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2G case: Court dismisses bail plea of Cineyug director

May 30, 2011 15:31 IST

Cineyug Films Director Karim Morani, an accused in the 2G spectrum case, was on Monday arrested and taken into judicial custody after a Delhi court rejected his bail plea.

Special Central Bureau of Investigation Judge O P Saini refused the plea of Morani who is charged with facilitating the transaction of Rs 200 crore from DB Realty to Kalaignar TV, in which Dravida Munnettra Kazhagam Member of Parliament Kanimozhi holds 20 per cent stake.

The CBI had alleged that Morani took Rs 6 crore for facilitating the Rs 200 crore transaction. The court did not accept the plea of the accused that he was entitled for bail as he had not been arrested during the investigation of the case.

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

The CBI, in its second charge sheet in the 2G case, had alleged that Swan Telecom and Dynamix Realty Promoters Shahid Usman Balwa and Vinod Goenka channelled 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 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 was "stable and normal".

Opposing the bail plea of Morani, CBI had said all other accused involved in the transaction of Rs 200 crore from DB Realty to Kalaignar TV, are already in judicial custody.

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