HOME > BUSINESS > Govt repudiates AK Antony’s claim on Agusta Westland

Govt repudiates AK Antony’s claim on Agusta Westland

parrikarThe government has replied to some of the criticisms about its handling of Agusta Westland probe, and said that the inquiry is taking time because the key accused are outside the country.

The defence ministry also rejected AK Antony’s statement that it was the Congress government that blacklisted the companies involved in this alleged scandal and that the Modi government has removed the restrictions put by the previous government.

The Indian government had, in early 2014, terminated a 2010 contract with Agusta Westland for the supply of 12 helicopters, alleging the breach of the provisions of an integrity pact.

Antony had said that the companies involved were blacklisted in 2014, something that the Defence ministry today denied.

“The company was not debarred by the said order. Various bonds and bank guarantees were invoked,” it said.

“It is the present Government which through its order dated 03 July 2014, put on hold all procurement and acquisition cases in the pipeline of six companies figuring in the FIR registered by the CBI, namely: Agusta Westland International Ltd., UK, Finmeccanica, Italy and its group of companies, including subsidiaries and affiliates, IDS, Tunisia, Infotech Design System, Mauritius, IDS Infotech Ltd, Mohali and Aeromatrix Info Solution, Chandigarh. No new capital procurement has been made thereafter from these companies in the tenure of the present Government,” it added.

The rest of the statement by the government is as follows:

“A mention has been made regarding clearance of a joint venture involving Agusta Westland by the Foreign Investment Promotion Board. This proposal was approved on 2nd September 2011 based on an application by Indian Rotorcraft Ltd, a joint venture of Tata Sons with Agusta Westland NV, Netherlands. This was later changed to Agusta Westland S.p.A, Italy due to re-organisation within the group. On 07 February 2012, an industrial licence for the manufacture of helicopters was granted by the Department of Industrial Policy and Promotion to Indian Rotorcraft Ltd. However, the validity of the licence has since expired.

On the core issue of corruption, the two concerned agencies, namely CBI and Enforcement Directorate are vigorously pursuing all aspects of the investigation, including the arrests and or extradition of three foreign nationals, namely, Carlo Gerosa, Guido Haschke Ralph and Christian Michel James. Red Corner Notices were issued in December 2015 and January 2016 through Interpol under Prevention of Money Laundering Act and Prevention of Corruption Act. Extradition request has also been made for Mr. Christian Michel James. One of the agencies (Enforcement Directorate) has arrested an Indian national and attached approximately Rs. 11 crore of property belonging to Indian nationals and to Mr. Christian Michel James.”

