• Latest
  • Trending
  • All
  • Industry
  • Compliance
  • Global Trade
  • Industry
  • Sustainability & Ethics
  • Video
  • Security & Risk
A fighter jet, manufactured by BAE Systems, is taking off from the runway.

India Initiates Graft Case Against BAE Systems and Rolls-Royce Over Jet Trainer Procurement

05/29/2023
U.S. Tariff Threats Raise Concerns for Bangladesh’s Garment Industry

U.S. Tariff Threats Raise Concerns for Bangladesh’s Garment Industry

05/06/2025
Ford Expects $1.5bn Profit Impact Due to Trump Tariffs

Ford Expects $1.5bn Profit Impact Due to Trump Tariffs

05/06/2025
Mattel Accelerates Shift Away from China as Tariffs Impact Toy Industry

Mattel Accelerates Shift Away from China as Tariffs Impact Toy Industry

05/06/2025
U.S. Tariff Adjustments Influence Global Trade Dynamics

U.S. Tariff Adjustments Influence Global Trade Dynamics

05/05/2025
Trump Says He Will Call CEOs Over Business Decisions He Disagrees With

Trump Says He Will Call CEOs Over Business Decisions He Disagrees With

05/05/2025
Fed Maintains Caution Amid Tariff Uncertainty

Fed Maintains Caution Amid Tariff Uncertainty

05/05/2025
US Solar Tariffs Could Boost Southeast Asia’s Energy Shift

US Solar Tariffs Could Boost Southeast Asia’s Energy Shift

05/05/2025
Trump Proposes 100% Tariff on Foreign Films

Trump Proposes 100% Tariff on Foreign Films

05/05/2025
EU Reassesses Trade Strategy Amid US Tariff Threats and Chinese Overtures

EU Reassesses Trade Strategy Amid US Tariff Threats and Chinese Overtures

05/05/2025
Philippine officials report productive tariff talks with United States

Philippine officials report productive tariff talks with United States

05/05/2025
Australian Prime Minister Discusses Tariffs and AUKUS with Former President Trump After Re-Election

Australian Prime Minister Discusses Tariffs and AUKUS with Former President Trump After Re-Election

05/05/2025
Vietnam Maintains Growth Target Amid U.S. Tariff Challenges

Vietnam Maintains Growth Target Amid U.S. Tariff Challenges

05/05/2025
supplychainreport
Sunday, May 11, 2025
  • Home
  • Industry
    • Supply Chain
    • Logistics & Transportation
    • Importing & Exporting
    • Manufacturing
    • Warehousing & Distribution
  • Compliance
    • Supply Chain Transparency
    • Anti-Money Laundering (AML)
    • Know Your Customer (KYC)
    • Risk Management
    • Export Controls
    • Sanctions
  • Global Trade
    • Market Trends
    • Economic Indicators
    • Sourcing
    • Trade Policies
    • International Relations
    • Trade Agreements
    • Tariffs & Duties
    • Import/Export Statistics
  • Luxury Goods
  • Industry
    • Blockchain in Supply Chain
    • Importing & Exporting
    • Automation & Robotics
    • Artificial Intelligence in Trade
    • Data & Analytics
  • Sustainability & Ethics
    • Green Supply Chains
    • Sustainable Logistics
    • Ethical Sourcing
    • Corporate Social Responsibility
    • Environmental Policies
  • Security & Risk
    • Cybersecurity in Trade
    • Fraud & Scams
    • Risk Mitigation
    • Security Protocols
    • Data Protection
  • ITC News
    • ITC Featured Members
    • ITC Business Councils Highlights
  • Events
    • Upcoming Conferences
    • Upcoming FREE Educational Webinars
No Result
View All Result
supplychainreport
No Result
View All Result

India Initiates Graft Case Against BAE Systems and Rolls-Royce Over Jet Trainer Procurement

by Richie
05/29/2023
in Compliance, Risk Management

YOU MAY ALSO LIKE

Liberia’s Lonestar Cell MTN Mobile Money Fined for AML/CFT Compliance Failures

AI in Risk Management: Current Applications, Future Potential, and Limitations

India has officially filed a corruption case against British companies BAE Systems plc and Rolls-Royce Holdings, accusing them of “criminal conspiracy” in the procurement and licensed manufacturing of 123 advanced jet trainers, according to a federal police document.

The case stems from an investigation launched by India’s Central Bureau of Investigation (CBI) in 2016, as detailed in the document dated May 23.

Rolls-Royce responded on Monday, stating its continued cooperation with Indian authorities in the investigation. The company noted that the allegations under scrutiny were disclosed in 2017 when it paid a fine to British authorities. A Rolls-Royce spokesperson emphasized the company’s commitment to ethical standards, stating, “Rolls-Royce today is a fundamentally different business. We will not tolerate business misconduct of any sort and are committed to maintaining high ethical standards.”

