• search
For Quick Alerts
For Daily Alerts

India scraps tainted AgustaWestland VVIP chopper deal


AgustaWestland VVIP Chopper
New Delhi, Jan 1: As the Lok Sabha election is knocking on the door, Manmohan Singh government led by Congress seems to have played one of its trump cards. India has cancelled the Rs 3,600 crore VVIP chopper deal with British manufacturer AgustaWestland.

The infamous VVIP chopper deal has been under scanner as it has been reported that it was riddled with kickbacks. India's latest move of cancelling the deal may turn into a legal tangle for the government as three of the 12 helicopters have already been delivered to India and part of the payment has been made.

Three of the 12 helicopters have already been delivered to India

In Feb 2013, India froze the deal with Agusta, which is owned by Italian defence manufacturer Finmeccanica. AgustaWestland has denied any wrongdoing; top executives of Finmeccanica are being investigated for paying bribes at home and abroad.

The Italian inquiry forced India to investigate the deal that was signed in 2010. As part of its probe, the Central Bureau of Investigation has alleged that former Air Force Chief SP Tyagi was among those who accepted bribes from Finmeccanica which used a maze of companies in counties like Mauritius to route payments to officers.

Air Chief Marshall Tyagi has rejected the allegations against him.

OneIndia News

(With agency inputs)

For Daily Alerts
Get Instant News Updates
Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Oneindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Oneindia website. However, you can change your cookie settings at any time. Learn more