TEXT OF DEFENCE MINISTRY’S DECISION TO CANCEL VVIP HELICOPTER DEAL WITH AGUSTAWESTLAND


The Government of India has terminated with immediate effect the Agreement that was signed with M/s. AgustaWestLand International Ltd. (AWIL) on 08 February, 2010 for the supply of 12 VVIP/VIP helicopters on grounds of breach of the Pre-contract Integrity Pact (PCIP) and the Agreement by AWIL.

Based on the opinion received earlier from the Attorney General of India, it has been the view of the Government that integrity-related issues are not subject to arbitration.  However, AWIL has since pressed for arbitration and appointed an arbitrator from its side.  In view of this, MoD sought afresh the opinion of the Attorney General.  With a view to safeguard the interests of the Government, MoD has nominated Hon’ble  Mr Justice BP Jeevan Reddy as its arbitrator.

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