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10-05-2016, 05:00 PM
An honorable member of the Coffee Shop Has Just Posted the Following:
AgustaWestland chopper deal: To expedite probe, ED to send team to Singapore
The agency will send its team within a month’s time after completing formalities.
With replies to letters rogatory sent to 10 countries in connection with the VVIP chopper deal yet to come, Enforcement Directorate (ED) is now sending a team of officers to Singapore to expedite the investigations.
The agency will send its team within a month’s time after completing formalities. “We had sent an LR to Singapore. It hasn’t been answered yet. We had also asked Singapore to allow our team to visit the country for probe. Singapore has given its consent. A team will leave soon,” a senior ED official said.
Sources said the consent from Singapore arrived last week and preparations for the visit have begun.
Both CBI and ED are probing flow of alleged bribes in the Rs 3,600 crore AgustaWestland deal. These bribes were allegedly routed through companies in various countries, including Tunisia, Mauritius and Singapore.
According to investigations by the two agencies, some of the bribe money is alleged to have made its way to a Singapore-based company, Windsor Group. The company had received payments from Intersteller Technologies, Mauritius. Intersteller Technologies was a company floated by the alleged chopper deal middlemen Carlo Gerosa and Guido Haschke to launder the bribe money.
Agencies have evidence of $ 2.4 million moved to Windsor from Intersteller Technologies.
Investigations have found that to move money, the middlemen floated a maze of companies in various countries. While Aeromatrix Solutions was floated in India, IDS Tunisia and IDS Mauritius were floated in respective countries. Intersteller too was allegedly floated in Mauritius for this very purpose.
Meanwhile, CBI Monday questioned Praveen Bakshi, CEO of Aeromatrix and Pratap Aggarwal, MD of IDS Infotech. It was IDS Infotech (Chandigarh) which was first hired by AgustaWestland for providing engineering services. It’s concerned department was later bought by Aeromatrix.
Click here to view the whole thread at www.sammyboy.com (http://www.singsupplies.com/showthread.php?229415-S-pore-again-in-the-middle-of-corruption-and-money-laundering-scandal-with-India&goto=newpost).
AgustaWestland chopper deal: To expedite probe, ED to send team to Singapore
The agency will send its team within a month’s time after completing formalities.
With replies to letters rogatory sent to 10 countries in connection with the VVIP chopper deal yet to come, Enforcement Directorate (ED) is now sending a team of officers to Singapore to expedite the investigations.
The agency will send its team within a month’s time after completing formalities. “We had sent an LR to Singapore. It hasn’t been answered yet. We had also asked Singapore to allow our team to visit the country for probe. Singapore has given its consent. A team will leave soon,” a senior ED official said.
Sources said the consent from Singapore arrived last week and preparations for the visit have begun.
Both CBI and ED are probing flow of alleged bribes in the Rs 3,600 crore AgustaWestland deal. These bribes were allegedly routed through companies in various countries, including Tunisia, Mauritius and Singapore.
According to investigations by the two agencies, some of the bribe money is alleged to have made its way to a Singapore-based company, Windsor Group. The company had received payments from Intersteller Technologies, Mauritius. Intersteller Technologies was a company floated by the alleged chopper deal middlemen Carlo Gerosa and Guido Haschke to launder the bribe money.
Agencies have evidence of $ 2.4 million moved to Windsor from Intersteller Technologies.
Investigations have found that to move money, the middlemen floated a maze of companies in various countries. While Aeromatrix Solutions was floated in India, IDS Tunisia and IDS Mauritius were floated in respective countries. Intersteller too was allegedly floated in Mauritius for this very purpose.
Meanwhile, CBI Monday questioned Praveen Bakshi, CEO of Aeromatrix and Pratap Aggarwal, MD of IDS Infotech. It was IDS Infotech (Chandigarh) which was first hired by AgustaWestland for providing engineering services. It’s concerned department was later bought by Aeromatrix.
Click here to view the whole thread at www.sammyboy.com (http://www.singsupplies.com/showthread.php?229415-S-pore-again-in-the-middle-of-corruption-and-money-laundering-scandal-with-India&goto=newpost).