Devas Multimedia vs GOI – Canadian Court Orders Seizure of Air India Assets – Sree Iyer explains why

Devas Multimedia vs GOI - Canadian Court Orders Seizure of Air India Assets - Sree Iyer explains the timeline, the scam and who are involved.


2005: Devas Multimedia signs a deal with Antrix, the Private arm of ISRO, to build satellites
2010: Scam about the deal surfaces in India media
2020: Devas wins in a US Court, awarded $1.2 billion in damages
2020: GOI has the US Court order stayed in the Indian Supreme Court
2021: Canadian Court Orders Seizure Of Air India Assets
Sree Iyer explains the timeline, the scam and who are involved.

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