India Overpaid For Chinese COVID-19 Test Kits? What Court Case Reveals
The COVID-19 test kits were sold to the government at an inflated price by the Indian distributor, Real Metabolics, it has emerged from a legal dispute between the distributor and the importer that went to the Delhi High Court.
New Delhi: India was asked to pay double the rate for Chinese Rapid Antibody Tests for coronavirus, which have been put on hold in many states because of faulty results.
The government today cancelled the order for COVID-19 test kits which were being sold at an inflated price by the Indian distributor, Real Metabolics. Details of the marked up price emerged from a legal dispute between the distributor and the importer that went to the Delhi High Court.
The government, through the Indian Council of Medical Research (ICMR) had ordered five lakh rapid antibody test kits from Chinese firm Guangzhou Wondfo on March 27. NDTV has accessed the purchase order signed between ICMR - the nodal body for India's coronavirus response - and Aark Pharmaceuticals.
On April 16, the Indian Ambassador to China, Vikram Misri, tweeted that 650,000 kits, including Rapid Antibody Tests and RNA Extraction Kits had been despatched to India.
The test kits were bought by the importer, Matrix, for Rs 245 apiece from China. Yet, the distributors, Real Metabolics and Aark Pharmaceuticals, asked the government for Rs 600 for each kit, which means a 140 per cent mark-up.
The test kits have been found to be "under-performing", the government said today, asking states and hospitals to stop using the kits. Since "due process was followed (not paying 100% advance before receiving the order), the government does not stand to lose a single rupee", an official statement said.
https://www.ndtv.com/india-news/cor...vid-19-test-kits-court-fight-reveals-2218757?
Another scam that will be buried by the media. I still remember the good old days when the media used to carry out witch-hunts against governments even on flimsiest evidence of a possible scam.