2G scam: Court reserves order on Shahid Balwa's bail

The Central Bureau Of Investigation (CBI) on Tuesday had told the court that it is not opposed to the bail plea of Balwa.

The CBI had arrested the Mumbai-based realty promoter in February.

The Enforcement Directorate had trailed Rs 214 crore allegedly routed by Balwa and DB Realty to Chennai-based Kalaignar television, a channel promoted by family members of DMK leader and former Tamil Nadu chief minister M Karunanidhi.

The Delhi High Court granted bail on Monday to DMK MP Kanimozhi and four others.

Other than Kanimozhi the other accused who have been granted bail include Cineyug founder Karim Morani, Kalaignar TV's MD Sharath Kumar, Kusegaon directors Asif Balwa and Rajeev Agarwal.