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2G: SC grants bail to five corporate honchos

2G: SC grants bail to five corporate honchos

The Supreme Court on Wednesday granted bail to five corporate executives facing prosecution for their alleged involvement in the 2G case: Sanjay Chandra of Unitech Wireless, Vinod Goenka of DB Realty as well as Reliance Group's Gautam Doshi, Surendra Pipara and Hari Nayar.

Unitech Limited MD Sanjay Chandra (left) and Swan Telecom director Vinod Goenka. Unitech Limited MD Sanjay Chandra (left) and Swan Telecom director Vinod Goenka.

The Supreme Court on Wednesdaygranted bail to five corporate executives facing prosecution for their allegedinvolvement in the 2G case. The five are Sanjay Chandra of Unitech Wireless,Vinod Goenka of DB Realty as well as Reliance Group's Gautam Doshi, SurendraPipara and Hari Nayar.

An apex court bench of Justice G.S. Singhvi and Justice H.L. Dattu said all the five would be released on furnishing a surety of Rs.5 lakh each to the satisfaction of the trial court.

Pronouncing the judgment, Justice Dattu said it is open to the Central Bureau of Investigation (CBI) to move the apex court for the modification of the order, if the bail is misused.

The five are among the 14 individuals accused in the case including former telecom minister A. Raja and his DMK party colleague and Rajya Sabha member Kanimozhi Karunanidhi.

Their trial is being held by a special CBI court, presided over by Judge O.P. Saini.

Published on: Nov 23, 2011, 10:26 AM IST
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