Story perspectives
CBI Arrests MIL Executive Over INR500 Crore Ammunition Deal
By Drooid · · How we work
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Story summary
- CBI arrested Munitions India Limited executive director Anil Kumar, SMPP Ltd CEO Ashish Kansal, and Kumar’s brother B Harshavardhan.
- Searches recovered INR2.23 crore cash from Kumar’s premises in Pune, Mysuru, Bengaluru and Delhi.
- Arrests relate to a INR500 crore ammunition supply contract awarded by MIL to SMPP Ltd.
- FIR says Kumar expected a bribe from Kansal on October 12.
- Investigators allege Kumar parked illicit proceeds through his wife, brother and other relatives.
