Delhi High Court has reserved order on the bail plea of DMK MP Kanimozhi and Kalaignar TV MD Sharad Kumar. Both of them are accused in the 2G scam. Justice Ajit Bharihoke, after hearing detailed arguments on the bail applications of the accused, said the order on their pleas would be pronounced later.

Senior advocate Altaf Ahmed, appearing for Kanimozhi and Sharad Kumar, contended that the transaction of 200 crore rupees from DB Group to Kalaignar TV was a valid loan transaction and their was nothing dubious about it.

Senior advocate and Special Public Prosecutor U. U. Lalit opposed their bail pleas saying the accused have attempted to create smoke screen by projecting the bribe trail of 200 crores as a loan transaction.

Kanimozhi and Sharad Kumar had approached the High Court on May 23 after their bail applications were dismissed by a special CBI court on May 20.