AgustaWestland: ED slaps laundering case against ex-IAF chief
July 04, 2014  21:16
The Enforcement Directorate today slapped a money laundering case against former Indian Air Force chief S P Tyagi and 20 others in the Rs 3,600-crore AgustaWestland VVIP chopper deal to probe alleged kickbacks of Rs.360 crore.   

The agency, which earlier registered a case under foreign exchange laws in this deal, decided to lodge a criminal case to trace the bribe money involving middlemen and other people named by the CBI in its FIR filed in March 2013.  

Taking cognisance of the more-than-a-year-old CBI complaint, the agency has booked Tyagi, his family members, European nationals Carlo Gerosa, Christian Michel and Guido Haschke, four companies -- Italy-based Finmeccanica, UK-based AgustaWestland and Chandigarh-based IDS Infotech and Aeromatrix, two companies based in Mauritius and Tunisia, few other firms and unknown persons in its criminal complaint filed under the provisions of the Prevention of Money Laundering Act.
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