CBI sends letter rogaratories to track money trail
The CBI, which is probing alleged receipt of kickbacks in the Rs. 3,600-crore VVIP AgustaWestland deal, may soon send reminders to three countries to expedite their responses to its formal requests — Letters Rogatories (LRs) — seeking details on alleged trans-national money trail detected by it.
The agency had last year sent LRs to Italy, Mauritius and Tunisia to acquire details on certain accused firms and individuals but is yet to get a response. "The reply from the three countries will be the key to establishing the roles of the accused persons and firms," said a CBI source.
The LRs had sought information pertaining to alleged financial transactions and ownership details of an Italy-based accused firm, its UK-based subsidiary firm and a firm each operating out of Mauritius and Tunisia. The CBI suspects that two Indian firms were also allegedly involved in the trans-national transactions masked as payments for engineering contracts.
The CBI had frozen bank accounts of eight Indians named as accused in the case as well as of two Indian firms named in its FIR.
Further, the agency is also set to send fresh LRs to five more countries to track the money trail-- Singapore, British Virgin Islands, the UK, Switzerland and the UAE.
For More information on this news visit : http://www.newsx.com/
Connect with us on Social platform at : http://www.facebook.com/newsxonline
Subscribe to our YouTube Channel : http://www.youtube.com/newsxlive
The agency had last year sent LRs to Italy, Mauritius and Tunisia to acquire details on certain accused firms and individuals but is yet to get a response. "The reply from the three countries will be the key to establishing the roles of the accused persons and firms," said a CBI source.
The LRs had sought information pertaining to alleged financial transactions and ownership details of an Italy-based accused firm, its UK-based subsidiary firm and a firm each operating out of Mauritius and Tunisia. The CBI suspects that two Indian firms were also allegedly involved in the trans-national transactions masked as payments for engineering contracts.
The CBI had frozen bank accounts of eight Indians named as accused in the case as well as of two Indian firms named in its FIR.
Further, the agency is also set to send fresh LRs to five more countries to track the money trail-- Singapore, British Virgin Islands, the UK, Switzerland and the UAE.
For More information on this news visit : http://www.newsx.com/
Connect with us on Social platform at : http://www.facebook.com/newsxonline
Subscribe to our YouTube Channel : http://www.youtube.com/newsxlive