The CBI on Tuesday told the Supreme Court that it has registered a Preliminary Enquiry (PE) against the role of M/s Tatas in the 2G spectrum allocation scam following a report of the Serious Fraud Investigation Office (SFIO) against it. The premier investigating agency has also told the court that the Radia tapes were sent to forensic laboratories to find out if the conversations are genuine.
Appearing before the bench headed by justice HL Dattu, KK Venugopal filed a status report in the sealed cover and submitted that the "agency has registered a PE and the enquiry will be complete soon."
Petitioner counsel Prashant Bhushan has alleged that "the SFIO investigation, under ministry of corporate affairs, also confirms that M/s Unitech was fronting for M/s Tatas and had obtained 2G spectrum allocated by the DoT in 2008 by cheating and fraud."
He argued that the CBI has chargesheeted other companies like Swan (fronting for Reliance), Loop (fronting for Essar) for their alleged role in the 2G case but the agency failed to take any action against Tata group.
The lawyer said, "The SFIO probing the Radia tape cases reveals that M/s Unitech was nothing but a front for Tata. The money was not paid directly to Unitech Ltd. The companies of Tata Group were put into service to route funds to the group companies of Unitech and these companies finally passed on the funds aggregating Rs1,700 crore to Unitech Wireless (Tamil Nadu) Pvt Ltd during March 2007 to March 2008...."