Court grants bail to former Air force Chief SP Tyagi, others in AgustaWestland case

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A Delhi court on Wednesday granted bail to former Air force Chief SP Tyagi and others in a money laundering case related to the Rs 3600-crore AgustaWestland VVIP chopper deal.

Special judge Arvind Kumar granted bail to Tyagi and others, involved in the case and asked them to furnish a bail bond of Rs 1 lakh with one surety of the like amount.

The bail was granted after they appeared before the court in pursuance to the summons issued against them.

On July 24, the court had summoned former AgustaWestland and Finmeccanica directors Giuseppe Orsi and Bruno Spagnolini, Tyagi and others as accused in the case.

The Enforcement Directorate (ED) filed a supplementary charge sheet in the chopper scam against 34 individuals, including Tyagi, his two cousins, lawyer Gautam Khaitan and Italians Carlo Gerosa and Guido Haschke.

The court had passed directions after taking cognizance of the charge sheet, which mentions money laundering to the tune of around 28 million euros.

The ED, in its charge sheet, has alleged that money was laundered through manifold foreign companies which were used as fronts to park alleged kickbacks.

India had cancelled a contract on 1st January 2014 with Finmeccanica’s British subsidiary AgustaWestland for supplying 12 AW-101 VVIP choppers to the IAF, over the alleged breach of contractual obligations and on charges of kickbacks of Rs 423 crore paid by it to secure the deal.