- Suresh Nanda
Lt-Cmdr Suresh Nanda is an
India n arms dealer and head of the firm Crown Corporation. An ex-naval officer, Suresh Nanda was implicated in theTehelka sting operation West End for giving bribes in at least two transactions:
*Barak Missile Deal Scandal : allegedly gave Rs. 2 crores toJaya Jaitly , friend and colleague of defence ministerGeorge Fernandes . Currently being investigated by theCentral Bureau of Investigation (CBI)cite news
title = Dubious deal: The CBI files a case on the allegations of corruption in the Barak missile system deal with Israel in 2000.
author = V. Venkatesan
publisher =Frontline (magazine)
url = http://www.hinduonnet.com/fline/fl2321/stories/20061103001804100.htm
date =2006-11-03
accessdate = 2007-06-16] [cite news
title = Claridges mulls IPO to finance new hotels
author = Garima Singh
publisher = The Telegraph
url = http://www.telegraphindia.com/1061030/asp/business/story_6933839.asp
accessdate = 2007-06-17] .
* an Armoured Recovery vehicle fromSlovakia : allegedly paid Rs. 1 crore paid to R.K. Jain, treasurer of theSamata Party , headed by Defence MinisterGeorge Fernandes ).Suresh Nanda is the son of
S. M. Nanda , who also joined the weapons trade after his retirement.Suresh Nanda's son
Sanjeev Nanda is currently facing charges in the BMW case. The charges against him are that he and two friends were returning from a party at three in the morning, possibly under the influence of alcohol, when they ran through a police checkpost, killing three policemen and three others before escaping. By the morning, the BMW vehicle had been traced to a friend's house where it was found while being cleaned of bloodstains and human remains [cite news
title = Charged with culpable homicide
publisher =Indian Express
url = http://www.indianexpress.com/res/web/pIe/ie/daily/19990409/ige09182.html
date = 1999-04-08
accessdate = 2007-07-16] .Suresh Nanda also owns the Claridges Hotels and Resorts (CHR) group ( [http://www.claridges-hotels.com/] ), with its flagship hotel in
New Delhi , which has recently acquired the Sea-Rock hotel inBandra ,Mumbai [cite web
title = Claridges gains full ownership of SeaRock Hotel
publisher = BusinessLine/The Hindu
date = Sept. 14, 2005
url = http://www.blonnet.com/2005/09/15/stories/2005091502261900.htm] . Sanjeev Nanda is the chairman of the group.Barak Missile Scandal
On
2000-10-23 , a $200 million order was placed onIsrael Aircraft Industries (IAI) for seven Barak Missile systems, along with armament fromRAFAEL Armament Development Authority to be installed onIndian Navy ships. Crown Corporation acted on behalf of IAI and according to the following excerpt fromTehelka 's clandestine videos, paid 1crore to R.K. Jain to get the order passed. The discussions here are illustrative of defence deals conducted by Suresh Nanda (possibly, most arms dealers in India).:There is another Suresh Nanda deal in which he gave an advance of Rs 1 crore to R. K. Jain for the Samata Party. ...:*R.K. JAIN: Our help at times is a very big help. Like Barak was the case. Barak, you know is a system which is set on the ships, for Naval ships. And it i air-to-air...surface-to-surface missile . The file was going on for purchase of seven Barak, plus the ammunition from a company called Rafael inIsrael . Abdul Kalam...the file went twice. I told you...DRDO , the head of the research and development wing is the scientific advisor to the defence, Abdul Kalam. Nowadays Atre is there. Abdul Kalam has retired. So, he wrote on the file that, "Look, we are developing our Prithvi or Trishul. Trishul missiles. I think, according to my...according to me, the Prithvi should be...or Trishul should be set up on our naval ships. There is no point of buying this imported system Barak.":*TEHELKA: That is not missile. That is a system.:*R.K. JAIN: Again, I just do my job. How do I do? The scientific advisor is also on the above of George Fernandes now. He gave me one crore rupees. "You keep it with you. Whether this order is being done or not done, I don't care. But I want to give it to the party. You give it and please try and help me. Money is not a problem." I went and paid.... I told Jaya Jaitly, "Look, so much of money he has already given to me now. If you accept it, that means we have to do something for the party. If you don't accept it, well, I'll go and give it back. But only accept it when we feel that we can do something. Otherwise, he won't say anything to me, but he won't feel good. He won't feel nice." She said, "Give me time for two days." She kept the money. After two days, she says, "I've spoken to the boss. Don't worry. He said he'll make everything fine." cite web
last=
publisher = Tehelka.com
title = Tehelka Tapes (transcript)
url= http://www.tehelka.com/home/20041009/operation/investigation21.htm
page=21
accessdate=2006-08-17] .In the
First Information Report filed2005-10-09 ,CBI mentioned large payments from the firmMTU Aero Engines (a supplier toIsrael Aircraft Industries ) into the bank accounts of Dynatron Services, a company managed by Suresh Nanda and his family members during the relevant period. Two companies controlled by Sudhir Choudhary (a relative and a former business associate of Nanda) Magnum International Trading Co. Ltd (MITCL) and Eureka Sales Corporation (ESC), were found to have received suspicious remittances to the tune of millions of dollars fromIsrael Aircraft Industries during 1998-2001.Armoured Recovery Vehicle
Here the bribes allegedly paid by Nanda helped disqualify a lower-priced competitor.
:*R.K. JAIN: Suresh Nanda approached me for armoured recovery vehicle. He was the agent for the Slovakian company.... There were 250 vehicles were there. The tender was worth say 250 crores.:*TEHELKA: Okay.:*R.K. JAIN: There were two...three, competitions - Slovakia, Czechoslovakia and there was a company from Poland.:*TEHELKA: Okay.:*R.K. JAIN: Boomer.:*TEHELKA: Yeah, yeah, that jet plane and everything.:*R.K. JAIN: Nanda approached me. Czechoslovakia's price was the lowest, second Slovakian, third was the Poland. :*TEHELKA: Haan, Haan.:*R.K. JAIN: He said, "I will give you one crore rupees in advance...":*TEHELKA: Okay.:*R.K. JAIN: "You get disapproved the last one...Czechoslovakia because they are so lower that we cannot match their price." :*TEHELKA: Okay.:*R.K. JAIN: "If you can push him out. Delegation is going on to the...delegation has been ordered to go to Czechoslovakia. Stop this delegation, and technically reject this company. Here are the documents." :*TEHELKA: Hmm.:*R.K. JAIN: "By which it's proved that this company is closed for the last two years. They will start only after getting this order." :*TEHELKA: Yeah, yeah.:*R.K. JAIN: "I will give one crore rupees. And I will give you...if they are technically disapproved, then you are my agent." ... I said, "Fine." He gave me the correspondence. I took the correspondence to George. :*TEHELKA: Hmm.:*R.K. JAIN: And he said, "All right, I'll reject it." He is a very intelligent man. Next day he called Rajiv Goba. :*TEHELKA: Hmm.:*R.K. JAIN: He said, "Ring up to this Indian Embassy in Czechoslovakia and find out whether this company is closed for the last two years or not." :*TEHELKA: Hmm.:*R.K. JAIN: And he rang up. It was closed.
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