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Showing posts with the label cbi

AirAsia Subject of Corruption Probe in India

Neelam Mathews May 29, 2018 India’s Central Bureau of Investigation registered a case on Tuesday against more than ten major officials of AirAsia Group in India, Malaysia, and Singapore, who, according to authorities, collaborated with civil aviation officials to “expedite the approval process and change aviation policies to suit the company.” The officials allegedly had lobbied for speedy clearances, removal of existing rules, and changes in regulatory policies to benefit startup domestic carrier AirAsia India. The case report viewed by  AIN  characterized the actions by the airline group as a “criminal conduct.” The report also specifically named AirAsia Group CEO Tony Fernandes. Authorities on Tuesday conducted simultaneous raids at five offices of AirAsia India, which, according to a CBI statement, “led to recovery of certain documents” into which an investigation continues. The CBI said the “criminal conspiracy” amounted to an attempt to amend/remo...

Rolls-Royce Under Indian Spotlight

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A INONLINE by    NEELAM MATHEWS Hawk trainer engines are at the heart of an inquiry that is being held into Rolls-Royce dealings in India. (Photo: BAE Systems) March 6, 2014, 8:00 AM India’s Central Bureau of Investigation has launched an investigation into Rolls-Royce military deals. The investigation began just a day before the announcement of forthcoming elections and the beginning of the “model code of conduct” that disallows announcement of new projects. The probe follows a voluntary disclosure last December by Rolls-Royce to its partner Hindustan Aeronautics Ltd ( HAL ) that it had used a consultant, Singapore-based Aashmore, for sales and logistics support in its business in the energy sector. While civil and military projects generally do not overlap, the Ministry of Defense (MoD) has nevertheless put on hold the repair, overhaul and supply of Adour Mk 871 engines for the Indian Air Force and Indian Navy  BAE  Syst...

MoD SUSPENDS BEML CHAIRMAN VRS NATARAJAN

Posted by Neeelam Mathews June 11,2012 The Government has put the CMD of BEML VRS Natarajan under suspension following a recommendation by the CBI that he should be kept away from the post to ensure fair investigation.    The charge of CMD has been given to P Dwarkanath, the senior most functional Director in BEML.   The CBI is currently investigating into various charges against Natarajan.