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BEML’s chief suspended ahead of CBI probe

12 Jun 2012 Evaluate

In a major setback to the state-run defence unit - Bharat Earth Movers (BEML), the chief VRS Natarajan has been suspended by the defence ministry over his alleged role in the Tatra truck scam. The investigating agency has recommended the chief’s suspension in the back drop of allegations by army chief Gen V K Singh that he was offered Rs 14 crore bribe to clear a deal for 600 trucks.

The government has put the CMD of BEML V R S Natarajan under suspension following a recommendation by the CBI that he should be kept away from the post to ensure fair investigation. Presently, the next senior most director P Dwarkanath is the acting CMD for the PSU.

In March 2012, Army chief Gen V K Singh uncovered the blanket over the alleged scam wherein he was alleged of being offered Rs 14 crore bribe to clear a deal for supplying substandard Tatra trucks. Singh alleged that Lt Gen (retd) Tejinder Singh offered bribe on behalf of truck suppliers Tatra and Vectra. The army press release dated March 05 reported names of Tatra and BEML. So far around 7,000 Tatra trucks have been bought by the army since 1986.

BEML Share Price

1748.45 -29.95 (-1.68%)
19-Jun-2026 16:59 View Price Chart
Peers
Company Name CMP
BEML 1748.45
Action Const. Equip 975.00
Sanghvi Movers 414.10
TIL 236.30
Brady & Morris Engg 824.70
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