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This is an archive article published on March 4, 2011

Find out how Etisalat got spectrum: SC to CBI

The Supreme Court on Thursday asked the CBI to examine how UAE-based Etisalat.

The Supreme Court on Thursday asked the CBI to examine how UAE-based Etisalat was allotted spectrum despite a report by the Home Ministry against it on grounds of national security.

The bench wanted the CBI to examine this in view of the ministrys reservation to the Department of Telecommunication and the Finance Ministry against the FDI made by Etisalat in the telecom sector.

The Finance ministry had written to Etisalat that its proposal for enhancing FDI in India has been rejected by Foreign Investment Promotion Board in view of the Home Ministrys reservation on it.

The bench also asked the CBI to look into why Chennai-based telecom operator S-Tel pulled out of its litigation against government for arbitrary allotment of spectrum by former telecom minister A Raja. The agency has to file its report by March 15.

The grant of 2G spectrum allocation licence to Etisalat DB was questioned by the Janata Party president Subramanian Swamy on the ground of threat to national security and he had informed the court that the Home Ministry had raised the objection to investment by it.

 

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