Rafale deal row: French NGO files complaint against Dassault

Agencies
November 24, 2018

Paris, Nov 24: French non-governmental organisation (NGO) Sherpa has filed a complaint against aviation giant Dassault to clarify the conditions under which the Rafale deal was made with India in 2016.

The complaint, which has been lodged with the National Financial Prosecutor's Office, further sought details over Dassault's choice to have Reliance group as a partner.

The complaint was lodged on October 26 this year and it "follows the complaint lodged on the 4th of October 2018 by a former Indian Minister and an anti-corruption lawyer with the Central Bureau of Investigation in New Delhi, against the Indian Prime Minister Narendra Modi for "abuse of authority" and "grant of undue advantages" in connection with the sale of Rafale, and the facts revealed by Mediapart and Sherpa's investigation," according to an official press release of Sherpa.

"Anil Ambani, Narendra Modi's close associate, Eric Trappier, CEO of Dassault Aviation, and the former Indian Minister of Defense Manohar Parrikar have also been targeted in the complaint filed in New Delhi for 'complicity'," said Sherpa while referring to a complaint filed by former ministers Yashwant Sinha and Arun Shourie, and Supreme Court advocate Prashant Bhushan on October 4 in New Delhi.

"Sherpa expects the National Public Prosecutor's Office to promptly investigate the seriousness of the facts and the presumptions on the reported offences: potential corruption, grant of undue advantages, trading in influence, complicity of these offences, concealment of corruption and laundering of these offences," the statement further mentioned.

Founder of Sherpa William Bourdon said, "France cannot do less than India. Cooperation between both countries should be rapidly established, as it is always the case with international grand corruption investigation. Moreover, the hearing of great witnesses is possible and desirable."

However, serious doubts regarding Sherpa's credibility have risen as reports accusing the French NGO chief's involvement in "meddling in African politics" have surfaced on International Policy Digest. The website has laid grave charges against Bourdon and alleged that the NGO is notorious for "destroying the reputation of (specifically) large-scale and vulnerable companies to gain "media attention and funds" in exchange".

Despite the claims, Sherpa's announcement of the filed complaint comes at a time when the Rafale deal controversy has been on the boil.

On November 14 this year, India's Supreme Court had reserved its verdict on the filed petitions that demanded a court-monitored probe into the Rafale deal in which the Indian government bought 36 ready-to-fly jets in a government-to-government deal with France.

Leaders in the Indian opposition have been alleging irregularities in the high-profile deal, with main opposition party Congress president Rahul Gandhi recently challenging Indian Prime Minister Narendra Modi to participate in a debate over the details of the deal.

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Agencies
January 6,2020

Lucknow, Jan 6: Undeterred by the large scale protests that claimed as many as 20 lives in the state, Uttar Pradesh government has started the process of implementing the controversial Citizenship (Amendment) Act.

According to sources in the government, the district magistrates have been directed to identify the migrants from Pakistan, Bangladesh and Afghanistan, who have been living in their districts.

Sources said that the state home department has given oral instructions to the district magistrates. ''No written orders have been issued,'' said a senior official here preferring anonymity.

The official said that the district magistrates would be preparing a list containing names of those minorities, who had migrated from these countries following their persecution and had been living without obtaining the citizenship of India.

According to sources, the government expected that the migrants, who could be eligible for the Indian citizenship in accordance with the CAA, could be more in number in the districts, including Rampur, Ghaziabad, Shahjahanpur, Lucknow and some others.

''The list will be sent to the union home ministry,'' the official added.

Sources said that the state government will also inform the centre about the ''illegal Muslim migrants'' for their ultimate deportation to their countries of origin.

Different parts of UP had witnessed large scale violence last month during the protests against the CAA. At least 20 people, mostly youngsters, were killed allegedly in police firing and many others were injured. The state government had denied the charge. 

Alleged police excesses during and after the protests triggered a nationwide outrage with several rights organisations and activists slamming the BJP government and demanding a high-level probe into the allegations.

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News Network
June 2,2020

Jun 2: A new female billionaire has emerged from one of Asia's most-expensive breakups.

Du Weimin, the chairman of Shenzhen Kangtai Biological Products Co., transferred 161.3 million shares of the vaccine maker to his ex-wife, Yuan Liping, according to a May 29 filing, immediately catapulting her into the ranks of the world's richest.

The stock was worth $3.2 billion as of Monday's close.

Yuan, 49 this year, owns the shares directly, but signed an agreement delegating the voting rights to her ex-husband, the filing shows. The Canadian citizen, who resides in Shenzhen, served as a director of Kangtai between May 2011 and August 2018. She's now the vice general manager of subsidiary Beijing Minhai Biotechnology Co. Yuan holds a bachelor's degree in economics from Beijing's University of International Business and Economics.

Kangtai shares have more than doubled in the past year and have continued their ascent since February, when the company announced a plan to develop a vaccine to fight the coronavirus. They slipped for a second day Tuesday following news of the divorce terms, losing 3.1% as of 9:43 a.m. in Hong Kong and bringing the company's market value to $12.9 billion.

Du's net worth has now dropped to about $3.1 billion from $6.5 billion before the split, excluding his pledged shares.

The 56-year-old was born into a farming family in China's Jiangxi province. After studying chemistry in college, he began working in a clinic in 1987 and became a sales manager for a biotech company in 1995, according to the prospectus of Kangtai's 2017 initial public offering. In 2009, Kangtai acquired Minhai, the company Du founded in 2004, and he became the chairman of the combined entity.

China's rapidly growing economy has been an engine for the country's richest, and Du is not the only tycoon who's had to pay a steep price for a divorce. In 2012, Wu Yajun, at one point the nation's richest woman, transferred a stake worth about $2.3 billion to her ex-husband, Cai Kui, who co-founded developer Longfor Group Holdings Ltd. In 2016, tech billionaire Zhou Yahui gave $1.1 billion of shares in his online gaming company, Beijing Kunlun Tech Co., to ex-wife Li Qiong after a civil court settlement.

Sometimes, a goodbye can be time-consuming too. South Korean tycoon Chey Tae-won's wife filed a lawsuit in December asking for a 42.3% stake in SK Holdings Co. valued at $1.2 billion. That would make her the second-largest shareholder of the company should she win the case, which is still ongoing.

The most expensive divorce in history is that of Jeff and MacKenzie Bezos. The Amazon.com Inc. founder gave 4% of the online retailer to Mackenzie, who now has a $48 billion fortune and is the world's fourth-richest woman.

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News Network
July 9,2020

New Delhi, Jul 9: India reported the highest single-day spike of 24,879 new positive cases and 487 deaths in the last 24 hours, taking the total number of COVID-19 cases in the country to 7,67,296, according to the Union Ministry of Health and Family Welfare.

Out of the total number of cases, 2,69,789 are active, 4,76,378 have been cured/discharged/migrated and 21,129 have died.

Maharashtra remains the worst-affected state due to COVID-19 with as many as 2,23,724 cases, including 91,084 active, 1,23,192 cured/discharged and 9,448 deaths.

It is followed by Tamil Nadu (1,22,350) and Delhi (1,04,864).

Meanwhile, a total of 1,07,40,832 samples have been tested for COVID-19 till July 8. Of these, 2,67,061 samples were tested yesterday, stated Indian Council of Medical Research (ICMR).

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