The flow of Rs 200 crore to Kalaignar TV and back
The agency has supported this contention on the basis of the statements of an accountant of DB Realty and Director of the Cineyug Films Pvt Ltd to establish that the money travelled between December 23, 2008 and August 7, 2009 from Shahid Balwa`s firm to Kalaignar TV in which DMK MP Kanimozhi has stake.
The FIR in the scam was lodged on October 21, 2009 by the CBI against unknown persons of the Department of Telecom, and agreements for transfer of funds were entered on January 27, 2010.
In its second charge sheet, the CBI has said that Swan Telecom and Dynamix Realty Promoters- Shahid Balwa and Vinod Goenka, channelled Rs 200 crore through circuitous route, to DMK family-run Kalaignar TV and when Raja resigned and was questioned by the agency, the money was channelled back to DB Realty through the same route.
CBI has quoted the statements of Satish Agarwal, accountant of DB Realty and Mohomed Morani, director of Cineyug Film Pvt Ltd, who have been named as witnesses to buttress that money was paid as bribe by Swan Telecom to get favour for the grant of 2G licence.
Agarwal told CBI that "Dynamix Realty had given unsecured loans of Rs 209 crore to (Asif Balwa`s) Kusegaon Fruits and Vegetables Pvt Ltd from December 23, 2008 to August 11, 2009. No agreement was executed for this purpose."
"Sum of Rs 206 crore was transferred (further) from account of Kusegaon Fruits to account of (Karim Morani`s) Cineyug Films Pvt Ltd during the period from December 23, 2008 to July, 2009," he said.
Morani in his statement to the CBI confirmed of receiving this Rs 206 crore and carried the money trail forward stating, "There was no written agreements for this (received Rs 206 crore)."
"I further state that Cineyug Films extended a loan of Rs 200 crore to Kalaignar TV Pvt Ltd during the period from December 23, 2008 to August 07, 2009," Morani said in his statement.
The two witnesses revealed that no agreements were executed for these transactions between Dynamix-Kusegaon and Kusegaon-Cineyug and it was after the CBI registered the FIR in the 2G spectrum scam, on October 21, 2009, that the agreements were executed between them showing the transaction as "unsecured loan".
Cineyug Films and Kalaignar TV, however, had a "share subscription and shareholders" agreement dated December 19, 2008.
Raja resigned on November 14, 2010, and was questioned by the CBI in December 2010 and the amount of Rs 200 crore was routed back from DMK`s Kalaignar TV to Blawa`s D B Realty between December 24, 2010 and February 28, 2011.
Morani told CBI that Kalaignar TV "refunded" with interest Rs 200 crore to Cineyug Films during December 24, 2010 and February 03, 2011, and during the same period Cineyug Films paid back with interest the same amount to Kusegaon Fruits.
Agarwal further told the CBI that Kusegaon also "repaid the loan" back to Dynamix Realty, during December 23, 2010 and February 28, 2011.
While the transactions between the DB Realty to Kusegaon Fruits and then to Cineyug Films was shown as "unsecured loan", the transaction between Cineyug Films and Kalaignar TV was shown as "share subscription" agreement, the two witnesses said.