Suresh Nanda

Suresh Nanda, son of former Indian Navy chief Admiral S.M. Nanda, is one of the biggest arms dealers in the country.

Suresh Nanda has also been accused of receiving Rs 4 million ($99,943.82) in kickbacks after a deal to purchase Israeli Barak missiles was signed during the previous Bharatiya Janata Party (BJP)-led National Democratic Alliance (NDA) government.  His son, Sanjeev Nanda is accused of mowing down six people in the capital with his BMW car in 1999.

The $100 million (Rs 3.9 billion) deal had come under the scanner after it was alleged that the then Defence Minister George Fernandes had overruled, at the behest of Suresh Nanda, the opinion of the Defence Research and Development Organisation (DRDO) that it could develop a system similar to the Barak. In March 2008, the CBI conducted searches at premises belonging to  Suresh Nanda and recovered cash amounting to Rs 3.2 million from his  residence.

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