N Ram’s report says the provisions of DPP-2013 concerning the provisions for arbitration and access to books of accounts of the industrial suppliers (Article 12) have been waived off by the Modi government, which the government didn’t disclose before the Supreme Court.
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N Ram, in his latest report in Hindu, has revealed that the cost of including bank guarantees, which the French suppliers in Rafale deal refused to follow, has cost India €574 million. This increased the estimated cost of the deal of 35 Rafale jets to €7.87 billion.
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Ram’s report also says the officials had also expressed concern, in their note, about government’s decision to settle for “letter of comfort” instead of sovereign guarantee from the French government.
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N Ram, in his latest revelation about Rafale deal, has reported that the Modi-government had intentionally waived provisions for anti-corruption penalties before signing the inter-governmental agreement of the €7.87 billion Rafale deal.
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In a fresh exposé by the Hindu newspaper on the Rafale deal, veteran journalist N Ram has revealed that parallel negotiations with the French team were conducted by the PMO at the crucial time of the negotiations.
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