Rolls Royce to return to govt Rs 18 crore paid to commission agents

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  1. Hindi

    Hindi Tihar Jail Banned

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    ​Rolls Royce to return to govt Rs 18 crore paid to commission agents - The Times of India

    NEW DELHI: Facing the heat of a CBI probe in an alleged bribery scandal, British firm Rolls Royce has written to the state-owned HAL that it was ready to return Rs 18 crore paid by it to its commission agents to the government.

    The defence ministry ordered a CBI probe into Rolls Royce's alleged hiring of middlemen in contracts worth around Rs 10,000 crore for supplying aircraft engines to the Hindustan Aeronautics Limited (HAL).

    Rolls Royce has written a letter to the HAL on March 5 claiming that it has paid only 1. 8 million pounds (Rs 18 crore) as commission to its agent Aashmore Private Limited and was willing to return that amount to the Government, senior government sources told PTI here.

    The aerospace PSU is now planning to forward the letter to the government for further action on the matter, they said.

    The defence ministry has already put on hold all existing and future deals with Rolls Royce pending a CBI probe ordered into allegations of bribery and engaging middlemen in contracts for supply of aircraft engines to HAL.

    HAL has also been asked to take action to recover from the London-based Rolls Royce the money paid by it to its commission agents.

    The decisions were taken even as Rolls Royce in a letter written to HAL in December last admitted it had employed a Singapore-based person identified as Ashok Patni and his firm Aashmore Private Limited as "commercial adviser" in India, providing sales and logistical support, local business support and "strategic advice."

    "The firm has informed HAL that it has paid commissions to Aashmore Private Limited for clinching military deals and the amount ranged ranged between 10 and 11.3%," sources said.
     
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  3. Hindi

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    Re: Rolls Royce to return to govt Rs 18 crore paid to commission agent

    CBI to start probe in HAL bribery scam - The Times of India
    PTI | Mar 9, 2014, 09.32 PM IST

    NEW DELHI: CBI in the next couple of days will register a preliminary enquiry into alleged bribery in a Rs 10,000 crore deal for supply of aircraft engines to state-owned Hindustan Aeronautics Limited by London-based Rolls Royce.

    The agency had received a complaint from the defence ministry to look into the supply of aircraft engines to HAL and is scrutinizing the documents, highly placed sources said.

    Defence minister A K Antony has ordered a CBI probe into the allegations.

    They said a preliminary enquiry may be initiated by Wednesday on the basis of which a decision could be taken to register the FIRs in the cases.

    "We will co-operate fully with the regulatory authorities and have repeatedly made clear that we will not tolerate misconduct of any sort," a Rolls-Royce spokesman has said.

    Sources said the role of a London-based arms dealer, who had been probed by the agency in different cases, is also under scanner and if evidence of his role emerges, he might be made an accused in the FIRs.

    They said the arms dealer who is already in the list of "undesirable contact" issued by the agency to government officials has been probed in the past but since no evidence had emerged the cases were closed.

    The scandal relates to deal in the supply of engines for Hawk trainer and Jaguar fighter aircraft between 2007 and 2011 and an internal probe by the vigilance wing of HAL has prima facie established the charges, the sources said.

    The allegations surfaced in the form of a letter received by HAL recently claiming that bribes were paid to officials in HAL and other departments concerned to bag contracts.
     

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