2G-Criminal Conspiracy Charge against Essar,Reliance Communications?

For those who have been following 2G scam,I have found some additional information on the subject through
http://soniajaspal.wordpress.com/2011/04/17/weekly-roundup-%E2%80%93-17-april-2011-2g-telecom-scam-story/

Story:
The CBI will charge India’s top conglomerates the Essar Groupand Relaince ADAG with criminal conspirary and cheating in the multi billion dollar 2G Telecom Licenses Scandal.This Corruption Scam was brought directly under the control of theSupreme Court as the government failed to move against powerful businessmen and politicians.Now the investigative agencies which have broken free from the ruling party’s interference have given the status of the investigation to the Court.The CBI has said that the 2 companies Loop and Swan Telecom were used as front companies by established telecom operators Essar and Reliance Communications to get more license.Note this defeated the entire exercise and there is ample circumstantial evidence to prove that the telecom minister Raja and his cronies connived with the companies to give precious spectrum for a song.Massive kickbacks were given through real estate companies like DBRealty whose top billionaire owners are cooling their heels in jail as well.
It remains to be seen whether the top corporate executives of India’s topmost conglomerates get prosecuted over these wrongdoings.Essar and ADAG are amongst the top 10 conglomerates in India with wide ranging operations with billions of dollars in revenues nationally as well as internationally.The Supreme Court has been instrumental in bringing this case so far as the government seems totally coopted by corruption.It has been frequently been castigated by the Supreme Court and has shamelessly defended corrupt bureaucrats and politicians.It remains to be seen how this 2G Telecom Case ends.If justice is done,then it may provide a new chapter to India’s corruption ridden story till now.
http://greenworldinvestor.com/2011/03/29/cbi-2g-telecom-scandal-criminal-conspiracycheating-charge-against-essarreliance-communicationswill-sc-throw-top-executives-in-jail-like-raja/

Related:
http://www.newsclick.in/india/cag-report-raja-has-no-clothes

Sitaram's letter had identified three elements in the telecom scam. One was of course giving away 122 licenses at 2001 prices in 2008. In 2001, there were barely 4 million mobile subscribers as against 300 million subscribers in 2008. With this expansion of the telecom market, using 2001 prices in 2008 was nothing but providing largesses to friends and relations. While the media focussed on this aspect of the scam, there were also two other components. One was the conversion of CDMA licenses to Unified Access Services (UAS), by virtue of which Reliance and Tata entered the GSMbased mobile services. The third was the extra spectrum that the existing operators had hogged beyond their originally sanctioned amount. The table below summarises the amounts computed by the CPI(M) as in the letter to PM by Sitaram Yechury and the computations by CAG.

Item Approx. Amount CAG Calculations Loss due to 122 licenses for new entrants in 2008 Rs. 124,000 crore Rs. 102,498 crore Loss due to cross-over licenses permitted to CDMA operators (Dual Technology License) 36,000 crore Rs. 37,154 crore Estimated loss due to excess spectrum occupied by the GSM operators beyond allotted 6.2 MHz Rs. 30,000 crore Rs 36,729 crore Total Rs.190,000 crore Rs 1,76,379 crore