ED filed a Rs 77 crore money laundering case against Rolls Royce

(PTI) New Delhi, Ta. September 8, 2019, Sunday

Enforcement Directorate (EDA) has filed a money laundering lawsuit against Rolls-Royce, a London-based auto vehicle company. During Rolls-Royce Year 1-5, an agent was commissioned to receive contracts from PSUs like HAL, ONGC and GAIL. It has been alleged that he paid Rs 3 crore, ED officials said on Sunday.

The ED has registered a case under the Prevention of Money Laundering Act (PMLA) on the basis of the CBI's FIR. The CBI filed an FIR against the auto company in July this year, officials said.

Rolls Royce and its Indian subsidiary, Singapore-based Ashok Patni and their company Ashmore Pvt. Ltd. And Mumbai-based TurboTech Energy Services International Pvt. Ltd. Besides, Hindustan Aeronautics Ltd. The CBI has registered a criminal conspiracy and bribery case against unidentified officials of public sector companies like HAL, ONGC and GAIL.

According to the CBI complaint, Rolls Royce's total turnover with HAL between the years 1 to 5 is Rs. 5 crore. The Investigation Agency alleges that Rolls-Royce paid Patney as a 'professional consultant' to HAL between two supply orders for Avon and Allison Engines spare parts between 3-4. 1 crore was paid. The CBI filed an FIR against the auto company after a five-year-long investigation.

The Defense Ministry received a letter alleging that Rolls-Royce bribed Patney and his company, and the CBI conducted an investigation based on the ministry's complaint. Officials said that the company will also look into the corrupt activity of setting up a separate fund for bribing officers of the government units and whether the officers were bribed.

After registering a CBI case, Rolls-Royce said the company does not engage in any illegal activity in its business. The company is committed to upholding ethical values. Rolls Royce will buy Rs. 6 in 5 purchase orders for the ONGC for purchase of spare parts for engines. It was said that the company had paid Rs.

In addition, the company has paid around £ 1 million British pounds in connection with Gale's 4 purchase orders for spare parts, according to the CBI's FIR. The auto company had paid an additional commission to two companies of Ashok fraud, but Gale did not provide any information, CBI said.