AgustaWestland accused Michel used shell firms to hide bribe money
The CBI has established that AgustaWestland chopper deal scam accused middleman Christian Michel transferred bribe money to Delhi-based businessman RK Nanda to invest in a shell company started in 2005. His close associate, Mumbai's JB Balasubramanian, also floated a shell company to park illegal money. The amount was later shifted from the Indian shell company to Michel's Dubai based company.