Thursday, April 22, 2021
Home Crime Internal audit of AgustaWestland reveals that Christian Michel made dubious payments worth Rs 276...

Internal audit of AgustaWestland reveals that Christian Michel made dubious payments worth Rs 276 crore

Christian Michel is accused of money laundering, bribery, and fraud in connection with the Rs 3,600-crore worth AgustaWestland scam. It is believed that not only did he pay kickbacks to politicians, officers and agents but also involved certain celebrity journalists to swing the deal.

The CBI has got a boost in its investigation into the alleged corruption in the AgustaWestland helicopter scam after it has been able to acquire an important piece of evidence against middleman Christian Michel, reported Times of India.

According to the reports, the CBI has got a significant document pertaining to Italian investigations which had initially pointed out irregularities in the helicopter deal. An internal audit report carried out by the AgustaWestland of Christian Michel’s firms Global Trade and Commerce Ltd London and Global Services FZE, Dubai has indicated that payments worth 34 million euros (approx Rs 276 crore) made by them were “dubious”.

The report of the AgustaWestland vice-president (auditor), Giorgio Casana, was shared to the CBI by the Italian authorities in his response to a letter with hundreds of fax dispatches between the representatives of Michel and AgustaWestland, where had they discussed the VVIP helicopter tender, payments and meeting details among other things.

The Times of India has reported that CBI sources have said that Casana had travelled to Dubai to audit GTCL and GSF and noticed significant irregularities in using 34 million euros of the total of 42.27 million euros paid by AgustaWestland to Michel.

Reportedly, Christian Michel and his office manager David Syms were then confronted by Casana for these “dubious” payments, but both gave “false explanations” regarding the transaction of such a large amount. However, Michel has claimed that he took money from AgustaWestland as a fee for “consulting”, but the investigators claim that they were bribes and that he did not provide any consulting business to the company.

The audit report obtained by CBI officials is reported to play an important role in the next charge sheet, which will be comprehensive and mentions the alleged “dubious” transactions.

Christian Michel, who is in the custody of CBI, has already admitted to receiving payments from the AgustaWestland. The ToI has reported that Michel has admitted that he had paid $11,000 per month to the “family” for a few months, referring to the former IAF chief Air Marshal (retired) SP Tyagi and his cousins.

Christian Michel is also reported to have met former IAF and defence ministry officials regularly. CBI has also accessed the fax between AgustaWestland and the intermediaries that reveal that Tyagi was lobbying for AgustaWestland even after his retirement.

The wanted fugitive and middleman in the Rs 3,600-crore AgustaWestland chopper deal, Christian Michel, was brought to India late on Tuesday night following his extradition by the UAE.

Christian Michel is accused of money laundering, bribery, and fraud in connection with the Rs 3,600-crore worth AgustaWestland scam. It is believed that not only did he pay kickbacks to politicians, officers and agents but also involved certain celebrity journalists to swing the deal.

  Support Us  

Whether NDTV or 'The Wire', they never have to worry about funds. In name of saving democracy, they get money from various sources. We need your support to fight them. Please contribute whatever you can afford

OpIndia Staffhttps://www.opindia.com
Staff reporter at OpIndia

Related Articles

Trending now

Is Serum Institute really making a huge profit and charging discriminatory price from states for Covid-19 vaccine? Read details

Serum Institute had offered GOI a discount for 1st 100 million doses, it will not be making huge profits from states as alleged

‘Remdesivir is not magic bullet, 85 percent of Covid patients do not need hospitalisation: Top doctors issue advisory

Doctors from AIIMS, Narayana Health and Medanta issued advisory amidst rising number of coronavirus cases.

TMC, Kashmiri Journalist and propagandists found posting fake images and videos amidst Covid-19 crisis

TMC's campaign handle 'Banglar Gorbo Mamata' was found spreading deliberate lies and fake news during the Covid pandemic.

Moneycontrol deletes report, NDTV brazens out misleading reports on oxygen export after central government calls out malicious propaganda

After central government slammed media for spreading falsehoods about oxygen exports, Moneycontrol takes down its report

India becomes the fastest country in the world to administer over 13 crore COVID-19 vaccine doses: Centre

India becomes the fastest country to administer 13 crore COVID-19 doses.

Nashik: Oxygen leaks from tanker, 22 patients dead as ventilators were stopped

The incident occurred at Dr Zakir Hussain Hospital in Nashik.

Recently Popular

No masks, abuses and ruckus: How a Shiv Sena corporator abuses power to threaten doctors on duty

The doctors of Bhagwati Hospital have threatened to resign after being humiliated by the Shiv Sena corporator.

AAP supported farmer protests hampering war against Covid-19, oxygen supplier writes to GOI saying tankers delayed due to roadblocks by protestors

Inox Air Products said that they are facing delays in Delhi while transporting oxygen due to road blockades by the farmer protestors

Journalism: The new performance art

With the COVID-19 pandemic, journalists have screamed "Beware of the Ides of March" to anyone who would listen - Barkha Dutt for example.

IIT Kanpur Professor predicts COVID-19 to peak in May, dismisses claims of Kumbh and poll rallies being responsible for spread

The IIT Kanpur professor said that since the election rallies and the Kumbh are held in open spaces, there are few chances of it spreading the COVID virus

Understanding the hate factory: How Rohan Joshi and his hateful post against Hindus gives us an insight into the ‘liberal’ mind

Comedian Rohan Joshi tells Bhakts, "I have nothing but contempt for them and nit a shred of empathy" as he mocks Coronavirus deaths
- Advertisement -

 

Connect with us

254,070FansLike
531,231FollowersFollow
24,200SubscribersSubscribe