New Delhi, October 25: A CBI team has left for Mauritius and the United States to probe alleged diversion of funds by disgraced Satyam founder B Ramalinga Raju to these countries.
Funds were re-routed back to India via European countries as “investments” in nearly 300 alleged fictitious companies floated in the name of his relatives, official sources said.
The CBI team, which is probing the Rs 10,000-crore accounting fraud at Satyam Computer Services, has found during its investigations that Raju had diverted big amounts to Mauritius– a tax haven –from where the money was brought back to India via several European countries, sources said.
They said the money was routed back to India through some banks in the United Kingdom and the remittances to these banks were made from these tax havens.
–Agencies