Chopper deal: Court extends Khaitan's custody till Nov 14


New Delhi, Nov 3 (IANS): A court here Monday extended till Nov 14 the judicial custody of businessman Gautam Khaitan, arrested in a money laundering case related to the AgustaWestland VIP chopper deal.

Special judge V.K. Gupta sent Khaitan to 11 days' judicial custody after he was presented in court on expiry of his earlier remand.

Khaitan, who was on the board of the Chandigarh-based company Aeromatrix, was arrested by the Enforcement Directorate a day after the agency conducted a search of his premises Sep 22.

The supply of 12 VVIP helicopters from British firm AgustaWestland came under scrutiny after Italian authorities alleged that the company paid a bribe to clinch the deal with India, inked in February 2010.

India Jan 1 terminated the Rs.3,600 crore (about $770 million) deal with AgustaWestland for the purchase of the choppers following allegations of kickbacks having been paid to fix the deal.

India had paid around 45 percent of the total contract value for the choppers meant to ferry the president, the prime minister and other VIPs.

The Enforcement Directorate registered a case in this deal in July 2013 under the Prevention of Money Laundering Act and booked former Indian Air Force chief S.P. Tyagi, foreign nationals Carlo Gerosa, Christian Michel and Guido Haschke in its criminal complaint.

Companies like AgustaWestland, its parent company Italy-based Finmeccanica, Chandigarh-based IDS Infotech and Aeromatrix as well as two companies based in Mauritius and Tunisia, and a few other firms and unidentified people were also named.

The Enforcement Directorate named 21 entities in the case.

The Central Bureau of Investigation lodged a separate case in March 2013 against Tyagi and others in connection with the kickback allegations.

  

Top Stories


Leave a Comment

Title: Chopper deal: Court extends Khaitan's custody till Nov 14



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.