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Thursday 30 May 2013

Swamy slams ‘fraud' Jet-Etihad tie-up

Thursday, 30 May 2013 | PNS | New Delhi


Janata Party president Subramanian Swamy on Wednesday termed the Jet-Etihad deal and related memoranda of understanding (MoUs) between India and UAE as a "mega fraud" in the making, and urged Prime Minister Manmohan Singh to order a review of these two agreements.

In a letter to PM, Swamy said this deal would lead to collapse of national carrier Air India. "The Jet Airways-Etihad deal has two components - one of enabling Etihad to become entitled, by an MoU executed on April 24 by the Governments of India and UAE on bilateral air services, to vastly enhance Etihad's air traffic, measured by seat capacity, between the two countries," he said..

"This arbitrarily determined entitlement, tantamount to free provision of India's sovereign airspace to a foreign airline and hence fraught with serious national security issues, is patently for sweetening the private purchase of Jet Airway's substantial equity by Etihad," said Swamy.

He alleged that Finance Minister P Chidambaram "misquoted" the Prime Minister in all minutes in connection with approval of these deals, claiming that the deals were desired by Singh.

Swamy alleged that the deal with Etihad was to pacify the Sheiks of Abu Dhabi, who also has control over Etisalat, which lost telecom licences due to the 2G scam exposé.

"What is distressing is that the minutes signed by Finance Minister Mr P Chidambaram, dated April 22, reveal that this rocket speed clearance of the deal is on your direction," he said the Janata Party chief, announcing his decision to approach Supreme Court soon if no action was taken by PM.

Swamy said the Parliamentary Standing Committee headed by Sitaram Yechury had already opposed the deal. The committee has also recommended penalisation of Jet Airways for clandestinely selling its London route entitlement to Etihad even before the deal was sealed, and without informing the Government of India, he said, urging the PM for a comprehensive review.

Source: http://www.dailypioneer.com/nation/swamy-slams-fraud-jet-etihad-tie-up.html

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