New Delhi: In a response to the CBI's request for probing the antecedents of Mavi Investment Fund which is alleged to have made a payment of four million dollars to Reliance, the Letter Rogatory sent to Switzerland did not prove beneficial to the agency.
The information given could not be used in the court and has not enough evidence.
On September 14, 2011, a special court issued a Letter Rogatory which was translated into French language as per the requirements of Mutal Legal Assistance treaty with Switzerland.
This was done to get inside information of the money trailing and transactions of Mavi Investment Fund with reliance industries.
“Role of Anil Ambani and other employees of Reliance in allocation of GSM spectrum to Reliance under dual technology vis-a-vis sale of 9.99 per cent share in Swan Telecom to Delhi investment is being probed during further investigation,” the CBI had said in its response to a petition by Prashant Bhushan and Subramanian Swamy.
Reliance Telecom spokesperson could not be contacted for comments on the development.
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