New Delhi : The Civil Aviation Ministry is keeping a close watch on developments related to the purported disclosures made by ousted Tata Group chairman Cyrus Mistry about AirAsia India, where Tatas are a partner, and will act if something actionable is brought to its notice, reports PTI.
“We are waiting for any input from any quarter,” Civil Aviation Secretary R N Choubey said, adding “we have not received anything so far”.
Mistry raised “ethical concerns” in Tata group’s aviation joint venture with AirAsia and alleged that forensic investigation revealed fraudulent transactions of Rs 22 crore involving non-existent entities in India and Singapore.
“If anything new is brought to the ministry’s attention, appropriate authorities will look into it,” another civil ministry official said on Mistry’s allegations against AirAsia India. Mistry was removed abruptly as chairman of the Tata Group on Monday and replaced by his predecessor Ratan Tata, who will lead India’s biggest conglomerate for the next four months till a permanent replacement is identified by a specially- created committee. Mistry’s family firm, Shapoorji Pallonji, is a construction major and one of the largest stakeholders in the Tata Group.
