Mr. SP
Tyagi, the former air Chief Marshal
including the two more persons, has been arrested by the CBI in the case
of Augusta Westland on Friday. Mr tyagi is the accused of disposing worth Rs
3600 crore choppers' deal to Anglo Italian company Augusta Westland. In this connection two more accused, advocate
Gautam Khetan and Sanjeev Tyagi, too have been arrested.
The three persons have been arrested under sections
120B, 420 and Anti-Corruption Act 1988. The CBI will quiz to trio in its headquarters . The
CBI said that the Westland deal was done worth Rs 3767 crore and the
gratification money was 12% of principal amount. The CBI spokesperson said that
Mr SP Tyagi, Mr Sanjeev Tyagi and Gautam Khetan will be produced before the
court on Saturday.
Enforcement
Directorate summoned to Mr Tyagi under prevention of ‘Money Laundering Act’
before his arrest. Mr tyagi had confessed allegedly before the CBI that he had
met with the middleman Guido Ralph Haschke.
What
is money laundering?
The concealment of the origins of illegally obtained money,
typically by means of transfers involving foreign banks or legitimate
businesses.
Prior
to becoming chief of Indian Air Force, he was commanding the Western Air Command of the Air Force.
He was commissioned in the fighter stream of the IAF on December 31, 1963. He
is said to have "actively participated" in the 1965 and 1971 wars.
Air Chief Marshal Shashindra
Pal Tyagi took over as the 20th Chief of Air Staff of the Indian Air Force from
31 December 2004. Popularly known as "Bundle", Tyagi was born at
Indore on March 14, 1945. He is an alumnus of St Xavier School in Jaipur. He
was commissioned in the IAF on 31 December 1963 in the fighter stream.
The initial years of his
career in the air force, Tyagi flew Gnats with No.23 Squadron and later served
with Hunters of No.27 Squadron. A veteran of both the 1965 and the 1971 Wars,
he was one of the pioneer batches of eight pilots selected for conversion on
the Jaguar Interdiction aircraft when it was inducted in 1980s. Whilst training
at Lossiemouth, he was one of the two Indian pilots chosen for a Photo Recce
Course at Coltishall with No.41 Squadron RAF.
The
ED had arrested Gautam Khetan advocate and resident of Delhi on 23 September
2014. He was accused of money laundering in the Augusta Westland deal. His name
was in the Panama paper leaks. According to the ED, Khetan is the member in
Aeromatix Company at Chandigarh.
The
company had manipulated a huge amount in Augasta Westland deal. Khetan was
arrested again in September 2014, but he was released on bail in January 2015.
A blue diary revealed the share of bribe
money. The few code word puzzles in the diary have solved by ED. The write up
'GK' means to Gautam Khetan; and brothers mean Tyagi brothers.
