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

ED seeks court nod to arrest Talwar in case related to purchase of 43 aircraft from Airbus Industrie

Press Trust of India  |  New Delhi 

The Thursday moved a seeking orders to arrest Deepak in a fresh case related to the purchase of 43 aircraft by erstwhile from France's Industrie in 2005.

The agency moved the plea before

is currently in judicial custody in a separate case related to negotiations to favour foreign private airlines causing the loss to national carrier Air

In the present case, special public prosecutors D P and told the court that Talwar's custody was required to unearth the entire criminal conspiracy related to the money laundering in relation to the purchase.

The court will hear the matter Friday.

According to the ED, the case was filed against officials and other unknown persons, "alleging that the officials, by abusing their official position as public servants in conspiracy with Industrie and caused undue pecuniary advantage to Industrie and caused corresponding undue loss to the government exchequer in carrying out the purchase of 43 aircraft by from Airbus Industrie, "

"The cabinet committee on group of ministers had approved the purchase of 43 Airbus Aircraft in 2006 and the purchase price per aircraft was fixed with the condition that Airbus will establish training and worth USD 175 million (around Rs 1000 crore).

"However, purchase order was placed for supply of 43 aircraft by fraudulently deleting the said condition. Deletion of those conditions for establishing MRO and training centre has resulted in undue benefit of Rs 1000 crore to Airbus which should have been reduced from agreed purchase price of aircraft fixed by the government of India," the ED said.

It told the court that the conduct of was non-cooperative towards the investigation and he would not appear before investigating authority in the present probe unless he is compelled by law to do so.

In the first case, the ED alleged that Talwar acted as a middleman in negotiations to favour foreign private airlines causing the loss to national carrier Air

It told the court that it was trying to find out the names of officials of the Ministry of Civil Aviation, Ltd and Air India, who favoured foreign airlines, including Qatar Airways, and Air Arabia, by making national carrier, gave up profit making routes and profit making timings.

"It has been alleged that officials of Ministry of Civil Aviation, NACIL, Air India, by abusing their official positions as public servants and receiving illegal gratification, in conspiracy with other public servants, private domestic and foreign airlines, made the national carrier gave up profit making routes and profit making timings of Air India in favour of national and international domestic and foreign private airlines.

"This resulted in a huge loss of market share to the national carrier and also led to pecuniary benefits to private domestic and foreign airlines," the ED had told the court.

Talwar was picked up by authorities in January in connection with the Rs 3,600 crore VVIP choppers money laundering case and deported to India.

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

First Published: Thu, March 14 2019. 20:40 IST
RECOMMENDED FOR YOU