ED takes probe abroad
The Enforcement Directorate has asked intelligence officers at Indian missions in several countries to check the money trail in the 2G scam.delhi Updated: Dec 18, 2010 01:25 IST
The Enforcement Directorate has asked intelligence officers at Indian missions in several countries to check the money trail in the 2G scam. Missions which have got the communiqué include those in Cyprus, Cyprus, Mauritius, British Virgin Islands, Jersey, Isle of Man, Singapore, Dubai, Libya and Norway.
Documents with the ED indicate that Unitech, through its wholly owned subsidiaries and associates in various countries, made interlinked transactions to hide real beneficiaries.
The companies identified as recipients are Unitech Builders and Estates, Adonis Projects, Aska Properties, Hudson Properties, Nahan Properties, Unitech Infrastructure and Volga Properties.
Details asked from the mission are on the nature of business conducted by Unitech's subsidiaries, copies of their balance-sheets, and the names of their promoters and directors.
The officers have specifically been asked to check the antecedents of the money coming into Unitech Wireless under the ambit of Prevention of Money Laundering Act.
A spokesperson of Uninor, when contacted, said, “We are not aware of any notification from the ED.” The communiqué is a prelude to Letters Rogatory (formal government missives) for some of these countries, considered tax havens, if incriminating evidence turns up.
First Published: Dec 18, 2010 01:23 IST