2G case : MK's wife, others knew of bribe money

Dravida Munnetra Kazhagam (DMK) chief M Karunanidhi's wife M K Dayalu and other directors and promoters of Kalaignar TV Private Limited, where the bribe money of Rs 200 crore was parked, knew about the “receipt of the fund, its use and further repayment”, a prosecution witness told a special court while deposing in money laundering case of the 2G spectrum allocation case here on Monday.

“I recorded the statement of (accused) P Amirtham. He told me that (accused) Sharad Kumar , M K Dayalu and other directors and promoters of the company knew about the  receipt of the fund, its use and further repayment,” Enforcement Directorate’s assistant director Satyendra Singh, who participated in the investigation of the case, told the court.

He also identified Amirtham, son of the elder sister of DMK patriarch, who was present in the special CBI court. Singh’s deposition, however, remained incomplete. 
“He (Amirtham) told me that since their company was in need of funds to repay the loans to Cineyug Films (P) Limited, they mobilised funds from various sources including these two companies. He further told me that issue of repayment of funds to Cineyug Films (P) Limited was discussed in a meeting of board of directors on December 9 2010,” Singh said.

Earlier joint director Himanshu Kumar Lal, while deposing as a prosecution witness in the case in November last year, had told the court that former telecom minister A Raja illegally favoured Swan Telecom Private Limited (STPL) in getting unified access licence and put in “extra effort” to get the licences cleared for Kalaignar TV (P) Limited where bribe money of Rs 200 crore was parked through a series of transactions arising from a company owned by accused Shahid Balwa.

He also stated before the court that Raja, in association with Dayalu, Kanimozhi and others, arranged the bribe money from Balwa, Vinod Goenka, Rajiv Agarwal, Asif Balwa and other accused in the case to get it parked at Kalaignar TV (P) Limited against granting “illegal favour” to STPL.
When Raja was called by the Central Bureau of Investigation (CBI) for investigation on December 25, 2010, a reverse flow of money started to move from Kalaignar TV (P) Limited to Dynamix Realty through Cineyug Films (P) Limited and Kusegaon Fruits and Vegetables (P) Limited. Kalaignar TV (P) Limited suddenly started reverse flow of money, arranging funds from different quarters at very high interest, Lal told the court.