Radia Tapes: Fresh application in SC for further probe
An application has been filed in the apex court urging it to take on record reports of Serious Fraud Investigation Office by an NGO
New Delhi: An application has been filed in the apex court urging it to take on record reports of Serious Fraud Investigation Office (SFIO) which after examining Niira Radia’s tapped conversations allegedly found irregularities in certain business transactions involving some top corproates.
Referring to a purported letter written by the investigating officer to the Director of SFIO, the Centre for Public Interest Litigation, an NGO, submitted that cases of serious corporate fraud were allegedly brought out against them which need to be probed.
It submitted that the probe was originally initiated by the Registrar of Companies (RoC) on whose report to the Ministry of Corporate Affairs, an SFIO inquiry was ordered.
“All of the above have been thoroughly investigated and action has been recommended against top corporates to the Government of India several months back. Yet no action has been taken.”
The NGO alleged that these cases are different from the issues framed by the apex court in which it had directed CBI probe.
“Thus it is clear an attempt is being made to scuttle investigations arising out of or involving the intercepted conversations of Nira Radia’s telephones in order to save top corporate groups. Only strong directions from this Court coupled with the disclosure of the transcribed conversations can lead to the guilty being brought to book,” the application said.