Wednesday, September 10, 2014

MNC giant Alstom paid bribe to win Delhi Metro contract, UK prosecutor says 
Alstom Network UK has been accused of paying bribes to win infrastructure orders for Delhi Metro between 2000 and 2006.

LONDON/NEW DELHI: The British subsidiary of French train and turbine maker AlstomBSE -1.45 % paid around $8.5 million (nearly Rs 52 crore) in bribes over a six-year period to win transport contracts in India, Poland and Tunisia, Britain's leading fraud prosecutor alleged on Tuesday.

Alstom Network UK, which was charged with six offences of corruption and conspiracy to corrupt in July, allegedly paid bribes to win infrastructure orders for Delhi Metro between 2000 and 2006. It also bri .. Britain's Serious Fraud Office (SFO), which has been investigating Alstom for five years as part of an international criminal inquiry into alleged corruption, said in legal filings published after the first London court hearing on Tuesday that the Alstom unit disguised corrupt payments as consultancy agreements

Rahul kumar Gupta
PGDM, 2 nd Year
An urban development ministry spokesperson said they had not yet got any official communication. "Once we receive the report through official communication, we will seek a detailed explanation from DMRC within a fixed timeframe," he said.

Another official in the ministry said the government could ask DMRC to conduct a detailed inquiry into the alleged bribery though it allegedly happened between 2000 and 2006.

These agreements were struck by Alstom Network UK, certain director ..




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