Business Standard

CBI to confront Michel with documents, statements of his associate Nanda

IANS  |  New Delhi 

The is all set to examine British National and middleman Chritian in the Rs 3,600-crore VVIP chopper deal case in the light of documents and statements of his Delhi-based associate R.K. Nanda, sources said on Friday.

A senior told IANS that the agency will confront with the statement and documents of his close associate Nanda and Nanda's Mumbai-based partner

The said that was instrumental in the formation of a shell company in 2005 by Nanda, namely Media Exim Pvt Ltd, with Balasubramanian as another

He alleged that Nanda's company was a dummy one and used for Michel to park illegal money and nominally to export jewellery and music CDs to from

The also said that as per Nanda's statement in 2015 to the agency, he received Rs 6.5 crore from Michel's Dubai-based company FZE between 2005 and 2007.

The official said that Nanda, who also ran a business based in Connaught Place here, had received the said amount from Michel's in and into the account of Media Exim.

He said the company was set up in 2005 ostensibly to export jewellery and music CDs, but no export took place and later on, as directed by Michel, some properties were purchased in the name of Media Exim.

The official also said that according to the statement of Nanda, Balasubramanian came in contact with him through Michel.

The official said that earlier, Balasubramanian in his statement to the agency disclosed that he had met Michel through one Seturaman of in in 2005.

He said that Michel and Nanda invested in in and bought three properties, including a farmhouse in Chhattarpur, in the name of Media Exim.

However, Michel, with the help of Nanda, sold two of the three properties in 2011-12. "The money was transferred to Michel's Dubai-based firm by Nanda," the official said.

The official further pointed out that during the investigation, it was noticed that Nanda allegedly received nearly Rs 19 crore from Michel. Even Nanda's company, Supreme Airways, used to buy air tickets for Michel's travels and his other contacts, for which a payment of Rs 12 crore was made.

Besides Nanda, the official said that the driver of Michel, Narayan Bahadur, who drove him around the power centres of the national capital, would also be confronted in the coming days as he in his statement to the agency in 2015 had said that he was once asked to pick up three English friends from to a Bungalow at Sainik Farms in Delhi, where a function was going on.

In his statement, Bahadur also mentioned that one Indian came out to receive those three friends of Michel in 2008. When Bahadur was asked to choose the Indian from several photos, he picked the photograph of

Michel is currently being questioned by CBI, which obtained a five-day remand on Wednesday after he was extradited to from late on Tuesday night. He will be produced before a special court on December 10.

The CBI on Thursday said that it has received a request for consular access to Michel from the through the The request is under process.

Michel has been accused of bribing many politicians, officials and journalists to swing the deal and is being probed by the CBI and the (ED).

In 2014, scrapped the contract with Italian company Finmeccanica's British subsidiary for supplying choppers to the over alleged breach of contractual obligations and charges of paying kickbacks for securing the deal. The revelations had been made during a judicial trial against the company in

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First Published: Fri, December 07 2018. 20:04 IST