BusinessCase on Rolls-Royce and its executives

Case on Rolls-Royce and its executives

New Delhi, May 29 (Agency)

The CBI has registered an FIR against British aerospace and defense company Rolls-Royce Plc, senior officials of its Indian unit and arms dealers on charges of corruption in the procurement of Hawk-115 state-of-the-art jet trainer aircraft for the Indian Air Force and Navy. According to the FIR, the CBI, after six years of investigation in the matter, booked Tim Jones, director of Rolls-Royce India, alleged arms supplier Sudhir, under IPC sections 120-B (criminal conspiracy), 420 (cheating) and provisions of the Prevention of Corruption Act. Chowdhary, his son Bhanu Chowdhary and British Aerospace Systems. There is no response from Rolls-Royce yet.

Officials pointed out that in 2017 a British court had also cited the alleged involvement of middlemen and payment of commission by the company. It is alleged that the accused persons involved in the conspiracy abused their official position in connivance with unknown public servants for procurement of 24 aircraft at a cost of British Pound 734.2 million during 2003-12.

Daily Global Timeshttps://dailyglobaltimes.com
Daily Global Times provides the latest news from India and around the world. Read the latest headlines and news stories, from Politics, Entertainment, Tech and more.

Related Article

Editors Picks