Cheque payments nailed Kanimozhi | delhi | Hindustan Times
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Cheque payments nailed Kanimozhi

It was sheer 'luck' for the CBI to have traced the vital Rs 214 crore money trail in the 2G spectrum case allegedly linking DMK MP Kanimozhi with one of the accused companies DB Realty as the payments took place through cheques, top officials said here.

delhi Updated: May 21, 2011 00:36 IST

It was sheer 'luck' for the CBI to have traced the vital Rs214 crore money trail in the 2G spectrum case allegedly linking DMK MP Kanimozhi with one of the accused companies DB Realty as the payments took place through cheques, top officials said here.

It is very difficult to unearth money trail in such cases of alleged corruption as a lot of 'benami' transactions take place which are nearly impossible to attribute to a particular individual, they said.

"It was pure luck that we came across these transactions, which were done through cheques. These helped us to fit pieces of the jig-saw puzzle," one of the CBI officials said.

The officials said the agency has "so far" not detected any "quid pro quo" in the spectrum allocation scam except the alleged financial transaction between the Kalaignar TV, where Kanimozhi has a 20% stake, and Cineyug but is working on certain leads as investigation is under progress.

A CBI team will be visiting Mauritius which might give an insight into the money trail in the scam and might bring out any bribe money which might have changed hands, sources said.

Highly placed sources said in case of corporate lobbyist Niira Radia's alleged role, the agency has found nothing about her involvement in the scam but she has not yet been cleared and whether she had a role in some ‘peripheral’ issues, like Voltas land deal, is still being probed.

They said none of the alleged actors of the scam have been given any cleanchit.

Sources said the agency will soon start investigations into the telecom spectrum allocations done during 2001-07 in which it has already registered a preliminary inquiry.