Apropos Sorry, Switching Off (Mar 21) on the fate of the telcos in the wake of the 2G scam, the iron-clad agreements Uninor and Etisalat must have entered into with their Indian associates, drafted at least in part by some of India’s most expensive legal talent, would almost certainly indemnify them from the saga that is now unfolding.
In India, the politicians and judges share a very cozy relationship.
And in the process, both loot the Indian public.
A new mega scam in the making. Seems like some of those who were left out are now demanding their share of the booty. Effected parties are advised to share the booty with all concerned as every action or inaction in India is for inviting offers for share in loots of public money, nothing more nothing less.
Judges, who stole PF money of forth grade government employees, are now free. See this http://news.outlookindia.com/item.aspx?715119
These are the kind of judges who go to high courts and supreme court.
The telecom companies, domestic and foreign, played by the rule and penetrated phones to the poorest. Now SC is determined to unravel this progress.
There are 2 possible motives and scenarios. One, SC will cancel the licenses, re-do the rule, force mobile telephony to start from the scratch and turn the country into a banana republic. Second, assuming judges not descended from heaven, the SC might be aiming for something big. With so much money involved, the judges will beat all telecom ministers combined.
To clean the mess in 2G the best thing for the people of India is to cancel and re-auction. Re-auction would fetch more money for Govt and hence people of India.
Swan/DB Etisalat/Uninor shall be the first once to be cancelled because of national security issue.
Kapadia ji in the interest of nation please cancel the licenses and re-auction them.
>> Your government, we can work with. But the Supreme Court is a different matter
Of course. The govt is headed by a lying scumbag, who happily accepted everything Raja told him, and decided to keep his eyes closed even when glaring irregularities were pointed out.
Hope SC doesn't degenerate to this level.
The iron-clad agreements Uninor and Etisalat must have entered into with their Indian associates, drafted at least in part by some of India's most expensive legal talent, would almost certainly indemnify them from the downside of the saga that is now unfolding.
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