India’s defence ministry did not provide a response to requests for comment. BAE Systems refrained from commenting on the ongoing investigation, citing its inappropriate nature.

As per the document seen by Reuters, the allegations revolve around manufacturers of the trainer jet paying commissions to middlemen, breaching Indian defence contract rules. These intermediaries allegedly used “undue influence” on government officials to secure contracts.

The document also claimed that Rolls-Royce India and its officials engaged in a criminal conspiracy with unknown officials from the defence ministry and two middlemen between 2003 and 2012, relating to contracts linked to the trainer jets.

In 2005, India entered a deal to purchase 24 Hawk 115 advanced jet trainers and licensed manufacturing of 42 jets, along with material supply and technology transfer. The CBI document suggested that these agreements were facilitated through “huge bribes, commissions, and kickbacks” paid by the manufacturers and their officers to intermediaries.

Between 2008 and 2010, the Indian government reportedly approved the licensed manufacturing of an additional 57 jets under a separate agreement with BAE Systems (Operations) Ltd, for a sum of 95 billion rupees ($1.16 billion).

The investigation is a continuation of Britain’s Serious Fraud Office (SFO) inquiry launched in 2012, which examined Rolls-Royce’s payments linked to transactions in various countries, including China, India, Indonesia, Malaysia, and Thailand. Rolls-Royce settled the case with the SFO in 2017 by paying a fine of 497 million pounds ($614.19 million).

Stay on top of supply chain news with The Supply Chain Report. Enhance your international trade knowledge with free tools from ADAMftd.com.

#IndiaCorruptionCase #BAESystems #RollsRoyce #JetTrainerInvestigation #CBIIndia #DefenseScandal #HawkTrainerJets #EthicalStandards #AntiCorruption #DefenseProcurement #RollsRoyceIndia #BAESystemsIndia

ShareTweet

Subscribe Our Newsletter

Share Your News

Whether it’s a groundbreaking achievement, a heartwarming tale, or an insightful perspective, we want to hear it. Share your news with us, and let’s amplify your voice in the digital symphony of stories.

Submit

A man is riding a bike on a hill.

The Supply Chain Report is your essential daily news website, serving as a trusted source for comprehensive coverage of the complex and ever-evolving global supply chain dynamics. Our expert team delves into the intricacies of international trade, manufacturing, logistics, importing, exporting, and supply chain management; providing in-depth analysis and up-to-date news on the latest trends, disruptions, and technological advancements affecting industries worldwide. From detailed reports on international trade through to insights into procurement strategies and inventory management, we offer valuable content that helps professionals stay informed and make knowledgeable decisions in a fast-paced market.

Each day, we bring you cutting-edge news and expert commentary that dissect significant international trade and supply chain issues Our coverage spans a wide array of sectors including manufacturing, retail, healthcare, food, consumer goods, and technology, ensuring that no matter your field, you have the strategic information needed to navigate the challenges and opportunities of today’s supply chain landscape. By synthesizing complex data and presenting actionable insights, The Supply Chain Report empowers business leaders, policymakers, and logistics professionals to optimize their operations and drive forward with confidence in an interconnected world.

Connect With Us

  • About
  • Events
  • Privacy Policy
  • Contact Us

© 2024 International Centre for Trade Transparency Limited. Incorporated in the United Kingdom.

No Result
View All Result
  • Home
  • Industry
    • Supply Chain
    • Logistics & Transportation
    • Importing & Exporting
    • Manufacturing
    • Warehousing & Distribution
  • Compliance
    • Supply Chain Transparency
    • Anti-Money Laundering (AML)
    • Know Your Customer (KYC)
    • Risk Management
    • Export Controls
    • Sanctions
  • Global Trade
    • Market Trends
    • Economic Indicators
    • Sourcing
    • Trade Policies
    • International Relations
    • Trade Agreements
    • Tariffs & Duties
    • Import/Export Statistics
  • Luxury Goods
  • Industry
    • Blockchain in Supply Chain
    • Importing & Exporting
    • Automation & Robotics
    • Artificial Intelligence in Trade
    • Data & Analytics
  • Sustainability & Ethics
    • Green Supply Chains
    • Sustainable Logistics
    • Ethical Sourcing
    • Corporate Social Responsibility
    • Environmental Policies
  • Security & Risk
    • Cybersecurity in Trade
    • Fraud & Scams
    • Risk Mitigation
    • Security Protocols
    • Data Protection
  • ITC News
    • ITC Featured Members
    • ITC Business Councils Highlights
  • Events
    • Upcoming Conferences
    • Upcoming FREE Educational Webinars

© 2024 International Centre for Trade Transparency Limited. Incorporated in the United Kingdom.