Follow ULTRA.news
Demonetization hits real estate builder prices, but not resale flats – report Demonetization of 500- and 1000-rupee notes hurt the real estate sector in North India, while its impact on the sector in South India was negligible, according to Magicbricks’ PropIndex for Jan-March 2017.The report, brought out by the eponymous real estate classifieds site, ...
L&T wins largest ever private sector defence order, to supply K9 VAJRA-T guns Engineering conglomerate Larsen & Toubro entered into a contract with the Ministry of Defence, Government of India to supply of 100 units of 155mm, 52 calibre Tracked Self-Propelled Gun systems to the Indian Army.The contract valued at about ₹ 4500 crore, is the largest o...
Kapil Mishra to file FIR against Arvind Kejriwal Estranged Aam Aadmi Party leader Kapil Mishra said he will file a police complaint against Arvind Kejriwal today.The rebel AAP leader has accused the party supremo of taking bribes and acting like a dictator within the party."It is with a heavy heart that I am doing this,...
Supreme Court dismisses Center’s reasons for not appointing Lokpal The Supreme Court has dismissed the government of India's stand that it cannot appoint the Lokpal as there was no leader of the opposition.The court's decision came on a bunch of petitions seeking the appointment of a Lokpal is likely to lead to the first ever appointment...
Mayank Gandhi delivers scathing message to Arvind Kejriwal From the video message of Mayank GandhiFormer compatriot and head of Aam Aadmi Party Maharashtra, Mayank Gandhi has assailed Arvind Kejriwal in an acerbic letter that traces the AAP leader's rise and fall over the last five years.Gandhi, who left the organization after fou...
Glaucus questions stock price of Hong Kong-listed Fullshare Holdings Ltd Glaucus Research Group, a California-based short seller, said it was selling Hong Kong-listed developer Fullshare Holdings due to peculiar trading patterns seen in the stock's counter."Fullshare is supposedly a commercial and residential property developer, but this business ...
There’s no Lokpal because there’s no opposition leader, says govt Lokpal act was passed after massive demonstrations in 2013The Prime Minister's office today said the government has not appointed a Lokpal at the center yet as there is no leader of the opposition in the Lok Sabha.According to the Lokpal and Lokayuktas Act passed in 2013...
Nearly a quarter of all food samples tested found fake or adulterated Food Adulteration and Testing in India, FY16Over one-fifth of all food samples tested in India's government labs in the last year were found to be fake or adulterated, according to numbers compiled from various state government food testing facilities by union government's d...
No exemption to Tamil Nadu on NEET: Health Minister Health Minister Faggan Singh Kulaste at an event in DelhiExemptions to the National Eligibility cum Entrance Test cannot be given to any place or zones inside India as a common entrance test is required under the law, Faggan Singh Kulaste, junior minister in charge of health...
PNB, Corp Bank most aggressive in going after big debtors; SBI, BoB more relaxed Punjab National Bank, the third largest public sector bank in India, and smaller cousin Corporation Bank can teach bigger siblings like State Bank of India and Bank of Baroda a thing or two about going after big loan defaulters, an analysis of Reserve Bank of India data shows. ...
Jammu & Kashmir saw big jump in terrorist infiltration in 2016 The number of militants who have successfully crossed over into Kashmir via the Indo-Pak border is estimated to have risen almost four fold in 2016, according to data released by the home ministry today.Against 33 estimated successful infiltration in 2015,119 militants ar...
India stockpiles crude oil worth Rs 4,258 cr as strategic reserve Undated government photo of construction work at one of the tanksIndia has filled a little over one-third of its phase 1 'strategic oil reserve' at a cost of Rs 4,258 cr, about $640 mln.The country is in the process of building five underground reserve facilities for cru...
Narada sting operation probe handed over to CBI The Calcutta High Court has handed over the investigation into the sting operation conducted by 'Narada News' to the Central Bureau of Investigation.The agency has been told to complete a preliminary investigation within 72 hours.The move follows complaints that the state...
NDA-ruled states lead in digitization of public distribution systems States ruled by the National Democratic Alliance have taken the lead in implementing digital ration shops with the introduction of electronic point of sale machines, while non-NDA states have lagged behind in introducing this crucial anti-pilferage measure, data obtained from the...
Anti-corruption activists to conduct ‘Ghotala Yatra’ in Delhi on Thursday An umbrella group of anti-corruption groups will conduct a 'Ghotala Yatra' or 'Scam Procession' at Delhi's Mandi House area tomorrow.The rally, with the cry 'freedom from corruption' will start at 11 AM and be followed by a sitting protest at Jantar Mantar -- the traditional ...
Most UP MLAs saw big increases in wealth in 5 yrs, but some lost big The average Uttar Pradesh MLA saw their wealth increase by 82% in the five years during their tenure in the state assembly from 2012 to 2017, an analysis of their wealth submissions by Association for Democratic Reforms found.The analysis was based on the filings made by 31...
Supreme Court to consider banning charge-sheeted candidates from polls The Supreme Court has today agreed to hear a petition that seeks to ban anyone who has been charge-sheeted in a criminal case from contesting elections in India.BJP leader Ashwini Upadhyay, who is among one of the most prolific filers of public interest litigation in Indi...
Mining baron Sekhar Reddy arrested after Income Tax raids Sand miner Shekar Reddy has been arrested, two weeks after the seizure of crores of rupees and gold in an income tax raid. The arrest has come hours after Income Tax officials conducted a raid on Tamil Nadu's top bureaucrat chief secretary P Rama Mohana Rao at his home.It was...
Demonetizaton: Govt places limits on last minute deposits The Reserve Bank of India said that any person who continues to hold old notes of 500 and 1000 rupees in bulk will get only one more chance to deposit them into bank accounts and will also have to provide an explanation for the delayed deposit."Tenders of SBNs in excess of ₹ ...
UPA-era procurement delays kept us back – BSNL CMD BSNL Chairman and Managing Director Anupam Shrivastava blamed delays in procuring key equipment for the present backward condition of the state-owned telecom operator.The company, which was once profitable and dominated India's telecom sector, has run up huge losses in the la...
BSNL JE 2016 recruitment frozen after complaints to DoT – CMD Shrivastava BSNL Chairman and Managing Director Anupam Shrivastava said the recruitment of Junior Engineers (JEs) into the telecom company has been frozen by the Department of Telecom on the basis of complaints."It is being held up by the Department of Telecom... due to complaints," Shri...
Petrol Pumps, Airlines Will Not Take Old Notes From Saturday | DEMONETIZATION Old notes will no longer be accepted at petrol pumps and airline ticket counters starting from Saturday, according to sources.So far, petrol pumps and airlines had been given an exemption from demonetization of 500 and 1000 rupee notes.However, in an effort to control...
BJP asks all MPs, MLAs to submit bank statement to party As part of the ongoing crackdown on tax evasion and illicit funds, the Bharatiya Janata Party has asked all its MPs and MLAs to submit the full details of their banking transactions from Nov 8 onwards.The central leadership of the party will examine the bank statements of the...
DEMONETIZATION: How some earned lakhs standing in queues The government has banned over-the-counter exchange of old 500- and 1000-rupee notes due to suspected gaming of the system by those with black money. According to banking industry sources, the over-the-counter exchange system was being massively misused by hawala operators and ot...
Fitch says demonetization gains may not last Fitch Ratings said the positive effects are unlikely to be strong and sufficiently enduring "to support credit profiles" and will impact GDP growth in the current quarter.Though the gains will be substantial in the short-term, they may not last as people may still go back...