A survey by Transparency International UK says Indian companies, especially those that have been in the field for quite a few years need to do much more.
The Defence Ministry is planning to cancel the BEML order, worth over Rs 50 lakh, given to UK-based Tatra Sipox for supplying one truck, in the wake of the CBI probe into the allegations of irregularities in the supply of these vehicles.
The clock has started ticking for suspended BEML chief VRS Natarajan after the Central Bureau of Investigation (CBI) has got the sanction to prosecute him. The agency believes Natarajan took favours from Vectra chief Ravi Rishi and is ready to file a chargesheet against him.
Public Sector Undertaking BEML had supplied Tatra trucks worth Rs 5,000 crore to the Army by procuring them from Tatra Sipox UK allegedly "emphasising" that it was dealing with a fully-owned subsidiary of the Czech manufacturers and not any agent or trading company, which was "false", CBI has alleged in its FIR.
In the backdrop of controversy over Tatra trucks, defence minister A K Antony today issued a stern warning to state-owned defence companies asking them to maintain transparency in their dealings with the armed forces.
After dropping the bribe bomb, Army Chief General V K Singh has now written a letter to the Central Bureau of Investigation (CBI), detailing the attempt to bribe him.
Comptroller and Auditor General (CAG) has rapped BEML for premature booking of Tatra trucks, reports The Economic Times.