The Enforcement Directorate today told the Supreme Court that properties worth Rs 2,000 crore each of two companies involved in the 2G scam will be attached soon.
The names of the companies were not revealed but the court was assured that the properties would be seized within two months against charges of money-laundering and violations of foreign exchange rules. Both companies’ transgressions add up to Rs 4000 crore.
The Enforcement Directorate in its status report said it is studying the involvement of five foreign firms in the 2G scam who are registered in Virgin Island.
The 2G scam –attributed to A Raja when he served as Telecom Minister – saw companies getting mobile network licenses and spectrum at throwaway prices. Mr Raja and the executives of some of those companies are now in jail.
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