Chopper scam: Tyagi admits financial interest in three firms, says CBI | india | Hindustan Times
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Chopper scam: Tyagi admits financial interest in three firms, says CBI

The intelligence agency also said the former IAF chief and his wife are the owners of the three companies in addition to a fourth company- Meghanshu - and added that all the four companies are based in Noida.

india Updated: May 03, 2016 20:53 IST
The Central Bureau of Investigation, which is grilling former IAF chief S.P. Tyagi in connection with the AgustaWestland case, said on Tuesday that he admitted to having financial interests in three companies-Banshi, Anuras and Shavan - involved in the controversial  chopper deal.
The Central Bureau of Investigation, which is grilling former IAF chief S.P. Tyagi in connection with the AgustaWestland case, said on Tuesday that he admitted to having financial interests in three companies-Banshi, Anuras and Shavan - involved in the controversial chopper deal.(PTI Photo)

The Central Bureau of Investigation, which is grilling former IAF chief S.P. Tyagi in connection with the AgustaWestland case, said on Tuesday that he admitted to having financial interests in three companies-Banshi, Anuras and Shavan - involved in the controversial Rs. 3,600 crore chopper deal.

The agency further stated that Tyagi has accepted that he met COO of Finmeccanica Zapa in 2005 in India.

The intelligence agency also said the former IAF chief and his wife are the owners of the three companies in addition to a fourth company- Meghanshu - and added that all the four companies are based in Noida.

Read:|AgustaWestland deal: ED summons former IAF chief SP Tyagi on May 5

Read:|Chopper scam: Tyagi’s two visits to Italy after retirement under scanner

According to CBI sources, the agency is looking into Tyagi’s international trips especially after his retirement.

The CBI has called Tyagi for questioning again on Wednesday.

The investigating agency has alleged that the reduction of the service ceiling, maximum height at which a helicopter can perform normally, allowed the UK-based firm to get into the fray as otherwise its helicopters were not even qualified for submission of bids.

Read:|CBI questions Tyagi: Here is how IAF ex-chief showed up on its radar

Read:|Chopper scam: 5 questions over IAF ex-chief Tyagi’s alleged involvement

Tyagi has so far denied the allegations levelled against him and claimed that the decision to reduce the ceiling was taken by a group of senior officials.

The former IAF chief has also been summoned by the Enforcement Directorate (ED) in connection with this case.

The Enforcement Directorate is likely to summon the former IAF chief’s cousins for questioning on May 6.