black eagle
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Six Foreign, Indian Firms to be Black-Listed: Antony
Defence Minister A K Antony today said the CBI has recommended black-listing of six foreign and Indian firms for being involved in "illegal gratification" in the Ordnance Factory Board scam on 2009.
Answering written queries in the Rajya Sabha, he said fresh show-cause notices have been issued to them after the chargesheet was filed by the central investigating agency.
The companies that have been recommended for blacklisting by the CBI, include Israeli Military Industry (IMI), Singapore Technologies Kinetics (STK), German Rheinmetall Air Defence and Russian Cooperation Defence along with two Indian firms.
Antony said the decision to take penal action against the firms would be decided in consultation with Law Ministry and the Central Vigilance Commission (CVC).
Asked about the action taken against the Israeli firm, the Minister said IMI has been provided all available documents and has been directed to submit its reply to the show-cause notice within 15 days.
Due to the blacklisting of these firms, several defence ministry acquisition projects had either been stalled or scrapped.
This includes the artillery modernisation programme and upgrading of existing Indian Army howitzers.
Defence Minister A K Antony today said the CBI has recommended black-listing of six foreign and Indian firms for being involved in "illegal gratification" in the Ordnance Factory Board scam on 2009.
Answering written queries in the Rajya Sabha, he said fresh show-cause notices have been issued to them after the chargesheet was filed by the central investigating agency.
The companies that have been recommended for blacklisting by the CBI, include Israeli Military Industry (IMI), Singapore Technologies Kinetics (STK), German Rheinmetall Air Defence and Russian Cooperation Defence along with two Indian firms.
Antony said the decision to take penal action against the firms would be decided in consultation with Law Ministry and the Central Vigilance Commission (CVC).
Asked about the action taken against the Israeli firm, the Minister said IMI has been provided all available documents and has been directed to submit its reply to the show-cause notice within 15 days.
Due to the blacklisting of these firms, several defence ministry acquisition projects had either been stalled or scrapped.
This includes the artillery modernisation programme and upgrading of existing Indian Army howitzers.