The Enforcement Directorate (ED) has arrested Gautam Khaitan, the managing partner of OP Khaitan & Co, in connection with a money laundering probe into the ₹36 billion (US$583 million) AgustaWestland helicopter deal.
The investigation relates to the purchase in 2010 of 12 AgustaWestland AW101 helicopters, intended to serve the Indian president and other high-ranking state officials on VVIP trips. In February 2013, soon after the arrest by Italian authorities of Giuseppe Orsi, the CEO of Finmeccanica, AgustaWestland’s parent company, an investigation was launched into allegations that Indian politicians and military officers had taken kickbacks from AgustaWestland to secure the contract.
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