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Mistry’s disclosures: Aviation Ministry to look into issues
Published on October 28, 2016
New Delhi: Aviation Ministry today said that it will look into all the issues pertaining to the allegations raised by erstwhile Tata Sons Chairman Cyrus Mistry on fraudulent transactions at Air Asia India.
Civil Aviation Minister Ashok Gajapathi Raju told reporters that all issues would be looked into and law of the land will have to be followed in case of any violation.
The comments come as Mistry’s allegations became public wherein he wrote a letter about certain financial irregularities regarding AirAsia India, where Tatas are a partner, including a “fraudulent transaction” of Rs 22 crore.
Earlier in the day, the ministry officials had said they are keeping a close watch on developments related to the purported disclosures made by Mistry about AirAsia India and will act if something actionable is brought to its notice.
