Business

CBI charges SAP, IBM, And Former CMD Of Air India For Irregularities In Software Purchases

In relation to suspected irregularities in the national carrier’s 2011 software purchases worth ₹225 crore, the CBI reportedly filed a charge sheet against IBM, SAP India, and the CMD of Air India, according to authorities on Sunday.

People within the investigating agency who are aware of the development said that the CBI has opened a case based on the Central Vigilance Commission’s (CVC) suggestion, which discovered what appeared to be prima facie procedural flaws in the software procurement process.

Following nearly six years of investigation, the CBI has filed a charge sheet under the provisions of the Prevention of Corruption Act and IPC section 120-B (criminal conspiracy) against former CMD Air India Arvind Jadhav, IBM India Private Limited, SAP India Private Limited, and six other parties, they said.

According to the CVC’s report to the CBI, Air India’s chief vigilance officer’s preliminary investigation indicates that the national carrier chose the Enterprise Resource Planning (ERP) software system from SAP AG without adhering to the correct tendering procedure.

Also Read: Ahead Of RBI’s Interest Rate Decision, Stock Markets Close Flat Amid Tumultuous Trade

Srishti Verma

Recent Posts

‘Garv Se Kaho Yeh Swadeshi Hai’: PM Modi Reinforces Call To Buy Local Ahead Of Diwali

Ahead of Diwali, Prime Minister Narendra Modi urged the public to celebrate the festival by…

7 hours ago

Yogi Adityanath Lights Over 1.51 Crore Lamps In Uttar Pradesh; Record 26 Lakh Diyas Illuminate Ayodhya Dham

Uttar Pradesh CM Yogi Adityanath announced that 1.51 crore lamps were lit across the state,…

9 hours ago

UAE’s Sheikh Mohammed & Global Envoys Greet India On Diwali

Leaders and diplomatic missions from the UAE, Singapore, and Iran extended warm Diwali wishes to…

9 hours ago

PIB Debunks Viral WhatsApp Message On Alleged Social Media & Call Monitoring Rules

The Press Information Bureau (PIB) has declared as false a viral WhatsApp message claiming government…

9 hours ago

Prez Murmu & VP Radhakrishnan Extend Warm Diwali Greetings; Urge Responsible Celebration

Prez Murmu and Vice President CP Radhakrishnan have wished citizens a happy Diwali, urging everyone…

10 hours ago

Obesity Linked To Alzheimer’s Risk In Adults With Down Syndrome, Study Finds

Obesity, not metabolic syndrome, is linked to higher Alzheimer’s risk in adults with Down syndrome,…

11 hours ago