Business Standard

Ex-IAF chief S.P. Tyagi gets bail in AgustaWestland case

IANS  |  New Delhi 

Former IAF Marshal S.P. and others were granted by a court here on Wednesday in a case related to the Rs 3,600-crore VVIP chopper deal.

asked and others, who appeared before him, to furnish a personal bond of Rs one lakh and surety bond of like amount each.

The (ED) filed a supplementary charge sheet in the chopper deal case against 34 individuals and foreign and Indian companies, including Tyagi, his two cousins, and Italians and

Former Bruno Spagnolini, and Giuseppe Orsi, former of Italian defence and Finmeccanica, and others were also chargesheeted in the case.

The charge sheet, which mentions of around 28 million euros, named Orsi, Bruno, Tyagi's cousins Sanjeev and along with Rajeev Saxena, of Dubai-based firm Matrix Holdings, his wife and Khaitan's wife

Among the Indian and foreign companies named are Aeromatrix Info Solution Ltd, Windsor Group Holdings, Ismax International Ltd, Cricklewood Ltd, Long Lasting Ltd, Matrix Holding Pvt Ltd, UHY Saxena, Ltd, Mediterranean Consulting, Tunisia Infotech Design Systems, Gordian Services, and

The ED said kickbacks were paid by AgustaWestland through two different channels -- one handled by middleman and the other by Gerosa and Haschke.

The (CBI) too has filed a charge sheet in the case.

On January 1, 2014, cancelled a contract with Finmeccanica's British subsidiary AgustaWestland for supplying 12 AW-101 VVIP choppers to the IAF, over alleged breach of contractual obligations and on charges of paying kickbacks totalling Rs 423 crore.

The CBI alleged that the then chief took bribes of several crores from AgustaWestland through the middlemen -- and a complex set of companies in several countries -- to change specifications of the contract.

--IANS

akk-and/in/vm

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

First Published: Wed, September 12 2018. 12:26 IST
RECOMMENDED FOR YOU
RECOMMENDED FOR YOU