Investigators go easy on US-indicted middleman

Indian investigating and enforcement agencies have not cracked down on a politically connected middleman even after the US counterparts  provided them with details of his ‘frozen’ unaccounted  deposit of around $400 million in several Swiss Bank accounts. The middleman, Sanjay Pasari, operating mainly in the coal and mining sector, was implicated by the US Justice Department and Securities & Exchange Commission in late 2010 in a probe related to bribing of Indian officials, while acting as an agent of multinational mining giant Bucyrus, which has now merged with  Caterpillar.

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