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Pawan Hans Sale: Cayman firm’s owners’ claims don’t add up

In an interview with The Probe, Amardeep Sharma, the owner of the Cayman Islands-registered Almas Global Opportunity Fund (AGOF), claimed that the entity was eligible to bid for the government-owned helicopter service provider Pawan Hans Limited. He also asserted that the fund had no connection to Kudakwashe Reginald Tagwirei – a controversial businessman from Zimbabwe who has been sanctioned by the governments of the United States and the United Kingdom. In our latest story on the privatisation of the government’s helicopter service provider, several questions about AGOF and how the Indian government is attempting to privatise Pawan Hans are raised.