LAW\\ The Supreme Court finally gave its verdict on 2G spectrum scam in February. The apex court ordered the government to revoke all the 122 telecom licences that were distributed under the tainted sale of 2008, by telecom minister at the time, A. Raja. This decision, while praised in most quarters, has left the finance sector—bankers, investors and vendors— in a state of shock. They have expressed grave concern about the billions of dollars going down the drain. In contrast, the UPA government has hailed court’s decision, which is being seen as a double bonanza for the government. On one hand, Home Minister P. Chidambaram has been let off the hook by the trial court on the grounds that “anybody and everybody associated with the decision in any degree cannot be roped in as an accused”. Judge O.P. Saini rejected Janata Party chief Subramanian Swamy’s petition, and ruled that Chidambaram would not be held criminally responsible for the distribution of licences during his tenure as finance minister. On the other hand, with the cancellation of the licences, the 540 MHz spectrum could be available for public auction again, which could mean a multi-billion-dollar deal for the government.