CBI following 2G money trail

Requests tax havens for information on beneficiaries

GN Bureau | November 20, 2010



The Central Bureau of Investigation (CBI) is tightening the noose on former telecom minister A Raja. It is sending the Letter Rogatory (formal letter of request from a court to a foreign country for judicial assistance) to Mauritius, the UAE and Cyprus to ascertain if Raja was the last beneficiary of the foreign money pumped into the 2G spectrum allocation from these tax havens.

The agency had registered a regular case last year to probe the alleged criminal conspiracy between the Department of Telecom (DoT) officials and the companies allegedly favoured by them in the 2G spectrum allocation in January 2008.

Letter Rogatory follows the agency tracing the foreign money received by the dubious telecom firms that bagged the licences. It is now trying to establish the real source of such investments and the actual beneficiaries to unravel the corruption angle.


The investigations have already established that large sums of money from the three countries were routed by some Chennai-based companies into the 2G spectrum applicants. The Chennai-based companies started investing money into these firms soon after they bagged the licences. The CBI is now trying to ascertain if this money or part of it was meant for the bribe.

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