Prashant Ruia, group chief executive of the Essar Group was questioned by the Central Bureau of Investigation (CBI), according to news reports.
Essar owns less than a 10 percent stake in Loop Telecom, a new operator who was among the companies that were asked to defend their licences after the Comptroller and Auditor General of India said they were not eligible for the licences they were awarded in 2008.
A statement issued by the company stated that Essar was in full compliance with the Department of Telecommunications? license norms and all other applicable laws. It added that as and when any information was sought, Essar would provide the same to the authorities.
