STPL was Reliance ADA group company: CBI to 2G case witness
26 July 2014 4:10 AM IST
The CBI on Thursday grilled a Reliance ADAG official before a Delhi court alleging that Swan Telecom Pvt Ltd (STPL), an accused firm facing trial in the 2G spectrum allocation case, was one of the group companies of Anil Ambani-led enterprise.
Assistant vice-president of Reliance Infrastructure Ltd, Vikash Singhla, who was deposing as a defence witness in the ongoing trial, refuted the suggestions of the CBI prosecutor.
‘It is wrong to suggest that STPL was a Reliance ADA group company. However, the company (STPL) was earlier known as Swan Capital (P) Limited and at the time of its incorporation, it was Reliance Infrastructure group company,’ Singhla told special CBI judge OP Saini.
During his cross-examination by CBI prosecutor, the court also warned Singhla that action shall be initiated against him according to law if he did not answer the questions properly.
‘The witness (Singhla) is not answering the question, despite the question being repeated to him several times, both in Hindi and English. He is advised to reply to the question, failing which action shall be initiated against him, as per law,’ the court observed.
Assistant vice-president of Reliance Infrastructure Ltd, Vikash Singhla, who was deposing as a defence witness in the ongoing trial, refuted the suggestions of the CBI prosecutor.
‘It is wrong to suggest that STPL was a Reliance ADA group company. However, the company (STPL) was earlier known as Swan Capital (P) Limited and at the time of its incorporation, it was Reliance Infrastructure group company,’ Singhla told special CBI judge OP Saini.
During his cross-examination by CBI prosecutor, the court also warned Singhla that action shall be initiated against him according to law if he did not answer the questions properly.
‘The witness (Singhla) is not answering the question, despite the question being repeated to him several times, both in Hindi and English. He is advised to reply to the question, failing which action shall be initiated against him, as per law,’ the court observed.
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