Vodafone and Airtel Offices Raided in Indian Telecoms Scandal Investigation

Published on: 20th Nov 2011

­India's Central Bureau Of Investigation (CBI) carried out searches at the offices of both Vodafone and Airtel while investigating alleged irregularities in spectrum allocation during the  tenure of Pramod Mahajan as Telecom Minister.

The CBI said that teams conducted searches at Vodafone in Mumbai, Airtel in Gurgaon and residences of Ghosh and Gupta.

Responding to the raids, Bharti Airtel said it has always maintained the highest standard of corporate governance and regulatory compliance. "We would like to categorically state that all the spectrum alloted to us from time to time has been strictly as per the stated government policy,"

Vodafone said in a statement: "All our documents are in complete compliance with the governing laws and regulations. Vodafone India is completely co-operating with the officials and will provide them all required details as part of their checks."

The CBI had launched a Preliminary Enquiry to look into the allocation of GSM radio spectrum between 2001 and 2003 to certain companies beyond the prescribed limit.

 

Tags: [vodafone]  [airtel]  [pramod mahajan]  [cbi]  [cbi]  [India]