What is Anil Ambani role in Rafale deal?

When the crisis over the Rafale deal erupted, both Dassault and the Modi government publicly claimed that the decision to choose Anil Ambani’s Reliance Infrastructure as an offset partner for the 36-Rafale deal was a mere continuation of a partnership that Mukesh Ambani’s Reliance Industries had with Dassault back in …

Who is responsible for Rafale deal?

58,891 Crore) by the Defence Ministry of India from France’s Dassault Aviation. The origin of the deal lies in the Indian MMRCA competition, a multi-billion dollar contract to supply 126 multi-role combat aircraft to the Indian Air Force (IAF).

Why was Reliance chosen for Rafale?

India had signed a deal with France in 2016 for 36 Rafale fighter jets. Trappier also said they chose Reliance as he wanted to be in charge of the industrial process in the company that manufactures parts of the French aircraft in India.

What is corruption in Rafale deal?

French investigative journal Mediapart has made fresh claims that alleged bogus invoices were used that enabled French aircraft maker Dassault Aviation to pay at least 7.5 million euros in secret commissions to a middleman to help it secure the Rafale deal with India.

Is India overpaying for Rafale to benefit Ambani?

Gandhi has alleged that not only is India overpaying for the Rafale aircraft, it is doing so to benefit businessman Anil Ambani.

What happened to Anil Ambani’s Group companies?

Anil Ambani’s several group companies have declared bankruptcy and numerous assets have been taken over by banks. The latest one in the list is Yes Bank’s takeover of Anil Ambani’s Reliance Group headquarters at Santacruz and two other offices in south Mumbai over the recovery of Rs. 2892 crore loan to Reliance Infrastructure.

Who will walk away from Modi’s Rafale deal?

As a part of the new Modi Rafale “Deal”, 2G scam-tainted Anil Ambani’s Reliance is set to walk away with Rs. 21,000 crore – or nearly 70\% – of the total of Rs. 30,000 crore offset pie. The rest 30\% is being shared by Bharat Electronics, Bharat Dynamics, and other defence contractors.

Who is the new partner of Dassault in the Rafale deal?

Instead, Anil Ambani’s Reliance, which has numerous “red marked” loans from the banks, has emerged as Dassault’s new partner in the new Modi Rafale “Deal”. All defence deals have a mandatory 50\% offset clause meaning that 50\% of the final sales price will have to be spent in India.