prasad1
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Hyderabad: Dr K.V.P. Ramachandra Rao, senior politician and close adviser of late chief minister Y.S. Rajasekhar Reddy, has been named along with Ukrainian industrialist Dmitry Firtash and four others by a US grand jury for their suspected roles in an $18.5 million scheme to bribe Indian officials for a titanium mining contract in Andhra Pradesh, the US Justice Department said on Wednesday.
Mr Firtash, who was arrested in March in Austria, was allegedly the mastermind behind the multimillion-dollar scam, said US Justice authorities. He had also allegedly met Dr YSR to discuss a joint venture between his company and the state government.
Dr Ramachandra Rao was not available for comment.
Beginning in 2006, the defendants allegedly conspired to pay at least $18.5 million in bribes to secure licences to mine minerals in AP. The mining project was expected to generate more than $500 million annually from the sale of titanium products, including sales to an unnamed firm, identified as “Company A”, headquartered in Chicago.
The indictment alleges that one of the accused, P. Sunderalingam, a Sri Lankan national, met Dr Ramachandra Rao to allegedly determine the total amount of bribes to be given, and advised others on the results of the meeting.
Mr Sunderalingam identified various foreign bank accounts held in the names of nominees outside India that could be used to “funnel bribes” to Dr Ramachandra Rao who allegedly solicited bribes for himself and others in return for approving licences for the project.
What should be the punishment for raping the country? Why there is no outrage?
If we can not prosecute Mr. Rao let him be extradited.
Rajya Sabha MP K.V.P. Ramachandra Rao faces extradition to the United States to be tried in a Chicago court as the case booked by the FBI against him is an extraditable offence.
The US Illinois court has to pass a warrant order and the same has to be transmitted from the FBI in the US through Interpol to the CBI in India.
The CBI, while executing the warrant, will have to produce the defendant before the Chief Metropolitan Magistrate Court (Extradition Court) Patiala in Delhi and once the extradition court gives its nod, he will be taken to the US for trial. The US can even ask for the provisional arrest of the defendant if it feels the urgency.
Mr Firtash, who was arrested in March in Austria, was allegedly the mastermind behind the multimillion-dollar scam, said US Justice authorities. He had also allegedly met Dr YSR to discuss a joint venture between his company and the state government.
Dr Ramachandra Rao was not available for comment.
Beginning in 2006, the defendants allegedly conspired to pay at least $18.5 million in bribes to secure licences to mine minerals in AP. The mining project was expected to generate more than $500 million annually from the sale of titanium products, including sales to an unnamed firm, identified as “Company A”, headquartered in Chicago.
The indictment alleges that one of the accused, P. Sunderalingam, a Sri Lankan national, met Dr Ramachandra Rao to allegedly determine the total amount of bribes to be given, and advised others on the results of the meeting.
Mr Sunderalingam identified various foreign bank accounts held in the names of nominees outside India that could be used to “funnel bribes” to Dr Ramachandra Rao who allegedly solicited bribes for himself and others in return for approving licences for the project.
What should be the punishment for raping the country? Why there is no outrage?
If we can not prosecute Mr. Rao let him be extradited.
Rajya Sabha MP K.V.P. Ramachandra Rao faces extradition to the United States to be tried in a Chicago court as the case booked by the FBI against him is an extraditable offence.
The US Illinois court has to pass a warrant order and the same has to be transmitted from the FBI in the US through Interpol to the CBI in India.
The CBI, while executing the warrant, will have to produce the defendant before the Chief Metropolitan Magistrate Court (Extradition Court) Patiala in Delhi and once the extradition court gives its nod, he will be taken to the US for trial. The US can even ask for the provisional arrest of the defendant if it feels the urgency.
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