Monday, May 29, 2023

CBI books Rolls-Royce, 2 Indian-origin businessmen in aircraft deal corruption case

By India Today News Desk: The CBI on Monday lodged a case against British aerospace company Rolls-Royce, its executives and two Indian-born businessmen for alleged corruption in a trainer aircraft procurement deal.

The case has been registered against Rolls-Royce’s director Tim Jones and businessmen Sudhir Choudhrie and Bhanu Choudhrie for allegedly attempting to “cheat the Government of India” in the procurement of 24 Hawk 115 Advance Jet Trainers.

The CBI said the case is related to the alleged corruption by unknown public servants in the procurement of the aircraft.

The central agency also said unknown public servants abused their official positions as public servants and approved and procured a total number of 24 Hawk 115 Advance Jet Trainer (AJT) aircraft for GBP 734.21 million, besides permitting licence manufacturing of 42 additional aircraft by the Hindustan Aeronautics Limited (HAL) against materials supplied by the said manufacturer for an additional amount of $308.247 million for the said 42 License Manufactured aircraft and $7.5 million towards Manufacturer’s Licence Fee, in lieu of huge bribes, commissions and kickbacks paid by the said manufacturer and its officers to intermediaries.

Sudhir Choudhrie and his son Bhanu Choudhrie are UK-based businessmen of Indian origin. The Choudhrie family founded C&C Alpha Group, a London-based firm that invests in sectors including healthcare, aviation and hospitality.

29/05/2023 India Today

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