Anatomy of AgustaWestland helicopter deal
The report alleges that a major part of the Euro 51 million kickbacks that were allegedly paid came in the form of monthly remittances that were disguised as payments made for engineering contracts.
In evidence that they have managed to piece together, Italian investigators claim that at least Euro 21 million was paid through engineering contracts on a monthly basis between 2007 and 2011. The payments were allegedly made through two companies — IDS India and IDS Tunisia.
The report says that that money was paid partly through a "consultancy contract between AW and Gordian Services Sarl (a company which is attributable to them)" and later engineering contracts.
"They signed engineering contracts with companies IDS India and IDS Tunisia, to cover up the payment (still underway) of money to pay Indian public officials and the mediators Haschke and Gerosa (the two Switzerland-based middlemen), in an economic operation in which compensations for mediation's were not allowed," the report says.
As per the records mentioned in the report, a monthly payment of Euro 510,000 was being made to the IDS companies and that no taxes were being paid on the same. The report has detailed list of modes of payments made and says that the payments were to continue till as late as December 2012.
While the report alleges that part of the money was routed to the three Tyagi brothers who have been named and was allegedly also shared with former Air Chief SP Tyagi, there are not many details on how and where the money was routed to in India.
The Italian Probe
2005-06: Carlo Gerosa and Guido Haschke, business partners based in Switzerland, approach AgustaWestland claiming they can help it with the Indian contract. Key contention that the technical requirements of the contract can be tweaked allegedly swung the deal.
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