Finance minister Pranab Mukherjee today declined to comment on the CBI raids on the office of Department of Telecom (DoT) in connection with alleged irregularities in allocation of 2G spectrum to new players.

"I have only read in papers ... Let me get the report, then I will form my view," the Minister told reporters when asked to comment on the developments. The CBI yesterday raided the DoT offices to look into the documents relating to the award of licenses in January 2008 to new telecom operators.

Telecommunications minister A Raja, however, yesterday ruled out his resignation saying all the procedures laid down by the TRAI were followed and the decisions were taken after consultation with the Prime Minister.