Finmeccanica

  • AgustaWestland chopper deal: Brigadier denies charges March 4, 2013

    New Delhi: A brigadier, whose name figured in the allegations of kickbacks in the chopper deal, has been asked by the government about the charges, which he has denied. The allegations were levelled against the brigadier for seeking USD five million from AgustaWestland during an ongoing probe in Italy into...
  • SC rejects PIL, refuses to examine AgustaWestland deal March 1, 2013

    New Delhi: The Supreme Court on Friday refused to examine the AgustaWestland chopper deal after a PIL that a special investigation team should be set up to probe the Rs 4000-crore VVIP helicopter deal. Meanwhile, sources said that CBI is likely to quiz former IAF chief SP tyagi and his...
  • BJP demands SC-monitored probe into chopper deal, rejects UPA's JPC offer February 27, 2013

    BJP questioned again on Wednesday which family benefitted from the tainted AgustaWestland helicopter deal kickbacks and said it wants a Supreme Court monitored probe into the deal. It rejected the UPA's offer for a Joint Parliamentary Committee on the chopper scandal. ...
  • Chopper deal: Ex-Finmeccanica CEO questioned in Italy February 27, 2013

    New Delhi: Former Finmeccanica Chief Executive Giuseppe Orsi was questioned in Italy on Wednesday for his role in the tainted AgustaWestland chopper deal. Orsi was arrested on February 12 on charges of bribery in the Rs 3600 crore helicopter deal with India. Orsi was questioned in a courthouse in Italy's Busto...
  • Chopper deal: BJP says JPC makes no sense as LS term ends in 2014 February 27, 2013

    New Delhi: The BJP on Wednesday rejected the government's proposal for setting up a Joint Parliamentary Committee (JPC) to probe the AgustaWestland chopper deal, saying the move was aimed at scuttling the probe as current Lok Sabha's term will end in 2014. "We will make our position clear in the...
  • Chopper deal: CBI faces tough task ahead in probe February 25, 2013

    New Delhi: The Central Bureau of Investigation (CBI) on Monday named former Air Chief SP Tyagi in its Preliminary Enquiry (PE) in the tainted AgustaWestland chopper deal, along with his cousins Julie and Dosca Tyagi and three key middlemen, as alleged beneficiaries of kickbacks. According to the Italian probe...
  • Chopper deal: Middlemen Michel, Gerosa and Haschke still missing as probe continues February 25, 2013

    Christian Michel, one of the three middlemen mentioned in the tainted AgustaWestland chopper deal, seem to have disappeared and cannot be found at his residence. The other two middlemen Carlo Gerosa and Guido Haschke have similarly disappeared and have not yet come out in public and spoken on the Rs...
  • AgustaWestland: CBI PE names ex-IAF chief, 10 others February 25, 2013

    New Delhi: A preliminary enquiry (PE) has been registered by the Central Bureau of Investigation (CBI) in the Rs 3,600 crore AgustaWestland 101 helicopter deal. Sources say that former Indian Air Force Chief Air Chief Marshal (retd) SP Tyagi and his cousins Julie Tyagi, Dosca Tyagi and Rajeev Tyagi have...
  • CBI registers PE in AgustaWestland deal February 25, 2013

    New Delhi: A preliminary enquiry (PE) has been registered by the Central Bureau of Investigation (CBI) in the Rs 3,600 crore AgustaWestland 101 helicopter deal. Sources say that former Indian Air Force Chief Air Chief Marshal (retd) SP Tyagi and his cousins Julie Tyagi and Dosca Tyagi have been named...
  • Chopper deal: CBI procures documents from Italy February 24, 2013

    New Delhi: The Central Bureau of Investigation (CBI) team that is in Italy to probe the tainted VVIP chopper deal with AgustaWestland claimed it has procured some important documents from Italian authorities on the case. The CBI team, however, is yet to bring the proof back to India. The team, constituted...
  • Finmeccanica undergoes organisational changes February 23, 2013

    New Delhi: The Board of Italian defence giant Finmeccanica has carried out major organisational changes in the wake of the AgustaWestland scandal and the arrest of its Chief Executive Officer Giuseppe Orsi. All aerospace and defence businesses are being restructured and internal audit activities are being centralised. A strengthened surveillance group...
  • AgustaWestland denies wrongdoing in the chopper deal February 23, 2013

    New Delhi: AgustaWestland on Friday replied to a showcasue notice issued by the Indian government on the cancellation of the Rs 3600 crore chopper deal. In its reply the company denied any involvement in any kind of malpractice related to the deal. It says it had fully complied with the...
  • Finmeccanica delays results, expands its surveillance body February 22, 2013

    London: VVIP chopper scandal hit Italian defence giant Finmeccanica has delayed publication of its 2012 results following the bribery probe into its Rs 3,600 crore deal with India and has increased the number of members in its surveillance body. The Board of Directors of the firm also decided to centralise...
  • Chopper deal: Finmeccanica assures assistance to CBI team February 21, 2013

