HOT TOPIC:
August 27, 2014
0
Email

Facts to know about the key figures behind VVIP choppers scam

Pooja Tyagi [ Updated ]
Facts to know about the key figures behind VVIP choppers scam
FONT SIZE

Before we mention the key figures behind the VVIP choppers scam, a brief look into how the deal came about.



In 2010, a 560 million euro ($749.2 million) contract was awarded to Augusta Westland, one of Finmeccanica’s  subsidiary to supply VVIP choppers.

The new choppers were being procured to replace the ageing Russian-made Mi-8 choppers. The first choppers were due to be delivered by December 2012 . India has already received three such choppers.

An Italian daily  ‘La Repubblica‘, reported that the deal was not fair , the Indian government officials changed  terms and conditions of the deal in favour of the Italian company in exchange of kickbacks. Slush funds were generated  and the money was allegedly used by a top Finmeccanica official to bribe Italian political parties.


India Tv Mobile Wesbite
TODAY'S BEST VIDEO
Love Jihad: National shooter Tara Sahdev's h..

The husband of national champion shooter Tara Sahdev...

LIVE: Results of By Polls in 4 States with Rajat ..

The counting of votes for by-elections to 18 Assembly...

INDIAtv Poll
ALSO READ
X
CBI custody of Saradha accused businessman extended
Kolkata: A city court today extended the CBI custody of city-based businessman...
Read More >>