The Central Bureau of Investigation has strong reasons to suspect that Bharat Earth Movers Limited (BEML), through a memorandum of understanding with the Ravi Rishi-owned British company Tatra Sipox U.K., during the tenure of the suspended BEML chief V. R. S. Natarajan, allegedly partially surrendered the manufacturing rights of all-terrain Tatra trucks in 2003. The agency might now seek the opinion of the authorities concerned to verify the suspicion.
Investigations into the alleged irregularities in the supply of the trucks through BEML to the Indian Army have so far revealed that based on the 1986 and 1997 agreements with the manufacturers, BEML had gained exclusive rights to manufacture the trucks in India. However, through an MoU with Tatra Sipox U.K. in February 2003, it is alleged that the manufacturing rights were partially surrendered by excluding the axle part of the truck.
Full article: http://www.thehindu.com/news/national/beml-allegedly-surrendered-tatra-truck-manufacturing-rights-partially/article3932886.ece