Moneylife » Life » Public Interest » The curious Rafale deal
The curious Rafale deal
Though there are no fingers pointed at anyone in particular in the $11 billion Rafale jet fighter deal, it certainly has strange connections and cross connections
There have been allegations that pressure from the highest political level, and possibly a huge under-the-table payment, dictated India's decision to plump for the Rafale jet fighter made by Dassault of France. The order is for 126 fighter-jets worth an immense $11 billion. These jets are meant to replace the country's ageing fleet of MiG 21s, which make up one-third of the Air force's jet fighters.
Collateral evidence has emerged, through research by Subramanian Swamy and our searches on Google and other internet sites, that blood relations and close friendships at the top political level probably tilted the scales in favour of the Rafale. There is as yet no evidence that Dassault paid a huge bribe to India's first family, though the possibility cannot be ruled out, given the current milieu in India.
It is a tangled skein and one end of the thread begins with T Anantha Krishnan, popularly called TAK. He is the son of a Sri Lankan Tamil immigrant, who was an indentured plantation worker.TAK was reputedly close to K Padbanabhan, money manager of the LTTE, who is now in jail in Sri Lanka.
TAK has no further role in this tale, except that his wife is Latchoumie Marie Helene, born to a white French father who belongs one of the ancient families of France and a Tamil mother. She is popularly known as Mme TAK and Latchoumie is probably the Frenchified version of Lakshmi, a common Tamil name...
Mme TAK, is the owner of La Fantaisie, a very big art gallery and auction house in Paris, which can be described as the Christie's of France. Carla Bruni, the Italian wife of Nicholas Sarkozy who was the French president when the Rafale deal was inked, is a partner in this venture for the past two years.
Mme TAK is also owner of a sophisticated music recording house in Paris. Carla, who is also a pop singer, uses Mme TAK's studios for registering and issuing her albums.
She counts among her good friends Sonia Gandhi, Rahul Gandhi and Sonia's sisters who frequently visit her in France and stay in her chateau. Rahul Gandhi stayed with her when he went to France in early 2012.
Mme TAK owns vineyards in northern Colombia with jointly with rich Colombian families called Bettancourt and Katalli. Rahul Gandhi's former live in girl-friend Veronique is connected to the Kattallis.
Now comes the interesting point. Mme TAK is one of the shareholders of Dassault.
Carla Bruni is Italian born. She is related by marriage to Sonia Gandhi: Carla is a cousin of Sonia Gandhi's sister's daughter-in-law.
Discussions are still going on between India's defence ministry and Dassault, particularly on the 'offset' condition under which around 50% of the aircraft will have to be built by Indian manufacturers.
A couple of months ago, Moneylife wrote on the choice of the Rafale. The headline of the story was "Look out, Mr Antony, Little Brother is watching you".
This is Little Brother signing off, till the next instalment.
R Vijayaraghavan has been a professional journalist for more than four decades, specialising in finance, business and politics. He conceived and helped to launch Business Line, the financial daily of The Hindu group. He can be contacted at rvij10@yahoo.com).
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Comment
raffeur 11 months ago
It is not curiouse, France was always a seriouse partner for India, India bought the Dassault Ouragan, the Mirage 2000, and now the rafale.
France prefer buy/sell to an democracie.
The eurofighter is just a interceptor high altitud with poor feature bomber, no cruse missile, no sead, no cas, no navy version, no recce, no nuke strike, no anti ship, no war electronic, radar obosolete.
that all
Rafale is omnirole (good in all mission)
-Fighter
-Bomber
-anti ship
-recce
-navy version
-close air support
-suppression air defense
-war electronic
-partial stealth mode
-nuke strike
-spectra
-aesa
Lybia show the excellence of rafale, stat nato France 35% air strike, 950 bomb, 15 scalps, 255 aasm.
for UK 10%, eurofighter 91 air strike with help guidance provided by tornado, 455 air strike tornado.
Eurofighter show only its mediocrity.
flight/hours cost, 90000 euros for eurofighter, for rafale with the new M88-2E4 gcp engine, that down to 15000euros flight, near the M2000 13000euros.
Each confrontation with rafale was in defavor of eurofighter
ATLC 2009, rafale vs ef2000 7-1 4v4 4-0, 2v4 3-1
Swiss report, ef2000 second best after rafale.
Brazil, rejected by FX2 criteria
India, rafale get the best evalution.
Former fleet general, told to UK parlement, it is better intellignet to buy F18 super hornet if UK want save money, instead than eurofigther/f35
Now RAF refuse any confrontation rafale and eurofighter.
gus 1 year ago
get complete aircraft built in India...for $20 billion ..
India could have bought th SAAB company along with gripen and moved entire Gripen factory In india...
French it seems have promised complete technology transfer...hope that is not diluted.
raffeur 11 months ago in reply to gus
The gripen is not realy better than the Tejas, that why it was eliminate from MMRCA,it is to poor in feature.
it is dependant from USA for its engine. USA make pressure on saab to block piece and part of gripen for protect its own rfp.
It is better to take F18 super hornet or rafale.