Tuesday, March 1, 2011

Police probe 63 in India telecoms scandal


Nobody has yet been charged in the case but the scandal over the sale of telecom licences has already brought down former telecoms minister A. Raja (above), who is under arrest in a New Delhi jail. -- PHOTO: AFP

NEW DELHI - INDIAN police have investigated more than 60 people, including top executives at 10 telecom companies, in a probe into a massive corruption scandal, a court heard on Tuesday.

The Central Bureau of Investigation (CBI) is investigating what has been described as one of the biggest corruption cases in India's history, with up to US$40 billion (S$51 billion) of public revenue lost, according to the government auditor.


Nobody has yet been charged in the case but the scandal over the sale of telecom licences has already brought down former telecoms minister A. Raja, who is under arrest in a New Delhi jail.

'Sixty-three persons including promoters and CEOs (chief executive officers) of 10 (telecom) companies have come under the scanner of the CBI,' CBI lawyer K.K. Venugopal told the Supreme Court, according to the Press Trust of India.

The court was hearing a status report from the CBI on the progress of the investigation after it told police last month to move with 'greater expedition' to catch the beneficiaries of the alleged scam.

The CBI has also arrested two former aides of Raja as well as Shahid Balwa, vice chairman of Etisalat DB Telecom. -- AFP


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