2G SPECTRUM SCAM: Loss of Rs 1.76 lakh crore hypothetical, trial untenable - Swan.

«Such issues are policy decisions and the government has to frame policies by keeping in mind the social upliftment of its people and revenue generation and if government would have gone for auction of licenses, then the billing of one paise per second could not have become a reality,» Amit Desai, counsel for Swan, now Etisalat DB, told CBI Judge O.P.Saini.The courts should not interfere with the policies of the government.The policy can be bad but cannot be «criminal» as the state has to ensure the welfare of citizens besides revenue generation, he contended.Mr.Desai, arguing for the firm which is also an accused besides its promoter Shahid Usman Balwa and director Vinod Goenka, said «the company, being a juristic person, did not commit any criminal act.At best, CBI could have used it for identifying Balwa and Goenka.»

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