NDA Rafale deal cheaper than UPA: Dassault CEO Eric Trappier

NewsX 2018-11-13

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Rafale controversy: Dassault Aviation CEO Eric Trappier has clarified that the money invested is not going directly to Reliance Group as claimed by Gandhi and it would match the amount since both Dassault and Reliance are supposed to put Rs 800 crore in the joint venture on 50:50 basis (the shareholding pattern is 49 percent Dassault and 51 per cent Reliance). The money is going into the JV (Dassault-Reliance) while engineers and workers from Dassault are taking the lead as far as the industrial part of the deal is concerned, he added.

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