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CBI to probe money trail in defence deal

New Delhi: British major Rolls Royce allegedly paid around '600 crore as commission to bag deals worth around '10,000 crore with Hindustan Aeronautics Limited (HAL) and the defence ministry has asked the CBI to unearth the money trail.

The commission was allegedly paid by the London-based company to its intermediaries for getting help in bagging defence deals, defence ministry officials said on Tuesday.

The CBI, which has been entrusted to probe the case of alleged bribery, has been asked by the Centre to unearth the money trail involved. The beneficiaries of these monetary transactions would also be investigated by the agency, they said.

The British firm, which has been already paid around '5,000 crore to the HAL in last five years, has acknowledged hiring a person called Ashok Patni and his Singapore-based firm Aashmore Private Limited for help in business with the state-owned HAL.

( Source : dc )
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