Press Esc to close
Saturday 20 September 2014
News updated at 3:18 AM IST
Weather
Max: 27.8°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
Bollywood actor Farhan Akhtar at the launch of Coca Cola Zero in New Delhi ...

Bollywood actor Farhan Akhtar at the launch of Coca Cola Zero in New Delhi ...

Sadananda Gowda releasing the logo for a special cleanliness campaign of SCR at Rail Nlayam ...

Sadananda Gowda releasing the logo for a special cleanliness campaign of SCR at Rail Nlayam ...

Manmohan Singh greets Chinese President Xi Jinping as Sonia Gandhi looks on ...

Manmohan Singh greets Chinese President Xi Jinping as Sonia Gandhi looks on ...

Indian flagbearer Sardar Singh carries the national flag to lead the contingent into Incheon ...

Indian flagbearer Sardar Singh carries the national flag to lead the contingent into Incheon ...

Asian Games torch arrive at main stadium for opening ceremony of the 17th Asian Games ...

Asian Games torch arrive at main stadium for opening ceremony of the 17th Asian Games ...

Artists perform during the opening ceremony for the 17th Asian Games in Incheon, South Korea ...

Artists perform during the opening ceremony for the 17th Asian Games in Incheon, South Korea ...

Omar Abdullah inaugurates a reconstructed bridge which was washed away by floods at Gundoora ...

Omar Abdullah inaugurates a reconstructed bridge which was washed away by floods at Gundoora ...

Students take part in a rally aganist the alleged molestation of Jadavpur University female ...

Students take part in a rally aganist the alleged molestation of Jadavpur University female ...

Kashmiri Sikh people preparing food for the flood victims at a relief camp ...

Kashmiri Sikh people preparing food for the flood victims at a relief camp ...

A ballot box is emptied as workers prepare to count ballots at a counting centre in Aberdeen...

A ballot box is emptied as workers prepare to count ballots at a counting centre in Aberdeen...

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