The agency has asked DoT for information about financial transactions between banks and telecom companies
The agency has asked DoT for information about financial transactions between banks and telecom companies
In a major development in the 2G spectrum scam probe, the Central Bureau of Investigation (CBI) has asked the Department of Telecommunication (DoT) to provide on "top priority" information about the financial transactions and tripartite agreements between various banks and the 122 telecom companies who were allotted licences in 2008. 
CBI has to present status report to SC . PIC/Subhash Barolia
In a letter written to DoT, the CBI said the list of 122 allottees of Unified Access Services (UAS) licences in the year 2008, duly attested by a DoT official, should be sent to the agency, as the CBI has to furnish a status report before the Supreme Court in the second week of February.
The CBI stated in the letter that papers pertaining to certain cellular companies who were allotted 2G licenses by the DoT in 2007-08, have not been furnished to the agency.
It asked DoT to furnish on "top priority" the details of instruments through which entry-level fees in respect of these companies was received by the department, official sources said. The CBI claimed that some of the allottees had availed credit facilities from various banks by offering licences allotted by the DoT as guarantees.
Widening its probe into the 2G spectrum scam, the CBI has initiated a preliminary enquiry (PE) to probe the role of certain public sector banks for providing loans to certain companies that were allocated 2G spectrum in 2007-08. The PE was registered by the Bank Securities and Fraud Cell of the CBI against unknown bank
officials.
The allegation is that some banks had violated the laid down norms and provided finance to old as well as new companies that had made forays into the telecom market by procuring the spectrum auctioned during the said period, the sources said.
This is the second PE registered by the CBI in connection with the 2G spectrum scam. Earlier, a regular case was filed against unknown officials of the Department of Telecom and private companies. In December last year, the Supreme Court had come down heavily on public sector banks for their role in the 2G spectrum scam.
| What is spectrum csam? |
| *u00a0u00a02G licences were issued to u00a0private telecom players at u00a0throwaway prices in 2008 |
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