Rheinmetall Air Defence fights blacklist
Fighting a 10-year blacklist that came into effect earlier on March 5 this year, Rheinmetall Air Defence (RAD), Zurich, has sought legal recourse against the order debarring the company from doing business with India’s Ordnance Factory Board (OFB) for a decade. A writ petition filed by the company came up for hearing in a Delhi court last week. In a statement, Rheinmetall Air Defence said, “The company is determined to prove in India’s courts that allegations which led to RAD’s blacklisting in March 2012 are false and that RAD and its employees acted in full compliance with the law. Notwithstanding its decision to seek redress through India’s legal system, RAD remains committed to a close dialogue with Indian authorities and is ready to cooperate with them in order to clear its name with regard to the blacklisting. As a matter of principle, RAD binds itself and its employees to strict compliance standards. The company enjoys an excellent track record in meeting these standards in all markets where it operates.” RAD was one of six firms blacklisted for a period of 10 years in March, which included ST Kinetics Corporation Defence Russia and Israel’s IMI.