20 Jun 2011

Indian Executives Involved in Telecom Fraud Denied Bail

5 of the top Indian executives arrested in connection with the fraudulent 2008 selling of telecom licenses were denied bail earlier today because, according to the Indian court, the accused may interfere with the process of justice by tampering with the evidence.

The court also weighed the gravity of the crimes, saying that taking into account the gravity of the accusations warranted the five high-profile defendants remaining in jail for the time being.

Along with the 5 executives, including Gautam Doshi (Reliance Telecom Managing Director – pictured here), 8 others were entangled in the corruption scandal that has caused so much trouble for the Congress-led government, including the former telecom minister, A. Raja.

For the original article from Yahoo!.com, please click here.

Please note that the photo of Mr. Doshi comes from the AFP.