CBI EXAMINES ISRO EX- CHIEF IN ANTRIX DEAL
New Delhi: Former ISRO chairman K. Radhakrishnan has been examined by the CBI in connection with the agency’s probe into alleged
irregularities in an agreement between private multimedia company Devas and Antrix, the commercial arm of Indian Space Research Organisation. CBI sources said Thursday that Mr Radhakrishnan, who was also the chairman of Antrix, was examined for nearly two hours at Antrix’s office in Bengaluru. The move came at a time when Antrix has
been slapped a fine of about 4,400 crore ( 672 million dollars) by international arbitration court for unilaterally terminating the contract with Devas which
was planning to use the spectrum to launch satellitebased multimedia services on hand- held devices. The CBI had registered a case
and submitted an FIR against the then executive director of Antrix K. R. Sridhara Murthi, M. G. Chandrasekhar and R. Vishwana
than of Forge Advisors, Devas Multi- media Private Limited and unnamed officials of Antrix, ISRO and Department of Space in
a designated court in Bengaluru. The CBI has slapped cases under 120- B
( criminal conspiracy), 420 ( cheating) of IPC and
relevant sections of Prevention of Corruption Act against them.