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Friday, April 29, 2011

Kanimozhi actively participated in Kalaignar TV management

suchithkc

New Delhi, Apr 29 : DMK MP Kanimozhi, named in the chargesheet in 2G spectrum case, has been actively involved in the day-to-day affairs of Kalaignar TV channel, said one of the directors of the channel.
P Amirtham, Director of Kalaignar TV Pvt Ltd, who is one of the witnesses in the case, told CBI that Kanimozhi, who had only 20 per cent share in the firm, was actively involved in its day-to-day affair.
CBI has alleged that money associated with the 2G scam reached the Kalaignar TV through a circuitous route in which the companies having stake of Swan Telecom promoter Shahid Usman Balwa played a major role. Balwa had allegedly pumped Rs 200 crore.
"On being asked, I state that Kanimozhi Karunanidhi was a founder director of Kalaignar TV Pvt Ltd, Chennai. However, she resigned on June 20, 2007 from the board as Director because the necessary clearances from the Ministry of Home Affairs, New Delhi, were delayed.
"Nevertheless, she used to take keen interest in day-to- day affairs of the company," Amirtham, lined up as 132nd witness, said.
He said Kalaignar TV has taken an unsecured loan of Rs 200 crores from Cineyug Films Pvt Ltd at a lower interest rate and the latter was "pressing hard" for refund of the loan amount

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