The Central Bureau of Investigation is likely to confront suspended BEML Chairman V R S Natarajan and Vectra Chairman Ravinder Rishi in its probe related to alleged irregularities in the procurement and supply of Tatra all-terrain vehicles.
The Central bureau of Investigation on Tuesday questioned Vectra chairman Ravinder Rishi for the fourth time in connection with alleged irregularities in the Tatra truck supply to the Army.
Makers of Tatra trucks, Tatra a.s. of Czech Republic, on Wednesday dismissed allegations that it was involved in corruption in supply of its vehicles to Army and said it has no direct or indirect relationship with Indian Army or any of its representatives.
Vectra chairman Ravinder Rishi was on Monday questioned by the Central Bureau of Investigation in connection with alleged irregularities in the supply Tatra all-terrain trucks as it prepares to quiz the BEML Chairman V R S Natarajan on Tuesday.
Tatra Trucks India will soon foray into on road applications by launching a heavy truck in India at its plant at Hosur in Tamil Nadu.
The Central Bureau of Investigation on Tuesday vehemently opposed in the Supreme Court any permission for NRI businessman and controversial Vectra company chief Ravinder Rishi to visit the United Kingdom for medical treatment of his various ailments, saying he may not return.
A money laundering case has been registered against Vectra chief Ravinder Rishi and his firms by the Enforcement Directorate to probe alleged generation of illegal funds in the defence deal between Tatra Sipox United Kingdom and defence public sector undertaking Bharat Earth Movers Limited.
Tatra Trucks India Ltd, the joint venture between Czech truck maker Tatra and Vectra of UK, is planning to launch its first highway transportation vehicle (for the goods segment) late next year.
The government-run Bharat Earth Movers Limited continues to do business with the United Kingdom-based Tatra Sipox, in spite of the latter facing a criminal case filed by the Central Bureau of Investigation. The PSU sought a fresh lot of Tatra trucks, priced at Rs 59.6 lakh each, in July -- two months after the CBI filed its case against the company.
The Central Bureau of Investigation has called NRI businessman Ravi Rishi, owner of the United Kingdom-based Vectra Group, for questioning in connection with alleged irregularities in the supply of all-terrain Tatra trucks through state-owned Bharat Earth Movers Limited to the army.
The Central Bureau of Investigation on Tuesday examined Lt Gen (retd) Tejinder Singh and Vectra Chairman Ravinder Rishi for the second consecutive day in connection with its probe in the alleged bribe offer made by the retired general to the then army chief V K Singh for clearing a tranche of sub-standard Tatra BEML trucks.
The Central Bureau of Investigation on Wednesday carried out searches at three locations in Noida and Delhi in connection with its probe into alleged irregularities in the procurement and supply of Tatra all-terrain vehicles to the Army. Three teams of the agency officials reached residences of two retired army officials and an official of Vectra early on Wednesday morning and took into their possession some crucial documents related to the deal, CBI sources said.
Launching its probe into Army Chief Gen V K Singh's allegation of having been offered bribe by an equipment lobbyist, the Central Bureau of Investigation on Friday registered a case for alleged irregularities in supply of all-terrain Tatra trucks through state-owned BEML to the Army.
The recording device handed over by the then Army Chief V K Singh, purported to carry a conversation relating to bribe offer made to him, is malfunctioning and nothing can be retrieved from it, says CBI.
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