The Central Bureau of Investigation, probing the 2G spectrum scam, is now preparing to send its team along with a letter of request (LR) to the United Kingdom to get details about some companies based in British Virgin Islands. To probe the financial details of some companies based there, sources said, is
essential to uncover the ownership of a Mauritius-based firm, which allegedly bought stakes in Swan Telecom of Shahid Balwa.
Sources in the agency said, “The agency has decided to send its team along with LR to British Virgin Island following inputs provided by Mauritian authorities. The agency is expected to send its team by the end of this month.”
The CBI sent a LR to Switzerland to get details about some overseas companies.
who allegedly routed money in certain telecom firms awarded unified access service licences during former communications minister A. Raja’s tenure.
Sources said, “Initial probe by the agency has revealed certain companies based in Switzerland as well as in British Virgin Island are allegedly interlinked.
“These are reportedly associated with some telecom firms who were in the race for 2G allotment during Raja’s tenure.”
Agency sleuths involved in the probe are scrutinising some crucial documents recently provided by Mauritian authorities in this connection, sources said.
“The agency officials are also scrutinising documents related to the ownership of a Mauritius-based firm and its alleged links with companies based in British Virgin Island and Indian telecom firms, including Swan Telecom. Now the agency officials are hopeful that they will soon ascertain the ownership of certain overseas companies which are under the scanner,” sources said.
“We are also trying to ascertain the identity of those Mauritius-based companies who allegedly received funds from their subsidiaries in Switzerland for routing money in telecom firms in India,” sources added.