Singapore, 26 February 2013 – According to media reports, the Central Bureau of Investigation (CBI) in India has registered a case against Singtel, together with two other Indian telcos, for allegedly providing international long distance services to Indian customers without a license. No official charges have been brought against Singtel.
Singtel denies and will actively defend itself against the allegation. As a long term strategic investor, Singtel respects and conducts its business according to applicable laws in the countries it operates in.
Singtel is renowned for its high corporate governance and transparency standards. It has been assisting the relevant Indian authorities in preliminary enquiries and will continue to render its full co-operation.