INDIAN INVESTIGATORS DEMAND INTERNATIONAL COOPERATION IN MASSIVE TELECOMS SCAM PROBE

BY RAGHAVENDRA VERMA INVESTIGATORS of India's '2-G' multi-billion dollar telecommunications scam have approached authorities in Singapore, Cyprus, Jersey and the British Virgin Islands to track laundered money in the case, the lawyer representing the government agencies told country's Supreme Court on March 16. The scam dates back to September 2008 when former telecommunications minister Andimuthu Raja presided over the distribution of licences for mobile telephony frequencies. The government earned only USD 2.4 billion from the licences while their true worth, ...


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