TEHELKA:And did you see any other things that…basically how to approach it?Considerable work has been done on the users side…military…they all likedthe product. And they foresee no problems in it going through. It's the fourthgeneration.
BANGARU LAXMAN: (interrupts): …on Brajesh Mishra? How?
TEHELKA: That…that defence people told me, that officers told me, thatbureaucrats also told me this matter.
[Pause]
TEHELKA: Do you see that as…
BANGARU LAXMAN: You see, also there is the PNC [Price NegotiationCommittee]? Tehelka: Sir, there is a PNC there but there is lot ofprocess there before PNC. You know they have to first…evaluation, and thenshort-listing, and then the PNC will come. You know, they are not allowedto…third party inside that…in the evaluation. That is a…
[Pause]
TEHELKA: Are you experienced with defence matters generally?
BANGARU LAXMAN: (nods in assurance): Hmm. No, my experience is…
[Pause]
TEHELKA: Mr. R.K. Gupta told me on that day, I told you, na?
BANGARU LAXMAN: Hmm.
TEHELKA (continues): That through you, sir, he can breakthat one. I said, "I don't, I don't want to…I don't need any third partyto meet Mr. Bangaru Laxman I can go directly to meet Mr. Bangaru." So heasked me 20 lakhs for the meeting to you. I said, "If…but in front of meI cannot…I can give that money to Mr. Bangaru Laxman in a party fund."Sir, that, that also I told Satya also we are ready to give 4 to 5 per cent ascommission. [Laxman nods] Political commission. That other…that we haveto give…rest of that we have to give separate.
TEHELKA: Do we do it with the treasurer? I don't know how do we proceedin this. Do we wire transfer the money?
BANGARU LAXMAN: Yeah, yeah. I will tell you….
TEHELKA: Okay.
[Pause]
TEHELKA: Do you see any problems in that? I mean, we…we are not sayingthat…that this has to happen, in the sense that it's sacramount. But even ifwe have a 25 per cent chance, we're willing to take the risk.
BANGARU LAXMAN: (nodding): That's true.
TEHELKA: So tell me what exactly is the procedure? If you could just tellme the details.
BANGARU LAXMAN: Look…no. Probably you may be knowing the procedurebetter than me.
TEHELKA: Yeah, yeah. That's why I was here. But things don't move inIndia without some political….
BANGARU LAXMAN: Yes, that is true, provided…. We shall try to dothat…
TEHELKA: Yeah.
[Pause]
BANGARU LAXMAN: (continuing): So far we have been taking the helpof Brajesh Mishra to organise this because Brajesh Mishra is there on a numberof committees apart from Principal Secretary to Prime Minister.
TEHELKA: Okay.
BANGARU LAXMAN: And any defence issues, he is…
TEHELKA: Yeah!
BANGARU LAXMAN: (continuing): We normally turn to him because hehas access to the Defence, Foreign and other related ministries.
TEHELKA: Yeah.
BANGARU LAXMAN: But in this you said that somebody…
TEHELKA: Yeah. I don't know how true that thing is. I mean, it's justthat somebody told us. It could be wrong. We're not sure.
BANGARU LAXMAN: Yes. I will…(nods)
TEHELKA: And basically, is he the only person with influence? I'm sureyou carry more influence than him.
BANGARU LAXMAN: It's like…. No, he deals with the bureaucracy….
TEHELKA: Okay.
BANGARU LAXMAN: (continuing): And also conveys the views ofthe bureaucracy to Prime Minister. So he is the liaison between the bureaucracyand the Prime Minister Tehelka: Prime Minister. Okay.
BANGARU LAXMAN: So…therefore, whatever we tell to Prime Minister, healso normally have a word with Mishra.
TEHELKA: Okay.
BANGARU LAXMAN: And then certain things he will say that "No, no,you convey this to Mishra…"
TEHELKA: Okay.
BANGARU LAXMAN (continuing): "…You pass on this informationto Mishra…." That's how things here….
TEHELKA: Okay. So basically he is the lynchpin in all the dealings?
[Laxman nods]
BANGARU LAXMAN: He is. But I'll find out all this information.
TEHELKA: Okay.
BANGARU LAXMAN (continuing): But since this is a…the superiorthing, I think they shouldn't have any kind of…
Tehelka (completing Laxman's sentence): Major roadblock onit?
[Laxman nods]
TEHELKA: Okay.
BANGARU LAXMAN: At…in any case, I'll…. What would be the total worthof the…?
TEHELKA: It could be anything above 200 crores, as they say. So about 50million dollars to 60 million dollars. But then, if you give us the whole order,then that's, like, much more. It'll go up to, like, 600 [crore], so that wouldbe about, I guess, 180 million dollars or something. Two hundred milliondollars.
[Laxman nods]
TEHELKA (continuing): That's…that's …it's much easier for usto transfer funds abroad than deal within India on a day-to-day basis. So we'llcome to know tomorrow or something? Is there…you don't deal with…. There's aMr. Ranjan Bhattacharya also, I'm told. Is he also important?
BANGARU LAXMAN: Well, he is a family member of Prime Minister.
TEHELKA: Okay.
BANGARU LAXMAN: And…he does something. But these things I don't thinkhe will get involved.
TEHELKA: Accha. I was told that he's got a…I mean, lots of projects andall being moved. I don't know how far it's true….
BANGARU LAXMAN: Maybe. I don't say that he might be involving himself inmany other things. But as far as defence things are concerned, I don't think hehas much.
TEHELKA: Yeah.
BANGARU LAXMAN: Somewhat in power projects. This and that.
TEHELKA: Yeah. I believe in Enron he had a major hand to play. And wouldit be like…their accounts, I believe….I mean which banking nerve centers doyou operate in? Do you use Zurich or which cities do you use?
BANGARU LAXMAN: You have to consult our treasurer who will be dealingwith this.
TEHELKA: Okay.
BANGARU LAXMAN: I will have to find out from him first. I have taken overrecently. I was not dealing with these matters earlier…
TEHELKA: Okay.
BANGARU LAXMAN: (continuing): …when I was in party. So I willhave to check up from him. In such cases what…
TEHELKA: Okay.
BANGARU LAXMAN: And so far, you have yet to start. Certain things arein…still in the pipeline. That through establish agent who maintains a liaisonwith the supplier and also with the government.
TEHELKA: Okay.