Some excerptshere taken from 'Raja lobbied for telecom ministry'.
From M.J.Akbar's summary:
"The unambiguous fact is that Dr Singh and Mrs Sonia Gandhi were aware of this, but chose silence because the price of disclosure would have been the collapse of Government. DMK has levelled a cash pistol at the head of Government, and the head has nodded in acquiescence because the alternative was to watch its brains being blown up. DMK blackmail has worked, and would have continued to do so but for the integrity of some journalists.
The most important question awaiting an answer, unless a large, interconnected, corporate-politician-media establishment protects the brazenly guilty, is: how did a lobbyist know of portfolio distribution? It is ironic that one of the reasons that brought the UPA back to power was a reputation for financial integrity, bolstered by the Prime Minister’s personal image (which remains clean).
Radia was privy to specific details of the politics of Government formation, much more than can be discerned by common or even uncommon sense. The tapes are proof of her contacts, at one level; at another, they also reveal the squalid civil wars within the DMK. The war of succession between the Brothers Alagiri and Stalin is only one detail of a diamond-studded opera that is surely beyond the fantasy of any television soap.
This much we know thanks to a leak in Government, possibly initiated by an officer who saw this option as a last resort. But think of the perhaps hundreds of conversations between minister and middle-woman that could not be taped. How much sleaze is stored in them?
Nothing, it is said, clears the mind like the prospect of a hanging. Judging by Raja’s face after the story broke, nothing confuses the mind like the prospect of demotion, to paraphrase from Hindi, from raja (royalty) to runk (commoner)."
See also Madhukar Shukla's post Nira Radia Papers - Raja, Tata, Ambani connection for more links.