12 Aug 2012

Blacklisting of Companies

Whenever allegations of corruption are received against companies supplying defence equipment to the Government, appropriate action including that of blacklisting is taken. Recently in March, 2012, this Ministry has decided for imposition of penalties
against six firms including debarring them from further business dealing with all the Wings of this Ministry for a period of ten years. 
None of the six companies has been exempted from this list after being debarred. 
This information was given by Defence Minister Shri AK Antony in a written reply to Shri P. Rajeeve in Rajya Sabha today. 

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