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    AgustaWestland Case : Two more accuse get bail

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    A court granted bail to two more accused in the case relating to the Rs 3,600 crore AgustaWestland helicopter deal.

    Central Bureau of Investigation (CBI) Special Judge Arvind Kumar allowed the bail pleas of Delhi-based Media Exim Pvt. Ltd’s Director R.K. Nanda and former Director J.B. Subramaniyam on furnishing personal bonds of Rs 1 lakh and sureties of the like amount each.

    According to the ED, Media Exim is a shell company of James and allegedly incorporated for facilitating transactions of kickbacks paid to James by Finmeccanica, a group firm of AgustaWestland.

     James allegedly received around Rs 225 crore as kickbacks from AgustaWestland for the deal inked for the purchase of 12 helicopters in the guise of transactions for performing multiple work contracts in the country.

     “Nanda and Subramaniyam were appointed Directors of Media Exim Pvt. Ltd., who willingly and knowingly connived with James and helped him in acquiring immovable and movable properties or assets in Delhi, which have already been attached,” the ED had said.

     Earlier the court had granted bail to other accused in the case, including former Indian Air Force chief S.P. Tyagi, his cousin Sanjeev Tyagi and Delhi-based lawyer and businessman Gautam Khaitan.

     

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