Embraer deal: India’s enforcement directorate registers money laundering case
16 Nov 2016

After India’s Central Bureau of Investigation (CBI), the Enforcement Directorate (ED) has now registered a money laundering case to probe the alleged payment of USD 5.7 million kickbacks in the 2008 Embraer aircraft deal.

Officials said the agency has filed a criminal complaint under provisions of the Prevention of Money Laundering Act (PMLA) based on a CBI FIR filed in this case last month.

They said the agency will now begin issuing summons to the accused.

The CBI had booked NRI arms dealer Vipin Khanna and two companies – Brazil-based Embraer and Singapore-based Interdev Pte Ltd–over alleged payment of commission in the aircraft deal with Embraer worth USD 210 million.

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