop Telecom deliberately violated Unified Access Services Licences (UASL) guidelines by making “false and dishonest impression” before the DoT to get 2G spectrum.

“The basic case of the prosecution (CBI) is that they (accused) have violated clause 8 of the UASL guidelines and false and dishonest impression (made by them) is the crux of the matter,” Special public prosecutor U U Lalit told designated CBI Judge O P Saini.

The proscutor said that as per clause 8 of the UASL guidelines,no single company or legal personshould have 10 per cent or more equity holding in more than one licensee company in the same service area for the same service.

He said the guidelines were designed with a view to have fair competition in telecom sector but that the promoters violated its conditions with “fraudulent and false means”.

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