PM Modi acknowledges Subramanian Swamy's letter

NEW DELHI: Prime Minister Narendra Modi has acknowledged receipt of a letter of BJP leader Subramanian Swamy seeking a CBI probe into the role of former Finance Minister P Chidambaram in the FDI approval for Swan-Etisalat deal.

"I have received your letter of 3 October, 2014 requesting for a CBI probe into the FDI approval of Swan-Etisalat deal," wrote Modi in a letter to Swamy.

Swamy had written that Swan Telecom, owned by Shahid Balwa, received one of 2G Spectrum Licences at the 2001 price and it sold two-thirds of the company's equity at a higher price to Abu Dhabi company Etisalat.

Describing this as a "dubious" deal, he demanded that the prime minister order a CBI probe into it.