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Business Standard : Congress chief Rahul Gandhi Friday alleged that Dassault Aviation paid Rs 2.84 billion to Anil Ambani's Reliance Defence as the "first installment of kickbacks" and claimed Prime Minister Narendra Modi was having "sleepless nights" fearing action if a probe was conducted into the Rafale deal . He also alleged that CBI chief Alok Verma was removed as he wanted to investigate the deal. There was no immediate reaction from the government and Ambani on the fresh charges made by Gandhi. However, they have previously rejected all allegations made over the Rafale deal. Dassault Aviation CEO ric Trappier has said the reason Ambani's firm was given the offset contract and not state-run Hindustan Aeronautics Limited (HAL) was that it had land for the project, he said, alleging the land was purchased by Ambani's company with the money that Dassault gave. "Dassault gave Rs 2.84 billion to a loss-making company with a valuat...

The chairman of Reliance Group , Anil Ambani , denied allegations made by Congress President Rahul Gandhi that his firm will benefit by “thousands of crores” with the signing of the defence offset contract between France’s Dassault Aviation SA and Reliance Defence. In a letter sent to Rahul Gandhi last week, Ambani said the Congress has been “misinformed, misdirected and misled” by vested interests and corporate rivals on the Rafale offset exports and work share. Calling all the allegations as “baseless, ill-informed and unfortunate”, Ambani also expressed his deep anguish over continued personal attacks against him by Rahul Gandhi. The Congress had alleged that rules related to defence ministry approvals and audits were ignored in the offset contracts between Dassault and Reliance even as the government ignored public sector unit, Hindustan Aeronautics (HAL), which had won the earlier contract. An offset contract requires a foreign manufacturer that wins a defence contract in...