A screenshot of Italian firm Elettronica SpA’s website.

Hidden in hundreds of pages of agreements and contracts in the Mossack Fonseca files are details of alleged commissions, since 1996, for electronic warfare equipment and other supplies to the Indian Air Force and Indian Navy by Italian major Elettronica SpA through two offshore entities.

The agreements date back to 2000 and there is mention of commissions, between 5% to 17%, being paid by the supplier firm to two companies, one owned by an Indian and the other located in the BVI, via offshore entities registered by Mossack Fonseca.

– See more at: http://indianexpress.com/article/india/india-news-india/panama-papers-mossack-fonseca-files-iaf-navy-italian-firms/#sthash.Yaw7MpuB.dpuf