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France has cleared the tax debt of a rich Indian industrialist, close to Modi

2019-04-13T13:21:25.329Z

The newspaper "Le Monde" reveals that at the time when France negotiated the sale of 36 "Rafale" to India by the French group Dassault, the French State has erased more than 143 million euros of tax debt of an Indian industrialist, ...


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Anil Ambani (center), along with Florence Parly, French Defense Minister and Eric Trappier, CEO of Dassault, Nagpur, India, October 27, 2017. AFP / Money Sharma

The newspaper " Le Monde " reveals that at the time when France negotiated the sale of 36 "Rafale" to India by the French group Dassault, the French State has erased more than 143 million euros in tax debt from an Indian industrialist, himself involved in this sale. A discovery that adds to the suspicions of corruption around this sale, which shake India since the end of 2017.

His name is Anil Ambani. He is close to Indian Prime Minister Narendra Modi and a wealthy industrialist involved in the sale of 36 French Rafale aircraft to India in 2015.

Anil Ambani owns a telecommunications group with a subsidiary in France, Reliance Flag Atlantic France. That the French tax services have submitted to two adjustments, after discovering tax evasion practices dating back to 2007. In January 2015, the company of the Indian Anil Ambani owed more than 150 million euros to the French tax authorities. A few months later, at the end of October, an amicable agreement is concluded and more than 143 million euros of this debt are erased.

Political decision

In addition to an abyssal loss for the coffers of the French state, what reveals the newspaper Le Monde is how this close to the Indian Prime Minister has in the meantime won several industry partnerships very juicy, with Dassault and Thales including , in connection with the sale of Rafale fighters to India.

In the same period of time, his tax debt has been absorbed. A political decision that the World's investigation can understand that it could go back to the then President, Francois Hollande, the Minister of Defense at the time, Jean-Yves le Drian, or the Minister of Defense. the economy of the time ... Emmanuel Macron.

Source: rfi

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