India's top federal probe agency has found no evidence to show that Unitech Wireless Ltd. bribed then-telecom minister Andimuthu Raja to receive mobile phone licenses in 2008, a Delhi court has been told, the Press Trust of India news agency reported late Monday.

"We are conscious of the fact that, so far as Unitech [Wireless] is concerned, we have found nothing to show any money trail against them. There is no quid pro quo as far as money exchanging hands is concerned in relation to Unitech [Wireless]," the report cited Central Bureau of Investigation counsel U.U. Lalit as saying in court.

The Central Bureau of Investigation is scrutinizing the alleged rigging of the granting of radio bandwidth and telecom licenses in 2008, which has ballooned into India's biggest-ever corruption scandal, dubbed the 2G scam.

It is alleged that Raja and his ministry favored some companies and caused the government a potential revenue loss of INR300 billion ($6.77 billion). The government's top auditor had earlier estimated the loss to be $40 billion.

The probe agency had named Unitech Wireless Ltd. as one of those which benefited from the rigging, and then arrested then chairman Sanjay Chandra. He has denied any wrongdoing.

CBI counsel Lalit spoke while completing his arguments before special CBI judge O.P. Saini on the framing of charges against 17 high-profile accused in the case, which also includes Unitech Wireless Tamil Nadu Ltd., a unit of Unitech Wireless Ltd., the report said.

The probe agency's counsel opposed the plea of Unitech Wireless Tamil Nadu Pvt. Ltd that it cannot be prosecuted for the alleged offences of erstwhile eight group companies which got the licenses, the report said.

Unitech Wireless is a joint venture between Indian real estate developer Unitech Ltd. (507878.BY) and Norway's Telenor ASA (TEL.OS)

News agency website: http://www.ptinews.com

--By New Delhi Bureau, Dow Jones Newswires; 91 11 4356 3300; djn.in@dowjones.com