Scorpene deal scam

The Scorpène deal scam was an alleged Indian bribery scandal, in which USD 1750 million (Rupees 1,100 crores) were alleged to have been paid to the Government of India’s defence procurement decision makers by Thales, a French defence and aerospace company. In 2005, the Minister of Defence, Pranab Mukherjee, approved the deal to build Scorpène-class submarines, which was worth US$3 billion (Rupees 19,000 crores) with Thales. However, in 2008, the Central Bureau of Investigation (CBI), found no evidence of corruption in the deal. Scorpène-class submarines were then built in India under a technology transfer agreement that as part of the submarine deal and are now operational with the Indian Navy.

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