Vipin Khanna

Vipin Khanna
Khanna in 1963
Born
Vipin Kumar Khanna

(1930-12-14)14 December 1930
Died7 November 2019(2019-11-07) (aged 88)
NationalityIndian
Occupations
  • Businessman
  • financier
  • army officer
SpouseNaginder Kumari Khanna
Children4, including Arvind
ParentShanti Lal Khanna (father)
Military career
Allegiance India
Service/branch Indian Army
Years of service1950-1965
RankMajor of the Indian Army Major
UnitFlag of Brigade of Guards (India) Brigade of The Guards

Vipin Kumar Khanna (14 December 1930 – 7 November 2019) was an Indian businessman, financier and army officer. Khanna had diverse business interests. He founded Dynamic Sales Service International, a commodities trading and marketing company, which further expanded into railways, infrastructure, telecommunications equipment, shipbroking, fast-moving consumer goods and additional industries.[1][2] Khanna also had other business interests, which included interests in the arms, aerospace, software, investment banking, hospitality, real estate, alcohol and drinks industries.[3][4][5][6] He was a Non-Resident Indian based in London, England, and also had a base in Delhi, India.[4][7][8]

Khanna was born in Lahore, Punjab Province.[9] During the Partition of India in 1947, Khanna and his family fled Lahore, and migrated to Delhi.[9] He was commissioned into the Indian Army in 1950, and eventually reached the rank of Major, before voluntarily retiring from the army in 1965.[10] After his retirement from the army, Khanna began his business career.

Khanna had a long and controversial business career. His name was frequently associated with numerous controversies, including allegations of arms lobbying, links to offshore companies, and involvement in bribery scandals; however, investigations into these matters found no evidence of wrongdoing, and the allegations were subsequently dropped.[11][12][13] Khanna was allegedly one of the largest and most powerful arms dealers in India since the 1980s; however, the allegations against him were never proven.[14][15][11] Despite the lack of evidence, Khanna faced persistent allegations of arms dealing, links to foreign defence companies, and involvement in various arms deals throughout his business career.[11][16] According to statements and claims by the Government of India and Indian investigative agencies, Khanna was reported to be a powerful and influential person both in India and globally.[17][18][19]

Khanna died on 7 November 2019, in New Delhi. His business interests were divided between his children: Vinita, Navin, Arvind and Aditya.[20][21][22][23]

  1. ^ Cite error: The named reference :6 was invoked but never defined (see the help page).
  2. ^ Cite error: The named reference :32 was invoked but never defined (see the help page).
  3. ^ MS, Nileena (2 November 2023). "How the Modi government is covering up two decades of defence corruption to save the Rafale deal". The Caravan. Archived from the original on 14 November 2023. Retrieved 4 May 2024.
  4. ^ a b "AT ARM: These businessmen have been linked to India's booming weapons bazaar". India Today. 13 April 2012. Archived from the original on 23 December 2021. Retrieved 19 February 2022.
  5. ^ Jain, Madhu (9 June 1997). "Indian industrialists choose to represent diplomatic interests of other countries". India Today. Archived from the original on 20 December 2021. Retrieved 22 December 2021.
  6. ^ "Sécurité et santé au travail" (PDF). Chamber of Commerce in Luxembourg. 2005. p. 38. Retrieved 16 August 2024.
  7. ^ Express News Service (21 October 2016). "CBI registers FIR against UK-based arms dealer in Embraer deal". The New Indian Express. Archived from the original on 28 February 2022. Retrieved 28 February 2022.
  8. ^ Ray, Shantanu Guha; Unnithan, Sandeep (13 April 2012). "Tatra truck deal has blown the lid off a shadowy world of arms dealers". India Today. Archived from the original on 28 February 2022. Retrieved 28 February 2022.
  9. ^ a b Cite error: The named reference :53 was invoked but never defined (see the help page).
  10. ^ Cite error: The named reference :1 was invoked but never defined (see the help page).
  11. ^ a b c FE Online (2 March 2017). "Embraer deal: CBI quizzes Vipin Khanna over 'kickbacks'". The Financial Express. Archived from the original on 29 November 2020. Retrieved 26 January 2022.
  12. ^ Cite error: The named reference :20 was invoked but never defined (see the help page).
  13. ^ Cite error: The named reference indiatoday.in was invoked but never defined (see the help page).
  14. ^ Cite error: The named reference :15 was invoked but never defined (see the help page).
  15. ^ Cite error: The named reference :9 was invoked but never defined (see the help page).
  16. ^ Pandey, Devesh K. (21 October 2016). "ED to investigate money trail in Embraer deal case". The Hindu. ISSN 0971-751X. Archived from the original on 28 June 2022. Retrieved 28 June 2022.
  17. ^ Mahapatra, Dhananjay (15 August 2007). "Barak deal kickback £7.3m". The Times of India. Archived from the original on 6 September 2021. Retrieved 8 March 2022.
  18. ^ Cite error: The named reference :8 was invoked but never defined (see the help page).
  19. ^ Cite error: The named reference :31 was invoked but never defined (see the help page).
  20. ^ Cite error: The named reference :37 was invoked but never defined (see the help page).
  21. ^ "Vinita Singh". The Company Check. Archived from the original on 14 March 2023. Retrieved 14 March 2023.
  22. ^ Cite error: The named reference :45 was invoked but never defined (see the help page).
  23. ^ Cite error: The named reference :39 was invoked but never defined (see the help page).