<span style="color: #222222;">A Delhi court today granted bail to former Air Force Chief S P Tyagi and others in a money laundering case related to the Agusta Westland VVIP chopper scam. Special judge Arvind Kumar granted bail to Tyagi and his cousins involved in the case after they appeared before the court. The court asked them to furnish a bail bond of Rs 1 lakh with one surety of the like amount.</span><br />'' <span style="color: #222222;">&nbsp; </span><br />'' <span style="color: #222222;">The court had passed directions after taking cognisance of the charge sheet, saying there was enough evidence against the accused in the matter relating to the alleged money laundering to the tune of around&nbsp; 28 million Euros.</span><br />'' <br />'' <span style="color: #222222;">The Enforcement Directorate (ED), in its charge sheet, has alleged that money was laundered through multiple foreign companies which were used as fronts to park alleged kickbacks. On January 1, 2014, India had scrapped the contract with Finmeccanica's British subsidiary Agusta Westland for supplying 12 AW-101 VVIP choppers to the IAF over the alleged breach of contractual obligations and charges of kickbacks of Rs 423 crore paid by it to secure the deal.</span><br />
News On AIR | September 12, 2018 1:32 PM
Ex-Air Force Chief SP Tyagi gets bail In AgustaWestland VVIP Chopper Case