Deals with Rolls Royce put on hold; Defence Ministry initiates probe
Zee Media Bureau
New Delhi: Contracts with Rolls Royce have been put on hold after the Defence Ministry initiated blacklisting proceedings against the firm, claim sources.
India will also seek information from Britain about its investigations against Rolls Royce there.
The defence ministry said on Monday it had ordered a bribery investigation over state-run Hindustan Aeronautics Limited`s (HAL) purchase of jet engines from Britain`s Rolls-Royce Holdings in a deal worth at least $1.2 billion.
The Central Bureau of Investigation, the country`s top crime-fighting agency, will look into more than 5 billion rupees in alleged kickbacks in the deal that was signed in 2011, a ministry official told Reuters.
No comment was immediately available from Rolls-Royce`s office in India.