Saturday, November 20, 2010

2G Spectrum Scam: Can we believe the Babus?

Babus deny involvement in 2G spectrum scam
19 Nov, 2010, 0557 hrs IST, ET Bureau
NEW DELHI: Two of the four retired bureaucrats reportedly being probed by the Cabinet Secretariat for their links with lobbyist Nira Radia have strongly denied having anything to do with the telecom sector and 2G spectrum allocation, while in service and since retirement.

The Times of India on Thursday reported that four ex-bureaucrats—former Trai chairman and disinvestment secretary Pradip Baijal; fomer economic affairs secretary CM Vasudev; former industrial policy and promotion secretary Ajay Dua; and former Trai member DPS Seth were being investigated for their connections with Noesis Strategic Consulting Services owned by Nira Radia .

Former secretary in the department of industrial policy and promotion Ajay Dua told ET that he was associated with Radia’s Vaishnavi Corporate Communications as a non-executive director for a few months in 2008-09 . But the firm’s board never met during his tenure and Mr Dua said he had resigned suo moto from the directorship in January 2009.

He also clarified that he neither had any background on telecom while in government nor was he involved with the sector at Vaishnavi. “Directly or indirectly , I had nothing to do with telecom, while in government or thereafter and had no knowledge of any telecom deals of Vaishnavi or any of its affiliate firms,” Mr Dua said. “I was told that I will have an advisory role in macro-economic matters at Vaishnavi,” he stressed.

Former economics affairs secretary CM Vasudev was also categorical in asserting that he had neither worked on telecom-related issues nor met any players in the telecom business. Mr Vasudev , who joined Noesis in early 2007, made an exit from the firm about a year and a half ago.

Mr Vasudev, who chairs the HDFC Bank board, expressed surprise at the reported linkages with the 2G spectrum scam. “I had nothing to do with this. Radia’s other firms like Vaishnavi Corporate Communications may have had this mandate but I had no inclination to do such work,” he said.

Mr Baijal and Mr Seth could not be reached by ET for comments. Mr Baijal was quoted on the website of a TV channel as saying that he had nothing to hide in the spectrum scam case
Babus deny involvement in 2G spectrum scam

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