Press Esc to close
Tuesday 21 October 2014
News updated at 8:45 AM IST
Weather
Max: 30.8°C
Min : 20.1°C
In Bangalore
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
Army recruits during their attestation parade at Madras Regimental Centre, Wellington, Ooty on...

Army recruits during their attestation parade at Madras Regimental Centre, Wellington, Ooty on...

In this Wednesday, Oct. 15, 2014 photo, a Kashmiri woman blocks a road during a protest demanding...

In this Wednesday, Oct. 15, 2014 photo, a Kashmiri woman blocks a road during a protest demanding...

Prime Minister Narendra Modi at the 42nd Convocation of the All India Institute of Medical...

Prime Minister Narendra Modi at the 42nd Convocation of the All India Institute of Medical...

Devendra Fadnavis hugs his mother Savita after his victory during the Assembly election in...

Devendra Fadnavis hugs his mother Savita after his victory during the Assembly election in...

Union Minister of State for Commerce and Industry, Nirmala Sitaraman launching the Online Export...

Union Minister of State for Commerce and Industry, Nirmala Sitaraman launching the Online Export...

Prime Minister Narendra Modi with BJP President Amit Shah after the party's parliamentary...

Prime Minister Narendra Modi with BJP President Amit Shah after the party's parliamentary...

In this Oct. 17, 2014 photo, a thick blanket of smoke is seen against the setting sun as...

In this Oct. 17, 2014 photo, a thick blanket of smoke is seen against the setting sun as...

In this Monday, Oct. 13, 2014 photo, an Indian woman uses her hand to put sawdust in an...

In this Monday, Oct. 13, 2014 photo, an Indian woman uses her hand to put sawdust in an...

(L-R) Asha Bhat, Miss Diva Universe 2014 2nd runner up, Noyonita Lodh, Miss Diva Universe 2014...

(L-R) Asha Bhat, Miss Diva Universe 2014 2nd runner up, Noyonita Lodh, Miss Diva Universe 2014...

An Indian man teaches yoga postures to schoolchildren at Delhi Public School in Hyderabad...

An Indian man teaches yoga postures to schoolchildren at Delhi Public School in Hyderabad...

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