A joint team of the Enforcement Directorate and the CBI will travel to the Virgin Islands in connection with its probe against various entities in the 2G spectrum allocation scam.
The team is proposing to leave for the island on March 9 after the ED obtained certain leads in the investments made but real estate firm Unitech in the foreign country and also about certain firms allegedly related to corporate lobbyist Niira Radia.
Sources said that the ED has already sent a Letters Rogatory (LR) to the country last year in these two instances and also detected five firms which were associated to Ms. Radia.
They said that ED-CBI team will meet their counterparts in the country and will also seek additional information on the LRs which the agencies had sent earlier to them in connection with the 2G probe.
They added that the details on holding patterns and investments made by various entities will be gathered during the visit.
A money laundering case has been registered by the ED in this case and it has been found that while Unitech had allegedly floated some subsidiaries in the country, few other investments in the 2G spectrum allocation case have been routed from here.
Unitech had earlier said that all its investments in countries outside India are carrying on normal business transactions and they have always been cooperating with the investigating agencies.
The joint team of investigators from both the agencies had earlier visited U.K, Isle of Man, Singapore, Cyprus last year with regard to their probe in the same case.
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