Federal police conducted raid on Vodafon and Bharti Airtel
NEW DELHI: On Saturday India’s federal police conducted searches at Vodafone’s Indian unit and Bharti Airtel’s offices seeking details on spectrum allocation by the government to operators between 2001-02.
Central Bureau of Investigation’s (CBI) spokeswoman, Dharini Mishra said, the searches were in regard to possible irregularities in allotting spectrum during the previous government led by the Bharatiya Janata Party (BJP), now in opposition.
“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 the required details as part of their checks,” Vodafone said in a statement.
The CBI conducted raids at Vodafone’s Mumbai and New Delhi offices and Bharti Airtel’s office in Gurgaon, near New Delhi.
“We would like to categorically state that all the spectrum allotted to us from time to time has been strictly as per the stated government policy,” Bharti Airtel’s spokesman said in a statement.
“We are providing all details and correspondence to the authorities and shall provide complete support as needed in the matter,” Bharti Airtel’s spokesperson said.
India’s Congress party-led government has been rocked by a series of corruption scandals that sparked massive street protests by anti-graft activists sent prominent politicians to trial and undermined investor confidence in the Asian giant.
(source-Reuters)
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