Dassault CEO Rubbishes Charges Leveled by Rahul Gandhi over Rafale

Apr 20, Saturday


Dassault CEO Rubbishes Charges Leveled by Rahul Gandhi over RafaleTop Stories

November 13, 2018 09:17
Dassault CEO Rubbishes Charges Leveled by Rahul Gandhi over Rafale

(Image source from: usinenouvelle.com)

Eric Trappier, the Chief Executive Officer of Dassault Aviation in an exclusive interview to ANI rubbished claims made by Congress Party president Rahul Gandhi that the former falsified over the details of the Dassault-Reliance Joint Venture (JV) for offset contracts in the Rafale Jet deal.

"I don't lie. The truth I declared before and the statements I made are true. I don't have a reputation for lying. In my position as CEO, you don't lie," said Trappier when asked to respond to Rahul Gandhi's charge that Dassault was covering up for possible cronyism in awarding the offset deal to Anil Ambani-led Reliance Group.

Rahul Gandhi, in a press conference on November 2, alleged that Dassault invested Rs 284 crore in a loss-making company promoted by Anil Ambani which was used to procure land in Nagpur. "It is clear the Dassault CEO is lying. If an inquiry starts on this Modi is not going to survive it. Guaranteed," added Gandhi.

Speaking to ANI in the Dassault hangar housed in Istres-Le Tubé Airbase located North of the French city of Marseille, Dassault's CEO Eric Trappier said that they had prior experience dealing with the Congress party and the comments made by the Congress president made him sad.

"We have a long experience with the Congress party. Our first deal was with India in 1953 with Nehru and other Prime Ministers. We have been working with India. We are not working for any party. We are supplying strategic products like fighters to the Indian Air Force (IAF) and the Indian Government. That is what is most important," said Trappier.

When pressed further for the reason behind Dassault's choice of Reliance as an offset partner which had no experience in manufacturing fighter jets, Trappier clarified that the money being invested was not going to Reliance directly but in a Joint Venture (JV) that included Dassault.

"We are not putting the money in Reliance. The money is going into the JV. I put my know-how free of charge on how to produce people. I have engineers and workers from Dassault who are taking the lead as far as the industrial part of this deal is concerned. At the same time, I have an Indian company like Reliance who is putting money into this JV as they want to develop their country. So the company is going to know how to produce aircraft," added Trappier.

Trappier clarified further about the investments being made by Dassault, adding that Reliance would match the amount since the shareholding pattern is 49 percent Dassault and 51 percent Reliance as per prescribed Government norms.

"We are supposed to put in this company together about Rs 800 crore as 50:50. For the time being, to start work in the hangar and to pay workers and employees, we have already put Rs 40 crore. But it will be increased to Rs 800 crore, which implies Rs 400 crore by Dassault in the coming five years," said Trappier.

-Sowmya Sangam

If you enjoyed this Post, Sign up for Newsletter

(And get daily dose of political, entertainment news straight to your inbox)

Rate This Article
(0 votes)
Tagged Under :
Dassault aviation  Rahul Gandhi  Rafale  
Dassault CEO Rubbishes Charges Leveled by Rahul Gandhi over Rafale

Dassault CEO Rubbishes Charges Leveled by Rahul Gandhi over Rafale

Apr 20, Saturday


Dassault CEO Rubbishes Charges Leveled by Rahul Gandhi over RafaleTop Stories

November 13, 2018 09:17
Dassault CEO Rubbishes Charges Leveled by Rahul Gandhi over Rafale

(Image source from: usinenouvelle.com)

Eric Trappier, the Chief Executive Officer of Dassault Aviation in an exclusive interview to ANI rubbished claims made by Congress Party president Rahul Gandhi that the former falsified over the details of the Dassault-Reliance Joint Venture (JV) for offset contracts in the Rafale Jet deal.

"I don't lie. The truth I declared before and the statements I made are true. I don't have a reputation for lying. In my position as CEO, you don't lie," said Trappier when asked to respond to Rahul Gandhi's charge that Dassault was covering up for possible cronyism in awarding the offset deal to Anil Ambani-led Reliance Group.

Rahul Gandhi, in a press conference on November 2, alleged that Dassault invested Rs 284 crore in a loss-making company promoted by Anil Ambani which was used to procure land in Nagpur. "It is clear the Dassault CEO is lying. If an inquiry starts on this Modi is not going to survive it. Guaranteed," added Gandhi.

Speaking to ANI in the Dassault hangar housed in Istres-Le Tubé Airbase located North of the French city of Marseille, Dassault's CEO Eric Trappier said that they had prior experience dealing with the Congress party and the comments made by the Congress president made him sad.

"We have a long experience with the Congress party. Our first deal was with India in 1953 with Nehru and other Prime Ministers. We have been working with India. We are not working for any party. We are supplying strategic products like fighters to the Indian Air Force (IAF) and the Indian Government. That is what is most important," said Trappier.

When pressed further for the reason behind Dassault's choice of Reliance as an offset partner which had no experience in manufacturing fighter jets, Trappier clarified that the money being invested was not going to Reliance directly but in a Joint Venture (JV) that included Dassault.

"We are not putting the money in Reliance. The money is going into the JV. I put my know-how free of charge on how to produce people. I have engineers and workers from Dassault who are taking the lead as far as the industrial part of this deal is concerned. At the same time, I have an Indian company like Reliance who is putting money into this JV as they want to develop their country. So the company is going to know how to produce aircraft," added Trappier.

Trappier clarified further about the investments being made by Dassault, adding that Reliance would match the amount since the shareholding pattern is 49 percent Dassault and 51 percent Reliance as per prescribed Government norms.

"We are supposed to put in this company together about Rs 800 crore as 50:50. For the time being, to start work in the hangar and to pay workers and employees, we have already put Rs 40 crore. But it will be increased to Rs 800 crore, which implies Rs 400 crore by Dassault in the coming five years," said Trappier.

-Sowmya Sangam

If you enjoyed this Post, Sign up for Newsletter

(And get daily dose of political, entertainment news straight to your inbox)

Rate This Article
(0 votes)
Tagged Under :
Dassault aviation  Rahul Gandhi  Rafale