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Rolls Royce to Return to Govt Rs 180 Million Paid to Commission Agents

3/9/2014

 
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NEW DELHI - Facing the heat of a CBI probe in an alleged bribery scandal, British firm Rolls Royce has written to the state-owned HAL that it was ready to return Rs 180 million paid by it to its commission agents to the government. The Defense Ministry ordered a CBI probe into Rolls Royce’s alleged hiring of middlemen in contracts worth around Rs 100,000 million for supplying...

 aircraft engines to the Hindustan Aeronautics Limited (HAL). Rolls Royce has written a letter to the HAL on March 5 claiming that it has paid only 1. 8 million pounds (Rs 180 million) as commission to its agent Aashmore Private Limited and was willing to return that amount to the Government, senior government sources said here.    (PTI) 

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