Probe agencies are investigating corporate lobbyist Deepak Talwar's links with over 50 domestic and overseas firms that are suspected to be "fronts" to launder illicit funds he got from his clients, according to a probe report.
According to it, Talwar paid bribes to bureaucrats and politicians to secure "favourable" air traffic rights for his foreign clients and received over Rs 272 crore funds from these airlines as "compensation for the favours secured".
Talwar was deported to India from Dubai early this year after which he was arrested by the Enforcement Directorate (ED) and the CBI for his alleged role in lobbying in various UPA-era government deals, primarily in the aviation sector.
He is in judicial custody at present and has denied all allegations made by probe agencies against him.
The businessman has been charged with illegally managing to secure favourable traffic rights for at least three foreign airlines, during 2008-09, at the cost of national carrier, Air India.
The report, accessed by PTI, states, "Investigation revealed that Deepak Talwar used various entities in the name of his son Aditya Talwar, family members and associates to receive the exorbitant amount from Emirates, Air Arabia and Qatar Airways."
"Talwar is a lobbyist who has been in business for long. He uses his proximity with top bureaucrats and politicians to grab the opportunity that comes his way. Using his network of connections, he has opened doors everywhere and attracted various high profile clients spreading across international arena."
"It is unfortunate to mention that the person who has been made responsible for entire design to get favourable air traffic rights for Air Arabia in lieu of the disproportionate compensation from them is Sanjeev Rai Puri and he has departed to the heavenly abode."
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