2G scam: CBI may probe FIU and IT data to decipher money trail

Written by: Pti
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New Delhi, Feb 7 (PTI) Sleuths probing the 2G spectrumallocation are now concentrating on the database of the eliteFinancial Intelligence Unit and Income Tax department todecipher the money trail in the scam.

Sources said the CBI has received some exclusive andcritical tax and income related details from the I-Tdepartment regarding payments made by various entities whowere alloted 2G spectrum.

The investigators have also asked the FinancialIntelligence Unit (FIU) to provide them with the SuspiciousTransaction Reports (STRs) and Cash Transaction Reports (CTRs)that the agency has collected during the period the spectrumallocation was in process.

The CBI, which has arrested former Telecom Minister ARaja and two other senior Telecom department officials, iscurrently scrutinising the transfer of funds by some Mumbai-based firms to some telecom companies.

The data has been provided by the I-T department tothe CBI.

Sources said the investigators are trying to unravelthe complex routes of payments which were made by certainentities involved in the 2G allocation, including someoffshore payments.

The CBI, according to sources, is getting fresh leadsby the I-T department in its probe to unravel the exact lossof money to the exchequer through alleged illegal allocationof the scarce spectrum frequency.

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