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2G scam probe: CBI arrest two more execs

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CIOL Bureau
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NEW DELHI, INDIA: The Central Bureau of Investigation (CBI) have arrested two executives, including the brother of former managing director of DB Realty, in a probe into a huge telecoms licensing scandal.

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A spokeswoman for CBI told Reuters it had arrested Asif Balwa and Rajiv Agarwal "in connection with money trail of the 2G (licence) case".

Asif Balwa is the brother of former DB Realty Managing Director and also the promoter of Swan Telecom, Shahid Balwa, who was arrested by the CBI in February.

DB Realty declined comment.

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