Wednesday, March 16, 2011

Raja’s close aide Sadiq Batcha dies in mysterious circumstances

March 16, 2011:

In a dramatic twist in the 2G spectrum probe, Sadiq Batcha, a close aide of the former Telecom Minister Mr A. Raja and under investigation in the case, died in mysterious circumstances with his family claiming he committed suicide.

"He was brought dead to the Apollo hospital at about 1:30 pm. The family says he had hanged himself. Police is yet to verify anything. We are investigating," the Chennai Police Commissioner, Mr T. Rajendran, told PTI.

Police have rushed to his house and are conducting enquiries.

When the body of 47-year-old Batcha was taken to the hospital, doctors declared him "brought dead."

Hospital sources said the body would be taken to a government hospital for post-mortem.

Batcha was the Managing Director of Greenhouse Promoters, a firm under the scanner of the CBI as well as the Enforcement Directorate.

The CBI along with the ED had conducted searches at his premises late last year. Both the CBI and the ED were probing the possibility of his firms acting as a front for the former minister. Both the agencies have questioned him earlier in connection with the case.

Incidentally, Mr Raja's wife Ms M.A. Parameshwari was a director of Green House Promoters.

Sources said Mr Raja's other relatives are also reported to be associated with the firm.

Batcha owned several other firms, and the agencies are examining if his firms could have acted as a front for possible kickbacks in the scam, the sources said.

As he heads several real estate firms, the agencies are trying to find out any money trail related to them in the scam.

Mr Shahid Balwa, Managing Director of DB Realty, who is currently lodged in Tihar Jail after being arrested by the CBI in connection with the 2G scam probe, has told the agency that he knew Batcha for the past few years.

Sources said the agencies are focusing on the financial dealings of Batcha to find out how a company that began operating a few years back, went onto to create assets worth several hundred crores of rupees in just a short span of time.

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