Live Markets »News & Advice»Market News»Market News Details
Market News Details
Back

Court allows ED to quiz Talwar on Indian Airlines' purchase of 43 aircraft

Press Trust of India/New Delhi 15 Mar 19 | 03:25 PM

Deepak Talwar (Illustration: Ajay Mohanty)

A Delhi court on Friday allowed the ED to question lobbyist Deepak Talwar in Tihar jail in a fresh case related to the purchase of 43 aircraft by erstwhile Indian Airlines from France's Airbus Industrie in 2005.

Related Stories

    No Related Stories Found
Widgets Magazine

The Enforcement Directorate had on Thursday moved a Delhi court seeking orders to interrogate Talwar who is currently in judicial custody in a separate case related to negotiations to favour foreign private airlines causing losses to national carrier Air India.

In the present case, special public prosecutors D P Singh and Nitesh Rana had told the court that Talwar's custody was required to unearth the entire criminal conspiracy related to the money laundering in relation to the purchase.

According to the ED, the case was filed against Indian Airlines officials and other unknown persons, "alleging that the officials, by abusing their official position as public servants in conspiracy with Airbus Industrie and caused undue pecuniary advantage to Airbus Industrie and caused corresponding undue loss to the government exchequer in carrying out the purchase of 43 aircraft by Indian Airlines from Airbus Industrie, France.

Widgets Magazine

Sensex

Company Price Gain (%)
NTPC134.053.67
Larsen & Toubro1,394.001.54
Asian Paints1,470.701.08
Tata Steel518.150.90
Bajaj Auto2,949.400.60

Poll

Currently No Poll Available.

Online Portfolio

You can create Online Portfolio here using the below button.

Widgets Magazine