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Embraer Deal

Delhi 

was to purchase three modified aircrafts from M/s Embraer, Brazil for installation of DRDO developed mission system to develop indigenous Airborne Early Warning & Control (AEW&C) System.

There were media reports on alleged involvement of Agents in the deal. Therefore, DRDO asked for clarification from Embraer based on the media reports. Embraer, in their reply, admitted that they have entered into an Agreement with an Agency towards the Contract and that a sum of $5.76 Million was paid to the Agency. The same has been submitted to CBI for investigation.

This information was given by Minister of State for Defence Dr. Subhash Bhamre in a written reply to Shri CM Ramesh in Rajya Sabha today.

DM/NAMPI/RAJ

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, November 29 2016. 16:20 IST
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