CBI lodges cases to probe Indian Airlines-Air India merger, purchase of planes by AI | Latest News India - Hindustan Times
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CBI lodges cases to probe Indian Airlines-Air India merger, purchase of planes by AI

Press Trust of India, New Delhi | ByPress Trust of India
May 29, 2017 07:44 PM IST

Three FIRs were lodged to probe alleged irregularities in the purchase of 111 aircraft, leasing of planes while acquisition process was still on, and giving up of lucrative airline routes by Air India.

The Central Bureau of Investigation (CBI) on Monday registered three FIRs and a preliminary enquiry to probe alleged irregularities in Indian Airlines-Air India merger and purchase of 111 aircraft, leasing of planes and, giving up of profit-making routes by Air India.

The FIRs relate to the purchase of 50 Boeing aircraft for the erstwhile Air India among other cases.(File Photo)
The FIRs relate to the purchase of 50 Boeing aircraft for the erstwhile Air India among other cases.(File Photo)

The CBI spokesperson R K Gaur said the FIRs have been registered for offences of criminal conspiracy and corruption against unidentified officials of the civil aviation ministry and Air India.

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The cases relate to decisions taken by the ministry during the tenure of the UPA causing a loss of “tens of thousands of crore” of rupees to the exchequer, he said.

A preliminary inquiry was registered to probe the merger of Indian Airlines and Air India that also led to a loss of “tens of thousands of crore” of rupees, Gaur said.

A set of three FIRs has been lodged to probe alleged irregularities in the purchase of 111 aircraft, leasing of planes while acquisition process was still on, and giving up of profitable routes in favour of national and international airlines by Air India, the spokesperson said.

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