IT check on Volcker listed companies

By agencies   |   Wednesday, 07 December 2005, 20:30 IST
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NEW DELHI: The government today said the IT department has made enquiries into transactions of some of the 135 Indian companies and entities listed in the volcker report. "About 135 Indian companies figure in the Volcker report on the Oil-for-Food program of U.N. in Iraq. I-T Department has made preliminary enquiries into the transactions of some of the Indian persons and entities, who have been listed in the said report," Minister of State for Finance S S Palanimanickam said. "The Committee will submit its report in a period of six months," he added.