Court reserves order on Morani’s bail plea

New Delhi, May 26, 2011 (PTI)





A Delhi court on Thursday reserved its order on the bail plea of Cineyug Films Director Karim Morani, an accused in the 2G spectrum case.



"Put up for order for May 30," Special CBI Judge O.P. Saini said.



During the arguments on bail, CBI prosecutor A.K. Singh said that Morani facilitated the transaction of Rs 200 crore from DB Realty to Kalaignar TV, in which DMK MP Kanimozhi holds 20 per cent stake.



The CBI said Mr. Morani took Rs. 6 crore for facilitating this Rs. 200 crore transaction.



Senior Advocate Sidharth Luthra, appearing for Mr. Morani, submitted that the CBI should not oppose the bail plea of his client as they had not arrested him during the investigation of the case.



He said that Mr. Morani has no links with the public servants who are among the accused in the case.



Mr. Morani had filed his regular bail plea on May 24 after the court had denied anticipatory bail and directed him to appear before it.



CBI, in its second charge sheet in 2G case, had alleged Swan Telecom and Dynamix Realty Promoters Shahid Usman Balwa and Vinod Goenka channeled Rs 200 crore to DMK-run Kalaignar TV through Kusegaon Fruits and Vegetables Pvt Ltd and Morani's Cineyug Films Pvt Ltd.



The court had earlier dismissed Mr. Morani's anticipatory bail plea on medical ground, saying that as per May 19 reports received from the department of Cardiology and Neurosurgery of Mumbai's J J Hospital, his condition is "stable and normal".


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