CBI reiterates, probing on Tata-Unitech covert financing in 2G Scam

CBI confirms that it is probing Tata covert financing in 2G Scam

CBI confirms that it is probing Tata covert financing in 2G Scam
CBI confirms that it is probing Tata covert financing in 2G Scam

Swamy argues ED should also probe

BJP leader Subramanian Swamy on Wednesday argued in 2G Court that apart from Central Bureau of Investigation (CBI), the Enforcement Directorate (ED) should also be directed to probe the covert financing of Rs.1700 crores ($254 million) by Tata Group to Unitech to acquire telecom licenses during 2G Scam. Producing CBI’s communication to him before the Court, Swamy said CBI confirmed that they are still probing the matter, found by the Serious Frauds Investigation Office (SFIO).

Swamy said that apart from Ratan Tata, Unitech’s Sanjay Chandra, controversial lobbyist Niira Radia should also be prosecuted.

Swamy argued that for the past three years, CBI is taking the stand that they are probing the matter and the Court should seek status report. Judge OP Saini did not oblige to Swamy’s demand, allowing him to provide more info or documents, if any on the next hearing May 31.

BJP leader said the way the illegal money transfer of Rs.1700 crores ($254 million) from Tata group companies to Unitech was made was nothing but money laundering and case under PMLA should be registered. “This covert financing of Rs.1700 crores ($254 million) is nothing but money laundering. ED should be directed to register case under PMLA. This Court can direct to ED also. CBI should not allow to go on and on saying that they are probing. My Lord can seek a status report from CBI,” Swamy reitrated.

In his petition, Swamy said that apart from Ratan Tata, Unitech’s Sanjay Chandra, controversial lobbyist Niira Radia should also be prosecuted.

The issue pertaining to certain land deal investments by Tata Group in Unitech, as reflected in the Report of SFIO, has been examined by CBI and findings thereof have been reported to Supreme Court vide progress reports/affidavits filed in sealed cover including progress report dated July 6, 2011.

“Further investigation on some aspects relating to the role of Tata in 2G Spectrum case is continuing under due intimation to Supreme Court vide progress report dated Jun 12, 2014. The Court of Special Judge has also been duly intimated in this regard,” said CBI letter dated February 28.

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4 COMMENTS

  1. Swamy is not a true corruption crusader as he wants to project himself often but a mere “hire-gun” for Modi/RSS from 2013. His main job is to go after everyone whom his masters esp Modi/RSS want and most importantly “time” the legal actions with intentionally introduced delays from his side often in process so that maximum political mileage/brownie points can be got esp for Modi by 2019 as well as blackmail legally.
    One case see he has shifted his targets esp after Marans were discharged in courts and he seems perfectly OK with discharge,no appeal etc as his masters want him to go after Tata by which they want Tata not to donate to rival parties challenging Modi now.

    • typo in above:
      i wanted to say he is not a true anti-corruption crusader but a very cleverly disguised hire-gun whose main intention is to extract some form of political mileage for his mater or to serve as salutory bogeyman.

  2. I must confess that Dr Swamy is doing Yeoman service to our motherland. You are another splendid example of wonderful support. In what way can i be of some use at my age, please let me know Sir.

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