You are here: Home » PTI Stories » National » News
Business Standard

Christian Michel to be extradited to India tonight: Report

Press Trust of India  |  Dubai 

British national Christian Michel, wanted by Indian investigative agencies in the Rs 3,600 crore VVIP choppers deal case, was taken to the International Airport on Tuesday to be extradited to India, according to a report.

The last month upheld a lower court order which said that Michel could be extradited.

Michel, 54, was taken to the International Airport from where he will be extradited to later in the day, reported.

The extradition procedure happens in coordination with the and the CID.

The development comes on a day when held exhaustive discussions with her UAE counterpart in

officially made the request to the Gulf nation in 2017 for his extradition, based on the criminal investigations conducted in the case by the and the (ED).

The ED, in its chargesheet filed against Michel in June 2016, had alleged that he received ?EUR 30 million (about Rs 225 crore) from

The money was nothing but "kickbacks" paid by the firm to execute the 12 helicopter deal in favour of the firm in "guise of" genuine transactions for performing multiple work contracts in the country, according to the chargesheet.

Michel is one of the three middlemen being probed in the case, besides and Carlo Gerosa, by the ED and the Both the agencies have notified an red corner notice (RCN) against him after the court issued a non-bailable warrant against him.

The ED investigation found that remittances made by Michel through his Dubai-based firm to a firm he floated in Delhi, along with two Indians, were made from the funds which he got from through "criminal activity" and corruption being done in the deal that led to the subsequent generation of proceeds of crime.

Michel denies the charges.

On January 1, 2014, scrapped the contract with Italy-based Finmeccanica's British subsidiary AgustaWestland for supplying 12 AW-101 VVIP choppers to the IAF over alleged breach of contractual obligations and charges of paying kickbacks to the tune of Rs 423 crore by it for securing the deal.

The has alleged there was an estimated loss of Euro 398.21 million (approximately Rs 2,666 crore) to the exchequer in the deal that was signed on February 8, 2010 for the supply of VVIP choppers worth Euro 556.262 million.

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

First Published: Tue, December 04 2018. 19:20 IST
RECOMMENDED FOR YOU