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CBI Books Arms Dealer For Kickback@ 5.70m $ in Embraer Deal

[New Delhi] CBI Books UK-Based Arms Dealer in Embraer Deal
CBI has registered an FIR against a UK-based arms dealer for allegedly taking kickbacks worth over USD 5.70 million from Brazilian company Embraer in the 2008 three-aircraft deal.
As per sources,these kickbacks were allegedly paid in 2009 through subsidiaries of Embraer via a Singapore based company which is owned by the middleman.
It is alleged that payoffs were routed through Austria and Switzerland.
Preliminary enquiry registered in September, is now converted into a regular FIR
The deal for three aircraft which were to be used by Defence Research and Development Organisation (DRDO) for air-borne radar systems was inked in 2008 with Embraer.
A Brazilian newspaper had alleged that that the company had taken the services of middlemen to clinch deals in Saudi Arabia and India.
According to defence procurement rules of India, middlemen are strictly barred in such deals.
Leading Brazilian newspaper ‘Folha de Sao Paulo’ had reported that the company allegedly paid commissions to a UK-based defence agent to finalise the deal with India..
The company has been under investigation by the US Justice Department since 2010 when a contract with the Dominican Republic raised the Americans’ suspicions,