ED: TMC paid little-known company Rs 160 crore to buy a jet & helicopter
'Paid Another Rs 187Cr As Rent But Didn't Utilise Minimum Guaranteed Hours, Chartered Others For Rs 149Cr'
The Enforcement Directorate (ED) is investigating a Kolkata-based aviation company, Carewell Aviation India Pvt Ltd, for allegedly receiving a substantial sum of Rs 160 crore from the Trinamool Congress (TMC) to purchase an Embraer jet and an Agusta VIP helicopter, which were subsequently rented out to TMC. The investigation centers around the party providing an interest-free security deposit of Rs 88.5 crore to the aviation firm, which had no funds to purchase the aircraft.
Carewell Aviation then transferred the deposit to its offshore entity, Carewell Flyjet IFSC Pvt Ltd, for the subsequent acquisition of the jet and helicopter. The ED suspects the transaction to be an artificial commercial arrangement, lacking any genuine financial rationale. The TMC source stated that the matter is under investigation and no comments are being made.
Written by urgent.news from Times of India's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
