CBI chargesheet accuses lobbyist Deepak Talwar of diverting non-profit funds
The Central Bureau of Investigation (CBI) has filed a chargesheet against extradited corporate lobbyist Deepak Talwar and his non-profit Advantage India for violations of the Foreign Contribution (Regulation) Act. CBI has also arraigned Girish Vaid, Krishna Kumar Nair, Tarun Kumar Kapoor, Archana Kapoor, and Pran Nath Monga as accused in the chargesheet. Deepak Talwar as extradited from Dubai. Talwar’s wife Deepa Talwar is also an accused in the CBI’s latest supplementary chargesheet.
The lobbyist Deepak Talwar, who is involved in may corrupt defence, civil aviation deals ran away from India, when agencies started probing on his deals. He was extradited to India from Dubai in November 2017. It is a well known fact that the Think Tank – Advantage India – floated by Talwar funded by defence companies were a mulching cow or fund provider for many journalists and relatives of top bureaucrats. Talwar is having close association with former Civil Aviation Minister Praful Patel, P Chidambaram. PGurus reported a series of articles of Deepak Talwar[1].
In 2017, the CBI on the complaint by the Home Ministry filed a case against Talwar and Advantage India for FCRA violations. The CBI charged Advantage India received Rs.90.72 crore as foreign contribution from different sources between 2012 and 2016. It also received donations from defence companies Airbus and MBDA.
Investigation has further revealed that the non-profit also stood as guarantee through its fixed deposits for providing overdraft facilities to Wave Impex, a company controlled by Talwar and his family, and the funds of the association were used for the business activity of the company. “The association had also submitted bills claiming to have purchased medicines worth Rs.26.97 crore for various medical camps from two entities, Aastha Pharma and Hind Pharma, but during investigation, both these entities have clarified that they have not dealt with the association” said investigators.
Talwar was also charged by the CBI in the Air India case where he is accused of helping several foreign private airlines to secure profitable routes and timings at the cost of Air India, then national airline which pushed the airline into losses. Deepak Talwar is also probed by Enforcement Directorate.[2]
Reference:
[1] Who is Deepak Talwar, the lobbyist caught for siphoning funds through NGOs? – Nov 18, 2017, PGurus.com
[2] Nightmares started for pliable persons in the Media and Bureaucracy after the extradition of lobbyist Deepak Talwar – Feb 01, 2019, PGurus.com
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