Embraer paid kickbacks of $5.76 mn to bag 2008 IAF deal, ED tells court

Brazilian aerospace company Embraer SA paid kickbacks to the tune of $5.76 million to bag a $210 million deal with the Indian Air Force (IAF) in 2008, the Enforcement Directorate (ED) has told a special court in Delhi.

The agency on Wednesday filed a prosecution complaint against Embraer, M/s Interdev Aviation Services Pte. Ltd., KRBL Limited and its director Anoop Kumar Gupta along with Gupta’s nephew Anurag Potdar and others before Special Judge (PMLA), Rouse Avenue Court.

The ED case is based on a 2016 CBI FIR which had booked NRI arms dealer Vipin Khanna along with Embraer and Singapore-based Interdev for alleged payment of commission in the UPA-era deal.

Read more

You may also like

Comments are closed.

More in Newspapers