Rajiv Saxena named accused in IFFCO corruption case
The Hindu
In the case involving IFFCO MD, commissions paid by overseas suppliers diverted through Saxena’s firms: CBI
Rajiv Saxena, who has been named as an accused in the case registered by the Central Bureau of Investigation against the managing director and chief executive officer of Indian Farmers Fertiliser Co-operative Limited (IFFCO) and others, is also being probed in the AgustaWestland case. Accused of having facilitated transfer of kickback money in the VVIP chopper deal case, Mr. Saxena was brought to India from Dubai on board a special plane in January 2019. He had been operating from the United Arab Emirates for the past over two decades. In July 2017, the Enforcement Directorate had arrested his wife Shivani on money laundering charge. In the latest case involving IFFCO Managing Director U.S. Awasthi, the First Information Report (FIR) states that the accused persons conspired to fraudulently import fertilizers and raw materials at inflated rates and claim higher subsidy from the government in 2007-2014. Commissions paid by the overseas suppliers for Mr. Awasthi and others were diverted through Mr. Saxena’s companies, as alleged.More Related News