STOCK MARKET BSE NSE

Rafale deal: Former Finance Minister Yashwant Sinha reiterates forensic audit demand

By kicking out Hindustan Aeronautics Limited completely out from the deal, Prime Minister Narendra Modi has reduced 'Make in India' to a mere slogan, he said here on Wednesday.

Published: 29th August 2018 01:45 PM  |   Last Updated: 29th August 2018 01:46 PM   |  A+A-

Yashwant Sinha (File | PTI)

By Express News Service

BENGALURU: Stating that probe by Joint Parliamentary Committee (JPC) on Rafale Deal would make little headway, former Finance Minister Yashwant Sinha reiterated that a forensic audit should be conducted by Comptroller and Auditor General, to find out 'criminal intent or negligence' in the deal. By kicking out Hindustan Aeronautics Limited completely out from the deal, Prime Minister Narendra Modi has reduced 'Make in India' to a mere slogan, he said here on Wednesday.

"Congress has been demanding a JPC probe. Since it will be headed by a member of the ruling party, there is no use of the Committee probe," he said, stating that a JPC on Bofors too had made little headway. Rather than that, the forensic audit should be completed by December 31 to find out to assess the irregularities in the deal, he demanded.

HAL kicked out

He said that while the initial agreement was to procure 126 Rafale jets for Rs 90,000 crore, "according to our information, the new agreement will procure 36 jets for Rs 60,000 cr." It is a question for the people to judge as the arithmetic behind the deal is very clear, he said.

ALSO READ: Congress peddling untruth on Rafale, alleges Arun Jaitley

Posing 10 questions to Modi, he questioned why "HAL was kicked out completely from this deal and not even given the responsibility of meeting the offset obligation?". If HAL was part of it, there would have been technology transfer and 108 Rafale fighter jets would have been produced in India, he said, adding that despite tall claims by the Central government the Make in India scheme has reduced to an 'empty slogan'.

Sinha, who quit BJP in April earlier this year, questioned why a newly formed company was allowed to walk with the offset contract while refusing to name the company. "I cannot face a Rs 5,000 cr defamation suit', he said.



Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

IPL_2020
flipboard facebook twitter whatsapp