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2G case: Reliance ADAG funded STPL through front cos, says CBI

Last Updated: Thursday, September 10, 2015, 19:21

CBI Thursday claimed in a special 2G court that Reliance Anil Dhirubhai Ambani Group (ADAG) had structured front companies to fund Swan Telecom Pvt Ltd (STPL) to increase its net worth for bagging radio waves.

RTL told bank to transfer Rs 974.49 cr to STPL, says witness

Last Updated: Tuesday, October 16, 2012, 21:34

The witness further said this amount related to "subscription of preference shares" along with premium and that RTL had invested 9.87 percent of equity shares in STPL.