Christian Michel, the alleged middleman in the Agusta-Westland VVIP helicopter case, is said to have made monthly payments of 19,600 euro for a “special project” related to the Light Utility Helicopter (LUH) of Hindustan Aeronautics Ltd (HAL), and dispensed funds to a “retired group captain,” a contract expert in India. This has been revealed in an audit of Michel’s two companies, putting the spotlight on money spent by him in India and worldwide for the purchase and maintenance of propertiesapart. It also lists money he spent on his companions. This report also mentions that he apparently loaned money to the son of a friend“an influential member of the Indian press” to move to Canada.
ET has seen the audit report by Giorgio Casana that was submitted last week by Michel’s defence lawyers in the special CBI court. Michel is currently in custody in India after being extradited from the United Arab Emirates. The report details alleged payments made by Michel through his companies from October 2009 to March 2012 that with explanations by his business manager David Syms.
These include payments of over 7,000 euros “related” to Pawan Hans WG-30 helicopters. A few hundred euros were spent on an “attache in India for London” specific to the Agusta Westland business. The audit report has the name of the attache’s company. It also details 34,522 euros spent by Michel at the Playboy club in London. It lists money spent on “settlement with Romanian ex-girlfriend” and building a house in Brazil for another woman friend. Syms said money was also spent on “wife support” related to a home in Pasadena and getting her cleared in a case of “fraud.”
24/12/18 Raghav Ohri/Economic Times
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ET has seen the audit report by Giorgio Casana that was submitted last week by Michel’s defence lawyers in the special CBI court. Michel is currently in custody in India after being extradited from the United Arab Emirates. The report details alleged payments made by Michel through his companies from October 2009 to March 2012 that with explanations by his business manager David Syms.
These include payments of over 7,000 euros “related” to Pawan Hans WG-30 helicopters. A few hundred euros were spent on an “attache in India for London” specific to the Agusta Westland business. The audit report has the name of the attache’s company. It also details 34,522 euros spent by Michel at the Playboy club in London. It lists money spent on “settlement with Romanian ex-girlfriend” and building a house in Brazil for another woman friend. Syms said money was also spent on “wife support” related to a home in Pasadena and getting her cleared in a case of “fraud.”
24/12/18 Raghav Ohri/Economic Times
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