Central government lifted ban on Italian company Leonardo, ban was imposed on Rs 3.6 billion Vvip helicopter scam


News Desk, Amar Ujala, New Delhi

Published by: Pranjul Srivastava
Updated Sun, Nov 7, 2021 11:05 AM M. IST

Summary

This prohibition applies to AgustaWestland. Any deal with the Italian firm was put on hold after the corruption scandal in the AgustaWestland case emerged. This also included the Black Torpedo deal, which was approved for acquisition by the Navy.

AgustaWestland helicopter (file photo)
– Photo: PTI

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The central government has decided to lift the ban on Italian firm Leonardo, which faces a ban on the Rs 3.6 billion VVIP helicopter scam. According to the ANI news agency, the central government has made this decision with certain conditions. By virtue of this, the investigation of the Central Investigation Office and the Directorate of Enforcement on the Italian company will continue. Likewise, the company must renegotiate the agreement, it will not be able to claim the previous financial settlement.

The matter is related to AgustaWestland
This prohibition applies to AgustaWestland. Following the corruption scandal in the AgustaWestland case, any dealings with the Italian firm were suspended. This also included the Black Torpedo deal, which was approved for acquisition by the Navy. According to sources, the Defense Ministry has made the decision to lift the ban after consulting with the Justice Ministry and other agencies, requested by the Intelli firm.

There was an arrest in 2019
In the case of the Rs 3.6 billion VVIP helicopter, the Directorate of Enforcement recently arrested a person named Rajiv Saxena. According to officials, Rajiv Saxena was living in Dubai, who was taken to India in 2019 and arrested.

when the ban was imposed
In 2013-14, the UPA government in India banned any dealings with the Italian firm. The matter came to light when several people were arrested by European agencies in the Rs 3,600 crore VVIP helicopter deal.

Expansion

The central government has decided to lift the ban on Italian firm Leonardo, which faces a ban on the Rs 3.6 billion VVIP helicopter scam. According to the ANI news agency, the central government has made this decision with certain conditions. By virtue of this, the investigation of the Central Investigation Office and the Directorate of Enforcement on the Italian company will continue. Likewise, the company must renegotiate the agreement, it will not be able to claim the previous financial settlement.

The matter is related to AgustaWestland

This prohibition applies to AgustaWestland. Any deal with the Italian firm was put on hold after the corruption scandal in the AgustaWestland case emerged. This also included the Black Torpedo deal, which was approved for acquisition by the Navy. According to sources, the Defense Ministry has made the decision to lift the ban after consulting with the Justice Ministry and other agencies, requested by the Intelli firm.

There was an arrest in 2019

In the case of the Rs 3.6 billion VVIP helicopter, the Directorate of Enforcement recently arrested a person named Rajiv Saxena. According to officials, Rajiv Saxena was living in Dubai, who was taken to India in 2019 and arrested.

when the ban was imposed

In 2013-14, the UPA government in India banned any dealings with the Italian firm. The matter came to light when several people were arrested by European agencies in the Rs 3,600 crore VVIP helicopter deal.


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