Agusta case: Slush funds came through Tunisia, Mauritius | india | Hindustan Times
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Agusta case: Slush funds came through Tunisia, Mauritius

Enforcement Directorate (ED), which is conducting probe into the money-laundering aspect of the `3,600 crore VVIP AgustaWestland deal, has found that around 18 million euros were brought into India via firms based in Tunisia and Mauritius for alleged payment of illegal gratification to swing the deal, says its charge sheet.

india Updated: Dec 07, 2014 01:26 IST
Abhishek Sharan
VVIP AgustaWestland deal
A-photo-of-AgustaWestland-AW101-chopper-configured-to-meet-diverse-roles-for-pre-dominantly-Maritime-and-Utility-tasks-Photo-agustawestland-com

Enforcement Directorate (ED), which is conducting probe into the money-laundering aspect of the Rs 3,600 crore VVIP AgustaWestland deal, has found that around 18 million euros were brought into India via firms based in Tunisia and Mauritius for alleged payment of illegal gratification to swing the deal, says its charge sheet.

The charge sheet did not, however, name the AgustaWestland (AW) firm as an accused. When contacted by HT, an AW spokesperson declined to comment.

The charge sheet was filed against an Indian businessman and others, including two foreigners, for their alleged role in clinching the Indian contract on the supply of 12 VVIP choppers under provisions of the prevention of money laundering act.

It was revealed that IDS Tunisia had allegedly raised bills for engineering contracts amounting to Euro 24.27 million on AgustaWestland.

Two Indian firms, which carried out the outsourced engineering contracts, however, were only paid “Euro 1.88 million and 3.8 million respectively for the same work,” said the charge sheet.

IDS Tunisia allegedly inflated the invoices and the money was brought to India through firms based in Mauritius.