CBI brings 21 firms into bribery probe: source

Reuters | ByHT Correspondent, New Delhi

Updated on: Nov 26, 2010 01:31 pm IST

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Central Bureau of Investigation (CBI) has sent notices to 21 medium-to-large sized Indian companies regarding an ongoing probe into a financial bribery scandal, a senior CBI source said today.

Central Bureau of Investigation (CBI) has sent notices to 21 medium-to-large sized Indian companies regarding an ongoing probe into a financial bribery scandal, a senior CBI source said on Friday.

"Notices have been sent to 21 companies. It includes big to medium size companies, including real estate companies," the official, who did not want to be named, said.

The source added that cases were limited to individuals and unlikely to create a large fallout. It also added that the agency is not currently considering widening its probe into bribery over loans to corporates.

Shares in real estate companies fell sharply on Friday on concerns more of these firms could be named in the probe.

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CBI brings 21 firms into bribery probe: source

Central Bureau of Investigation (CBI) has sent notices to 21 medium-to-large sized Indian companies regarding an ongoing probe into a financial bribery scandal, a senior CBI source said today.

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