Budapest Post

Cum Deo pro Patria et Libertate
Budapest, Europe and world news

India Investigates British Arms and Aerospace Companies in Corruption Case

India Investigates British Arms and Aerospace Companies in Corruption Case

The Central Bureau of Investigation (CBI) of India has filed a complaint against British multinational aerospace and defense company Rolls Royce, the company's former India director Tim Jones, arms dealer Sudhir Choudhrie and his son Bhanu Choudhrie (who are UK citizens), and British Aerospace Systems (BAE Systems).
The complaint alleges that the accused colluded with government officials to approve a $906.87 million deal to purchase 24 Hawk 115 trainer aircraft in 2004. The CBI claims that the accused paid bribes to intermediaries to increase the license fee for the aircraft from $4.94 million to $9.26 million.

The deal was signed by the then-National Democratic Alliance government under Prime Minister Atal Bihari Vajpayee. The aircraft were to be delivered to India in flyaway condition and state-run Hindustan Aeronautics Limited (HAL) was to have a license to manufacture another 42 planes through a transfer of technology (ToT) pact for an additional $308.247 million.

The CBI's complaint follows up on a preliminary enquiry from December 2016, during Prime Minister Narendra Modi's first term. The deal was controversial from the start, with allegations of corruption swirling around it. The role of intermediaries has been under the spotlight in India since the Swedish Bofors gun controversy in the mid-1980s. Decades later, in 2012, the AgustaWestland helicopter deal exposed the role of a former Indian Air Force (IAF) chief, Marshal Shashindra Pal Tyagi, in a deal beset by bribery of officials instigated by the British firm.

The CBI's complaint is a significant development in the investigation into the Hawk 115 deal. If the allegations are proven, it could lead to criminal charges against the accused. The case is also a reminder of the challenges India faces in its efforts to combat corruption in defense procurement.
Newsletter

Related Articles

0:00
0:00
Close
EU Relocates Summit to Punish Hungary over Orban's Ukraine Visit
World's Hottest Day Recorded on July 21
President Biden Returns to White House After Testing COVID Negative
Thousands Protest in Mallorca Against Mass Tourism
Hacking Vulnerabilities: Androids vs. iPhones
Ukraine Crisis Should Be EU's Responsibility, Says Trump’s Envoy
Joe Biden Withdraws from 2024 US Presidential Race
A Week of Turmoil: Key Moments in US Politics
Erdogan Challenges NATO Stance at 75th Anniversary Meeting
Hungary's Orban Shakes Up EU Leadership
German National Sentenced to Death in Belarus
Elon Musk's Companies Drop CrowdStrike After Global Windows 10 Outage
Trump Pledges to End Ukraine Conflict if Reelected
Global IT Outage Unveils Digital Vulnerabilities
US Criticizes International Court's Opinion on Israeli Occupation
EU’s Patronizing Attitude Towards Africa Revealed
Ukraine to Receive First One and a Half Billion Dollars of Seized Russian Funds
Netanyahu Denounces World Court Ruling on Israeli Occupation
Massive Flight Cancellations Across the U.S. Due to Microsoft Outage
Russia Accuses Ukraine of Using Chemical Weapons
Ursula von der Leyen Wins Second Term as European Commission President
Police Officer Injured in Attack in Central Paris
Record Heat Temperatures in Ukraine Amid Power Crisis
Japan to Allocate $3.3 Billion to Ukraine Using Frozen Russian Assets
EU Parliament Condemns Hungarian PM's Russia Visit
FBI Struggles to Find Motive Behind Trump Shooting Incident
Kremlin Criticizes EU Rejection of Orban’s Ukraine Peace Proposal
Russia's Electronic Warfare Neutralizes Western Weapons in Ukraine
Trump Challenges Biden to Debate and Golf Match
Macron Accuses Israeli Minister of Election Interference
US Senator Highlights Weaknesses in Western Military Industry During Ukraine Conflict
George Clooney Urges Biden to Withdraw from Presidential Race
Political Shift in the UK: A Detailed Analysis of Labour's Victory and Future Prospects
Viktor Orbán's Peace Mission: A Diplomatic Controversy in the EU
India Advocates Peace and Prosperity: PM Modi's Speech in Austria
New UK PM Keir Starmer Reaffirms Strong Support for Ukraine at NATO Summit
Spain PM Pedro Sanchez Denounces Double Standards on Gaza at NATO Summit
Sunita Williams Safe on ISS, to Address Earth on July 10
Biden Affirms Commitment To Presidential Race
France Faces Political Turmoil and Airport Strikes Ahead of Paris Olympics 2024
Putin Hosts PM Modi for a Private Meeting
Boeing Pleads Guilty Over 737 MAX Crashes
2024 Predicted to Be World's Hottest Year
White House Denies Biden Being Treated for Parkinson's Disease
Biden to Meet New UK Prime Minister Keir Starmer
Biden Insists on Continuing Presidential Race Amid Criticism
UK Defence Minister Pledges Enhanced Support to Ukraine
French Prime Minister Gabriel Attal Resigns After Election Setback
Macron Faces New Political Challenges Despite Election Relief
France's Far-Right Falls Short in Parliamentary Elections
×