Business

After Mistry's letter, Government eye on Tata aviation business

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NEW DELHI: In hot pursuit of alleged fraudulent transactions of Rs 22 crore at AirAsia India in a confidential letter written by ousted Tata Sons Chairman Cyrus Mistry, the Aviation Ministry on Thursday said all issues would be looked into and “law of the land will have to be followed” in case of any violations.

“Laws as per policies have to be followed. Whatever (issue) anybody raises, they will have to be looked into,” Civil Aviation Minister Ashok Gajapathi Raju said. Raju also said that the ministry would take any action in this matter whoever had made the violations. 

AMIT BANDRE

However, he did not give any specific details about the allegations made in Mistry’s letter dated October 26, which he had written soon after being removed as Chairman. “The regulator provides the licence. So that was the point of that time. If there are violations in it, the courts are there to look at it. Our concern here is that we should keep Indian skies vibrant... Whatever anybody raises, they will have to be looked into,” Raju said. 

The Federation of Indian Airlines (FIA) moved the Supreme Court seeking stay on the operational clearance granted to AirAsia India. A three judge bench agreed to hear the plea after the Diwali break. 

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