CBI freezes Tyagi’s bank accounts

Published: 24th April 2013 08:49 AM  |   Last Updated: 24th April 2013 08:49 AM   |  A+A-

The CBI has frozen the bank accounts of former Air Chief Marshal S P Tyagi, his three cousins -- Sanjeev alias Julie, Rajiv alias Docsa and Sandeep -- and seven other Indians accused of receiving kickbacks in the Rs 3600 crore deal to procure 12 helicopters.

The other accused whose bank accounts have been frozen are IDS Infotech company chairman Satish Bagrodia, brother of former Minister of State (MoS) for Coal Santosh Bagrodia, IDS Infotech’s managing director Pratap Agarwal, Aeromatrix CEO Pravin Bakshi and legal advisor Gautan Khaitan.

The investigating agency had already frozen the accounts of IDS Infotech, Mohali and Aeromatrix, Chandigarh -- the companies allegedly received kickbacks by floating fictitious contracts. The CBI has booked all accused in the case on charges of criminal conspiracy and cheating under relevant sections of the IPC and the Prevention of Corruption Act, 1988. 


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