The Central Bureau of Investigation will send a formal request to Switzerland in a bid to track the alleged money trail of Swan Telecom, a company involved in the 2G spectrum allocation scam.
The decision has been taken as documents received from Mauritius indicated flow of money to other European countries considered tax havens, CBI sources said.
Letters Rogatory would be sent to Swiss authorities, urging them to share investigation details. If they agreed, a joint team of the CBI and the Enforcement Directorate would be sent to that country.
“We have received ownership patterns and details of investments by a number of companies based in Mauritius. Prima facie it appears that funds have been routed to Switzerland through some channels. We are still examining all documents and will send our team to probe it,” the sources said.
The CBI had asked for details of the Mauritius-based Delphi Investments Limited, Murphy Investments Ltd, Capital Global Ltd, Black Lion Ltd, Inditel Holdings, Deccan Asian Infrastructure, Aidetel Holding, Kaif Investments, Electro Investments Ltd and Palab investments for their alleged role in the 2G scam, the sources said.
