Press Esc to close
Saturday 22 November 2014
News updated at 2:40 AM IST
Weather
Max: 28°C
Min : 18°C
In Bengaluru
Sunny day

Five arrested in defence scam

Kochi, Apr 24, 2013, (PTI) :

CBI today arrested V K Pande, General Manager of the Defence Ordinance factory at Medak in Andhra Pradesh and four others in connection with alleged corruption in supply of army battle tanks.

CBI sources said Pande, T Muralidhar Bhagavat, Managing Director of AMW MGM Forgings Pvt ltd, Mysore and K R Mugilan, DGM, marketing AMW MGM Forgings, had been brought to Kochi for interrogation on Monday and were arrested tonight.

The two others arrested were Shahnaaz and Valsan, Managing Director and Marketing Manager respectively of state-owned Steel and Industrial Forgings Ltd (SIFL), CBI sources said.


The case relates to Thrissur-based SIFL having sold spare parts to DOD and the Heavy Vehicles factory at Avadi in Chennai allegedly by bribing officials.

CBI, Kochi unit, probed the case and unearthed the fraud in the supply of components for Arjun tank.

All the accused will be produced before a CBI court tomorrow.

Subi Malli, a Mumbai-based bussinesswoman, who was the mediator in the deal, had been arrested by CBI earlier and is now on bail. She has been asked to appear before the CBI court tomorrow.

The allegation against the accused is that some officials of SIFL, which is a regular supplier of roadwheel arm and flange used in the manufacture of artillary tank, conspired with Malli to influence the public servants of defence establishment at Avadi and bagged some contracts at highly inflated rates, thus causing loss to the state exchequer.

The case was registered by CBI after conducting searches at the residences and premises of suspects in Kerala, Mumbai, Avadi and Hyderabad.

Go to Top

Photo Gallery
Elderly women take part in Tug-of War during annual month long sports competition...

Elderly women take part in Tug-of War during annual month long sports competition...

A tigress in a playfull mood at the Maharajbag Zoo in Nagpur, Maharashtra...

A tigress in a playfull mood at the Maharajbag Zoo in Nagpur, Maharashtra...

Indian Air Force (IAF) Sukhoi Su-30 fighter aircrafts make a formation in the shape...

Indian Air Force (IAF) Sukhoi Su-30 fighter aircrafts make a formation in the shape...

Players during the 3rd day of IBSF World Snooker Championship in Bengaluru...

Players during the 3rd day of IBSF World Snooker Championship in Bengaluru...

Interim President, BCCI Shivlal Yadav felicitates Indian cricketer Rohit Sharma at the BCCI...

Interim President, BCCI Shivlal Yadav felicitates Indian cricketer Rohit Sharma at the BCCI...

Migratory birds arrive to make nest at tree at Islampur in Birbhum district of West Bengal...

Migratory birds arrive to make nest at tree at Islampur in Birbhum district of West Bengal...

Decommissioned warship, INS Vikrant being wrecked at Darukhana ship breaking yard in Mumbai...

Decommissioned warship, INS Vikrant being wrecked at Darukhana ship breaking yard in Mumbai...

Indian Air Force (IAF) helicopters make a formation during a parade for presentation...

Indian Air Force (IAF) helicopters make a formation during a parade for presentation...

Indian Coast Guard launching Interceptor Boat c-416 at Hazira, Surat...

Indian Coast Guard launching Interceptor Boat c-416 at Hazira, Surat...

Arun Jaitley with Mega actors Amitabh Bachchan and Rajinikanth...

Arun Jaitley with Mega actors Amitabh Bachchan and Rajinikanth...

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523