Indian origin tycoon and son's bail conditions lifted in Rolls-Royce probe

Tuesday 16th September 2014 13:54 EDT
 
Bhanu Choudhrie
 

A well known Indian origin tycoon and his son, who were arrested as part of the UK anti-corruption agency’s investigation into Rolls-Royce, has had their bail conditions lifted, according to a recent media report.

Sudhir Choudhrie, an ardent supporter of the Lib Dem party, and his son Bhanu were detained and questioned in February by the UK's Serious Fraud Office (SFO) as part of its investigations into the group's business practices in Indonesia, China and other overseas markets.

According the Sunday Times, the bail for him and his son was lifted in July, an indication that they are expected to play no further part in the inquiry.

Their arrests had mystified aerospace executives because the Rolls-Royce allegations had not involved the company’s dealings in India. The SFO declined to comment.

A spokesman for the Choudhries said they “deny any wrongdoing and have co-operated fully with the authorities”.

Rolls-Royce, the world's second-largest maker of aircraft engines, had announced in March that the firm had cut the number of middlemen it uses as it steps up efforts to prevent bribery and corruption.


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