Naval war room leak case: CBI, I-T conduct searches
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Last Updated: Saturday, July 07, 2012, 08:34
  
New Delhi: A joint team of CBI and Income Tax criminal investigation unit today carried out searches at the premises of Naval war room leak case accused Abhishek Verma after the probe agency registered a fresh case against him.

A team from the I-T Directorate of Criminal Investigation joined sleuths of the probe agency in carrying out searches in at least 10 locations in Delhi and Gurgaon, sources said.

A farmhouse in South Delhi and another property in Delhi have been raided by the teams from where some documents have been collected, they said.



Authorities said the CBI case was registered on the allegation that Verma took huge amount of money to get a Swiss defence company out of government's blacklist.

The I-T department, according to sources, has begun a probe to detect alleged kickbacks being paid in the case and it has begun a preliminary investigation into some of the overseas accounts of Verma and his associates.

The I-T department is also reportedly in possession of classified data on Swiss and other accounts belonging to Verma and others known to him.

Sources claimed the teams have collected some crucial information and documents.



CBI sources claimed Verma was operating through a US based company as a front with one Edmond Allen being its President. Ganton had allegedly opened an Indian subsidiary as well in which his close associates were board members.

They said Defence Ministry had started proceedings to blacklist RAD in early 2011 after alleged irregularities in Ordnance Factory Board scam surfaced.

It has come to light that the firm had allegedly paid illegal gratification to the officials of Ordnance Factory Board for the supply of Air Defence Guns.

On January 31, 2011 USD 5.30 lakh were transferred to Ganton USA for consultancy services, they said.

Defence Ministry had issued show cause notice to RAD on February 3, 2011 and on February 15, a request was allegedly received by Ganton USA to transfer funds to Indian subsidiary.



CBI sources said they have got some crucial evidence which suggests that fund transfers were done with a promise to bail out RAD and stall blacklisting proceedings against it but the attempts did not materialise and it was blacklisted.

Recently, the attorney who was custodian of Verma's alleged front company Ganton approached CBI Director besides other senior officers providing them with documents allegedly exposing the transactions between RAD and Verma.

The I-T department, according to sources, has begun a probe to detect alleged kickbacks being paid in the case and it has begun a preliminary investigation into some of the overseas accounts of Verma and his associates.

The I-T department is also reportedly in possession of classified data on Swiss and other accounts belonging to Verma and others known to him.

PTI


First Published: Saturday, July 07, 2012, 08:31


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