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Wednesday, September 14, 2016

Brazilian aircraft manufacturer Embraer's deal with Defence Research and Development(DRDO)under bribery cloud


Another big defence corruption probe is set to hit India. This time it's a joint US Brazil investigation into bribery charges against Brazilian aircraft manufacturer Embraer that has now been expanded to include the sales made to India.

While Embraer has also sold VVIP executive jets to the Indian Air Force, the deal likely to come under probe is a $210-million contract inked in 2008 with the Defence Research and Development Organisation (DRDO) for a project to develop a new range o ..

Another big defense corruption probe is set to hit India

 This time it's a joint US Brazil investigation into bribery charges against Brazilian Aircraft manufacturer Embraer that has now been expanded to include the sales made to India

While Embraer has also sold VVIP executive jets to the IAF,the deal likely to come under probe is a $210-million contract inked in 2008 with the Defence Research and Development(DRDO)

Organisation (DRDO) for a project to develop a new range of early warning and control aircraft.
Authorities in the US and Brazil are probing charges that the company hired a middleman based out of England to bag the deal, a practice prohibited by Indian  military procurement laws.
Another big defence corruption probe is set to hit India. This time it's a joint US Brazil investigation into bribery charges against Brazilian aircraft manufacturer Embraer that has now been expanded to include the sales made to India.

While Embraer has also sold VVIP executive jets to the Indian Air Force, the deal likely to come under probe is a $210-million contract inked in 2008 with the Defence Research and Development Organisation (DRDO) for a project to develop a new range o ..

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