AugustaWestland case: Court grants bail to former IAF chief SP Tyagi, others in chopper case

By PTI News  |  First Published Sep 12, 2018, 1:32 PM IST

Special judge Arvind Kumar granted bail to Tyagi and his cousins involved in the case and asked them to furnish a bail bond of Rs 1 lakh with one surety of the like amount

New Delhi: A Delhi court on Wednesday granted bail to former Air Chief Marshal SP Tyagi and others in a money laundering case related to the AgustaWestland VVIP chopper scam.

Special judge Arvind Kumar granted bail to Tyagi and his cousins involved in the case and asked them to furnish a bail bond of Rs 1 lakh with one surety of the like amount.

The bail was granted after they appeared before the court in pursuance to the summons issued against them.

The court had on July 24 summoned former AgustaWestland and Finmeccanica directors Giuseppe Orsi and Bruno Spagnolini, Tyagi and others as accused in the case.

The court had asked the accused to appear before it on Wednesday while issuing fresh non-bailable warrants against Italian middlemen Carlo Gerosa and Guido Haschke and Dubai-based businessman Rajeev Saxena in the case.

Besides the six, the court also summoned as accused 28 Indian and foreign individuals and companies, including lawyer Gautam Khaitan, AgustaWestland and its parent company Finmeccanica SPA.

The court had passed directions after taking cognisance of the charge sheet, saying there was enough evidence against the accused in the matter relating to the alleged money laundering to the tune of around € 28 million.

However, foreign individuals and firms failed to appear before the court on Wednesday.

The ED, in its charge sheet, has alleged that money was laundered through multiple foreign companies which were used as fronts to park alleged kickbacks.

On January 1, 2014, India had scrapped the contract with Finmeccanica's British subsidiary AgustaWestland for supplying 12 AW-101 VVIP choppers to the IAF over an alleged breach of contractual obligations and charges of kickbacks of Rs 423 crore paid by it to secure the deal.

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