Vested interests batting for compensation in the Antrix-Devas case

Lalit Shastri

This 2012 news item says it all….

A news item in a popular section of the media with the title “Vodafone, Antrix/ Devas: When government goes back on commitments made, it scares away investors” is obviously batting for the vested interests – especially with regard to the Antrix-Devas agreement that was abandoned due to alleged criminal offence by those who steered and materialised it.

When it comes to Antrix-Dewas, it is not a case of government going back on any commitment. Its a case of crime, where the CBI has already done its investigation and found enough prima facie evidence to book the accused under multiple Sections of IPC and anti corruption law, including criminal conspiracy.

The Indian government is not bound by any compensation ordered by an American Court, any other court or tribunal. The culprits have to be brought to book and that should be the priority of the Government of India.

Check:

Antrix will be better off ignoring the US Court order for enforcement and payment of $1.2 billion compensation to Devas

Antrix-Devas case and PCA: BIPA with Mauritius needs to be relooked at

CBI files charge sheet against former Secretary of Space and ED of Antrix Corporation

CBI files chargesheet against former Secretary of Space and ED of Antrix Corporation

Antrix-Devas Agreement, national security and CBI

CBI registers case in the huge Antrix-Devas scam

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