Don’t miss the latest developments in business and finance.

2G case: ED-CBI team to travel to Singapore

Image
Press Trust of India New Delhi
Last Updated : Jan 24 2013 | 1:49 AM IST

Both the agencies, according to sources, have gathered vital inputs on the investments and transactions made by certain telecom companies and real estate firms embroiled in the scam.

The team will meet their counterparts in the Southeast Asian country and would try to obtain further leads on the official legal requests (Letters Rogatory) that have earlier been made in connection with the 2G spectrum allocation investigations, they said.

Details on holding patterns and investments made by various entities will be gathered during the four-day visit, they said.

A money laundering case has been registered by the ED in this case and it has found that while few companies allegedly floated some subsidiaries in the country, some other investments in the 2G spectrum allocation case have been routed from here.

The joint team of investigators from both the agencies had earlier visited British Virgin Islands this year while they had also travelled to the UK, Isle of Man, Singapore and Cyprus last year with regard to their probe in the same case.

  

More From This Section

First Published: Jun 04 2012 | 7:55 PM IST

Next Story