ED seeks production warrant of corporate lobbyist Deepak Talwar in fresh case

Image
ANI General News
Last Updated : Mar 15 2019 | 5:55 AM IST

The Enforcement Directorate on Thursday approached Delhi's Patiala House Court seeking production warrant of corporate lobbyist Deepak Talwar in connection with the purchase of 43 aircraft by Indian Airlines in 2005.

Talwar, who was extradited to India from Dubai along with the businessman Rajeev Saxena on January 30, is currently in judicial custody in a money laundering case.

The investigative agency, which suspects his involvement in irregular seat-sharing on Air India's profitable routes with some prominent international airlines, has urged the court to issue a production warrant against Talwar as custodial interrogation is a must to reach a logical conclusion.

The court is scheduled to hear the matter on Friday.

Delhi's Patiala House Court on February 14 sent Talwar to 14-day long judicial custody in connection with allegedly violating the Foreign Contribution Regulation Act (FCRA).

During the hearing, the ED had alleged that Talwar was involved in cases related to corporate lobbying. He was extradited to India in cases involving alleged routing and misuse of Rs 90 crore.

Talwar is the main accused who allegedly facilitated dispersal of profit making routes of Air India to private airlines using his contacts.

In February 2010, the then UPA government under the leadership of Prime Minister Manmohan Singh had inked a contract to buy 12 AgustaWestland AW101 helicopters for the Indian Air Force (IAF) for Rs 3,600-crore to carry the country's VVIPs like prime minister and president.

However, the entire process to procure VVIP choppers got mired in controversy in February 2013 when the government put the decision on hold following the news that AgustaWestland had allegedly bribed middlemen to secure the deal with the IAF.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 15 2019 | 5:38 AM IST

Next Story