Cbi Finds No Proof Of Offence By Aircel In 2g Probe

In the high profile 2G scam, the Central Bureau of Investigation (CBI) has not found any evidence against Aircel, under C Sivasankaran and the NRI entrepreneur and feels that the company might have been victimized. (Don't miss: Aircel gets notice over network roll-out)

CNBC-TV18's Malvika Jain reports on whether Aircel and Sivasankaran have been given clean chit.

The allegation is that C Sivasankaran might have been pressurised to sell his stake to Maxix Communications (owner of Aircel) controlled by T Ananda Krishnan.

Right now it would be inappropriate to say that a clean chit has been given because the grant of licenses from 2001 to 2007 is something that the CBI is going to start looking at once it has filed its third chargesheet, which is likely to happen by June 30. This (2001-2007 cases) investigation would take close to two months.

One of the CBI's investigating team is currently in Mauritius and is talking to the attorney general there and the other team in Delhi is questioning IP Khaitan of Loop Telecom. The team in Mauritius will return next week.

Posted in: Breaking News