ED files case in Embraer deal

The Enforcement Directorate on Wednesday filed a money laundering case to probe the alleged payment of kickbacks.
For representational pupose (File | Reuters)
For representational pupose (File | Reuters)

NEW DELHI: The Enforcement Directorate on Wednesday filed a money laundering case to probe the alleged payment of kickbacks worth US dollars 5.7 million in the Embraer aircraft deal inked in 2008.
 
The agency has filed a criminal complaint under the provisions of the Prevention of Money Laundering Act (PMLA) taking cognisance of the CBI FIR filed in this case last month, sources said.
 
The agency will soon issue summons to the accused.
    
In its FIR, the CBI had booked arms dealer Vipin Khanna besides two firms Brazil-based Embraer and Singapore based Interdev Pte Ltd for alleged payment of kickbacks in the Embraer deal worth US dollars 210 million.

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