Indian court rejects call for probe into jet deal with France's Dassault
Reuters
Published Dec 14, 2018 12:34AM ET
Indian court rejects call for probe into jet deal with France's Dassault
NEW DELHI (Reuters) - India's Supreme Court rejected petitions on Friday seeking an investigation into a fighter jet deal worth an estimated $8.7 billion with France's Dassault Aviation (PA:AVMD), saying there was no evidence of wrongdoing.
Prime Minister Narendra Modi's deal for the purchase of 36 Rafale planes has become a major political controversy because of the escalating price and a decision to pick billionaire Anil Ambani's Reliance Defense as a domestic partner.
However, the court headed by Chief Justice Ranjan Gogoi dismissed the petitions calling for the establishment of a special investigation team to probe the deal.
"We don't find any material to show it is commercial favoritism," Gogoi said.
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Written By: Reuters
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