This Article is From Jan 25, 2011

CBI questions Niira Radia for the second time

CBI questions Niira Radia for the second time
New Delhi: CBI today questioned high-profile corporate lobbyist Niira Radia for the second time in connection with its probe into the 2G spectrum scam.

Radia was grilled at the CBI headquarters for about two hours during which she was asked about funding of some telecom companies who were allotted the second generation spectrum from October 2007 to January 2008, official sources said.

This is the second time Radia is being questioned by the CBI in connection with the 2G spectrum allocation scam.

She was earlier questioned on December 21 by CBI officials at her farmhouse in Delhi.

The CBI investigators had earlier carried out searches at Radia's residence and the premises of her firm, Vaishnavi Communications, here. The Enforcement Directorate (ED) has also grilled her on allegations of money laundering.

Radia hit the spotlight after her taped telephonic conversations with various influential people including industrialists, politicians and journalists became public. Supreme Court is closely monitoring the multi agency probe in the allocation of 2G spectrum to certain telecom firms.

The apex court has asked CBI and ED to submit status reports on their probe to it by February 10, when the 2G spectrum case will come up for hearing.

The Comptroller and Auditor General of India (CAG) in its report to the Parliament had said that the allocation of 2G spectrum at undervalued prices had resulted in the loss of Rs 1.76 lakh crore to the exchequer.
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