Kickbacks came through monthly remittances, ended Dec 2012: Italy
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The Italian investigation report into the VVIP AgustaWestland chopper scam has alleged that 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.
Italian investigators have managed to piece together evidence 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 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 mediations 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 payments modes made and says the payments continued till as late as December 2012.