PAC to examine CAG report on AgustaWestland chopper deal

Image
Press Trust of India New Delhi
Last Updated : May 23 2017 | 7:28 PM IST
The Public Accounts Committee (PAC), a body of Parliamentarians, will examine a report of the Comptroller and Auditor General (CAG) on the controversial Rs 3500-crore AgustaWestland-VVIP chopper deal, mired in allegations of kickbacks paid to Indian officials.
The PAC's sub-committee on Defence, headed by Congress leader Shantaram Naik, will examine the CAG report on the chopper deal, signed in 2013 when the Congress-led United Progressive Alliance (UPA) was in power at the Centre.
The Central Bureau of Investigation (CBI) is already investigating the allegations of kickbacks. Former Indian Air Force Chief SP Tyagi has also been arrested in this matter.
India had signed a contract to purchase 12 AgustaWestland helicopters to be used by top dignitaries such as the president and the prime minister.
The allegations on kickbacks paid to officials and politicians in India came up after the arrest of the CEO of Finmeccanica, AgustaWestland's parent company, by Italian authorities. Following an outcry, the UPA government cancelled the deal.
The sub-committee headed by Naik, which will meet later this month, has two members from the Bharatiya Janata Party - Nishikant Dubey and Riti Pathak. One member, Neiphiu Rio, belongs to the NDA ally Naga People's Front, and two others -- B Mahtab and Sudip Bandyopadhyay -- are from the Biju Janata Dal and the Trinamool Congress respectively.
The CAG reports on the improper management of Defence land, procurement of trainer aircraft, procurement of Air Combat Manoeuvring Instrumentation system, unfruitful investment in procurement of Torpedo will also be examined by the PAC, headed headed by Mallikarjun Kharge, leader of the Congress in Lok Sabha.
Various other sub-committees will examine other CAG reports -- including on the acquisition and development of land by the Delhi Development Association, the Mahatma Gandhi National Rural Employment Guarantee Scheme, arrears of tax and performance of special economic zones(SEZs).
The PAC will also examine a CAG report on a hydrocarbon production contract, in which the government auditor had red- flagged excessive costs recovered by the Reliance Industries Ltd.

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: May 23 2017 | 7:28 PM IST

Next Story