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CBI arrests ammunition deal officials over Rs 500 crore bribes
By Drooid · · How we work
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CBI arrests arms execs
- CBI arrested Munitions India Ltd director Anil Kumar and SMPP CEO Ashish Kansal for bribery.
- The arrests involve a Rs 500 crore ammunition contract to SMPP for supply to Indian Army.
- CBI seized Rs 2.23 crore cash from premises in Pune, Mysuru, Bengaluru and Delhi.
- A special CBI court remanded Kumar, his brother B Harshavardhan, and Kansal to custody until Oct 19.
- The defence ministry suspended Kumar and may ban SMPP from future contracts.
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