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Drops Of Jupiter

Tatra spares is just one of Rishi’s ‘businesses’

Drops Of Jupiter
Reuters (From Outlook, April 30, 2012)
Drops Of Jupiter
outlookindia.com
-0001-11-30T00:00:00+05:53

Two weeks into the CBI investigating the Tatra Kolos truck deal, and new information suggests that it is not just Tatra trucks that have allegedly been bought for the army in violation of the defence procurement procedures, 2006. Tatra Sipox UK Ltd, the suspect company owned by Ravinder Rishi of the Vectra group of companies, has supplied several other equipment, such as the heavy-duty Atlas cranes used by the Brahmos missiles, heavy recovery vehicle (HRV) AV 15, PMS pontoon bridges and an assortment of other cranes, through the same route. Tatra Sipox procures equipment for Bharat Earth Movers Ltd (BEML), which in turn supplies it to the army. The investigations have also revealed that spare parts for the Tatra trucks—in itself a huge expense needed to maintain spare parts inventories—are being bought not from the original equipment manufacturer (OEM) but from several Slovakia-based suppliers of spare parts through another Vectra company, Jupiter Slovakia spol sro, and handled by a Rishi confidante, Bozena Durdovicova, in the Slovak...

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