The Delhi High Court on Thursday directed the Enforcement Directorate (ED) to file a status report of its investigation in a money laundering case lodged against the Tata-AirAsia deal whose flying license has been challenged by BJP leader Subramanian Swamy. This will be a nightmare for industrialist Ratan Tata and Malaysian tycoon Tony Fernandes, owner of Air Asia, who were exposed in the forensic audit report prepared by ex-Tata Sons’ Chairperson Cyrus Mistry.
PGurus have earlier reported how in the Tata-Air Asia deal, money was flown to the account of US-designated terrorist of Iranian origin and Dubai-based Hamid Reza Malakotipour. This was exposed by the forensic audit conducted by Cyrus Mystery which ultimately led to his exit from Tata Sons[1]. In 2013, Subramanian Swamy approached the courts accusing fraudulent practices in the Tata-Air Asia deals and Jet-Etihad deal, accusing the then Finance Minister P Chidambaram as the main culprit. The Central Bureau of Investigation (CBI) had already booked Ratan Tata’s closest aide and Tata Trusts’ head Venkat as the accused along with Air Asia owner Tony Fernandez[2]. To save his skin, Ratan Tata is knocking all corridors of power. He even visited RSS Headquarters twice and requested top Sangh leaders to save him and got a negative reply, said a very senior RSS functionary.
On Thursday, a bench of Chief Justice D N Patel and Justice C Hari Shankar made the ED a party in Swamy’s petition challenging the airline’s flying licence and Foreign Investment Promotion Board (FIPB) clearance granted to AirAsia — a joint venture of Tata Group and Malaysia’s largest budget airline AirAsia Berhad. The court directed the probe agency to file its status report in a sealed cover before the next date of hearing on May 14. CBI had already filed its probe report in a sealed cover.
In his main petition, Swamy has contended that the flying rights granted to the carrier were in violation of the government’s policy on foreign investment. He said that according to the policy, foreign investment was allowed only in existing airlines and was not meant for floating or starting a new airline, like AirAsia India. The Federation of Indian Airlines (FIA), which has also opposed the flying license granted to AirAsia, had earlier alleged that the Directorate General of Civil Aviation (DGCA) was “deliberately turning a blind eye” to the issue.
After Supreme Court canceled the 2G telecom licenses of foreign firms in early 2012, the corrupt Congress leaders made illegal civil aviation deals to pacify the Arabs and Malaysian tycoons, accused Swamy detailing the Jet-Etihad deal and Tata-Air Asia deals[3].
References:
[1] Money flown to terrorist from Tata/ Air Asia deal: Swamy urges CBI to probe – Dec 2, 2016, PGurus.com
[2] Air Asia Scam: CBI books CEO Tony Fernandes and Tata Trust’s head Venkat. Chidambaram and Ajit Singh to be summoned soon – May 29, 2018, PGurus.com
[3] The Airline Scam, exploding now!!! May 30, 2018, PGurus.com
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[…] by the forensic audit conducted by Cyrus Mystery which ultimately led to his exit from Tata Sons[1]. In 2013, Subramanian Swamy approached the courts accusing fraudulent practices in the Tata-Air […]
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Good and Bad come together blended well as a package. Modi criss-crossed jet set across India during 2013-2014 and there are Corporate honchos ever ready waiting to foot the bills. In turn, they place their lobbyists to cut deals at the Centre and state levels. Bureaucrats, IPS Officers, Judges, want their plum postings and ready to play Tango with the Netas. Example: Nothing happened to Neera Raadia, A. Raja, Kanimozhi or the top rated corporate Heads who are the game players. 2-G Scam, Bofors deal, CWC et al are buried for ever and it is now fUll game and back in action for Kanimozhi, A. Raja, Chidambarams and many more others to roam about with their heads held high, sleeves rolled up to maim and taunt the ruling administration. In comes in this complex nexus is the tainted media barons, entertainment industry biggies with NRI links and anti nationals. India is unable to extradite Dawood Ibrahim. Dr. Prannoy Roy goes about in his three piece flashy jacket conducting mega poll analyses year after year without any shame despite P. Gurus book entitled “NDTV. F” that lays down the harm these pseudo creative, endlessly avaricious, intensely selfish individual has caused to their nation. Another Living example is the father son duo walking like proud peacocks despite their Chidambara Rahasya Unravelled. These peacocks are true national symbols that shows who Indians want as their Reps. Edha Raja Tadha Praja.
Let us bid GOOD BYE -TATA- to Rotten Tata !
It’s time India Nationalized Tats Group and Reliance Group
Subramanian Swamy is very right in describing Ratan Tata as Rotten Tata.