‘Indira Govt paid $6m as bribe for Iran loan... Nepal offered asylum to her after Emergency’
NEW DELHI, NOVEMBER 8: Three decades after he retired, K Sankaran Nair, former chief of the Research & Analysis Wing (RAW), the country’s premier foreign intelligence service, has revealed that India paid kickbacks to the tune of $6 million to an Iranian financier for cornering a $250-million loan from the Shah of Iran to tide over “severe foreign exchange shortage†in the mid-1970s.
He also reveals that former Prime Minister Indira Gandhi was on the verge of taking up Nepal’s offer for asylum to her family after the post-Emergency electoral defeat.