ADD ANI AS A TRUSTED SOURCE
googleads
Menu
General News

Delhi: Special court issues non-bailable warrant against ex-Airbus official

New Delhi [India], May 31 (ANI): A special court on Friday issued an open-ended non-bailable warrant against Kiran Rao, an ex-Airbus official, in a money laundering case related to the purchase of 43 aircraft by Air India in 2005.

ANI May 31, 2019 20:35 IST googleads

Delhi High Court. File photo/ANI

New Delhi [India], May 31 (ANI): A special court on Friday issued an open-ended non-bailable warrant against Kiran Rao, an ex-Airbus official, in a money laundering case related to the purchase of 43 aircraft by Air India in 2005.
An Open-ended non-bailable warrant doesn't have an execution time limit.
Special Judge Santosh Snehi Mann presided over the hearing which took place in Delhi's Rouse Avenue court complex.
The Enforcement Directorate (ED) claimed Rao, former senior Airbus official, deliberately evaded summons and was deliberately not joining the probe related to the purchase made in 2005.
Rao was formerly Senior Vice-President (Pricing & Marketing), Airbus Industries. ED claims negotiations with Airbus caused losses to Indian Airlines.
ED's counsel Nitesh Rana informed the special judge that British-national Rao was avoiding summons "deliberately and knowingly" and did not appear for investigation.
The former Airbus official currently stays in the UK.
Corporate lobbyist Deepak Talwar is also being tried in the same case by the ED.
ED's counsel had earlier told the court that investigation revealed that Deepak Talwar, who is currently lodged in Tihar jail, obtained "undue favours" for private airlines using his contacts.
It was also alleged that he had acted as a middleman to favour foreign private airlines in seat-sharing on Air India's profitable routes, causing huge loss to the national carrier.
Central agencies are probing various other cases related to money laundering against Deepak Talwar. He was arrested after being deported from the United Arab Emirates on January 30. (ANI)

Get the App

What to Read Next

General News

Woman found dead in hotel room in North Delhi

Woman found dead in hotel room in North Delhi

According to Delhi Police, around 12:30 am, staff of Prince Hotel located at SPM T-point on Church Mission Road informed the beat staff that Room No. 205 was locked and the guest inside was not responding despite repeated knocking.

Read More
General News

FCI workers' demands raised before Labour Authority

FCI workers' demands raised before Labour Authority

The ongoing dispute between the management of the Food Corporation of India (FCI) and its sole recognised union, Bhartiya Khadya Nigam Karamchari Sangh (BKNKS), was taken up for conciliation on Thursday before the Deputy Chief Labour Commissioner (Central) in New Delhi.

Read More
General News

Fire breaks out at Sheikh Sarai Transport Authority record room

Fire breaks out at Sheikh Sarai Transport Authority record room

A fire broke out at the old Transport Authority building in Sheikh Sarai Phase 2 area of Delhi on Wednesday night, gutting important documents stored in the record room, officials said.

Read More
General News

Creamy layer cannot be decided on parents income alone: SC

Creamy layer cannot be decided on parents income alone: SC

A bench of Justices R Mahadevan and Pamidighantam Sri Narasimha delivered the ruling while dismissing civil appeals filed by the Central government - Ministry of Personnel and Training (MoPT) challenging judgments which had granted relief to certain OBC candidates in the Civil Services Examination.

Read More
General News

ED attaches 31 immovable properties worth Rs 581.65 crore in...

ED attaches 31 immovable properties worth Rs 581.65 crore in...

The attached properties are in the form of land parcels situated in Goa, Kerala, Karnataka, Punjab, Tamil Nadu, Uttar Pradesh, Haryana, Jharkhand, Maharashtra, Delhi, West Bengal, Andhra Pradesh, and Rajasthan.

Read More
Home About Us Our Products Advertise Contact Us Terms & Condition Privacy Policy

Copyright © aninews.in | All Rights Reserved.