    Milan: Parliament is set to discuss the AgustaWestland chopper deal after March 4 under Rule 193, which does not entail voting. Meanwhile, in the latest development concerning the Central Bureau of Investigation (CBI) team, which went as part of probe to Italy, the top management of Finmeccanica has assured assistance...
  • Chopper deal: Italian authorities refuse to share documents February 21, 2013

    New Delhi: The Central Bureau of Investigation (CBI) team met the Italian judge presiding on Wednesday the case but they were red faced as Italian authorities refused to share any documents with them. Sources from the district attorney office in Milan said that the most they can do is to...
  • Chopper deal: CBI team to meet Italian judge today February 20, 2013

    New Delhi: A joint team of officials from the Central Bureau of Investigation (CBI), Defence Ministry and the Foreign Ministry, who are in Italy, will meet judge Luca Labianca on Wednesday who is presiding over the case. However, they will not be meeting the prosecutor. The team is also set to...
  • Joint team of CBI, MoD, MEA to meet AgustaWestland officials February 20, 2013

    Milan: A joint team of the Central Bureau of Investigation, Defence Ministry and the External Affairs Ministry will meet the officials of AgustaWestland and its parent company Finmeccanica in Italy on Wednesday. This comes a day after visiting British Prime Minister David Cameron said that the UK needs evidence to proceed...
  • India @ 9 with Rajdeep Sardesai February 19, 2013

    Catch the day's top stories with Rajdeep Sardesai on India @ 9. ...
  • Chopper deal: Italian probe report states nearly 50 million euros paid in kickbacks February 19, 2013

    A joint team of CBI, Ministry of Defence and the Foreign Ministry on Tuesday reached Italy to probe allegations of kickbacks. ...
  • News 360: Will AK Antony's personal integrity help UPA tide over chopper deal crisis? February 19, 2013

    Defence Minister AK Antony has ruled out his resignation in the VVIP chopper allegations, saying there is no divide within the government on how to handle this latest controversy. ...
  • Ready to cooperate with Indian authorities: Finmeccanica February 19, 2013

    New Delhi: In the thick of allegations of the Rs 3,600 crore scam in the deal of 12 helicopters to India, Italian company Finmeccanica today said it is ready to cooperate with authorities here to clarify the matter. AgustaWestland, which is allegedly involved in the scam, is part of the...
  • Chopper deal: CBI meeting with lawyer 'useful' February 19, 2013

    New Delhi: The CBI team which reached Italy on Tuesday to probe role of Indians in the alleged Rs 3,600 crore VVIP helicopter deal scam met its lawyer and described the meeting as "useful." High level sources in CBI said the team had a meeting with the lawyer engaged by...
  • Chopper deal: Antony may be honest, but will it help the UPA? February 19, 2013

    New Delhi: "There is no end to human greed... greedy people are working around the world so I am sad about that but I will do my duty. I am not resigning" - Defence Minister AK Antony, the integrity wall of the Congress party, made it clear that he has...
  • Chopper deal: Strong evidence against Finmeccanica ex-CEO Giuseppe Orsi, says Italian criminal law expert February 19, 2013

    An Italian criminal law expert has told CNN-IBN that India won't find it easy to get details of the probe. ...
  • Defence firms will have to be very watchful now before undertaking to pay bribes: Sanjay Suri February 19, 2013

    CNN-IBN's London Correspondent Sanjay Suri joined IBNLive readers for an interaction on the AgustaWestland chopper deal scam. Q. Do you think there is more to the eye than what is visible? Considering the money involved it cannot be only middle men but important politicians. Do you agree that sending the CBI...
  • Chopper deal: Open to a JPC probe, says government February 19, 2013

    New Delhi: Parliamentary Affairs Minister Kamal Nath on Tuesday said that the government was open to a Joint Parliamentary Committee (JPC) probe on the AgustaWestland chopper deal. A Central Bureau of Investigation team on Tuesday reached Milan in Italy to probe the allegations of kickbacks in the Rs 3,600 crore...
  • AgustaWestland's businesses spread across many sectors in India February 19, 2013

    New Delhi: Italian company Finmeccanica's business is not limited to just helicopters. Its subsidiary AgustaWestland has been in India since the 1970s and has presence in many sectors. If the CBI examines the helicopter deal then AgustaWestland's other businesses in India too will come under investigation. Finmeccanica's business is spread over...
  • India deliberately avoiding investigation in the chopper deal: Bhushan February 19, 2013

    New Delhi: As the CBI team leaves for Italy, senior Lawyer and Aam Aadmi Party member Prashant Bhushan told CNN-IBN that the Indian government was deliberately avoiding investigations in the tainted AgustaWestland chopper deal and that India can ask Italy and UK for information under the UN treaty against organised...
  • Investigation into chopper deal on at 'many levels': Khurshid February 19, 2013

    New Delhi: Holding that investigation into the Rs 3,600-crore VVIP helicopter deal was on at "many levels", India on Monday said Letters Rogatory is the "best and strongest method" available to it for seeking details from Italian courts on the case. External Affairs Minister Salman Khurshid also said a CBI...
  • Chopper deal: Ready for any discussion in Parl, says PM February 19, 2013

    New Delhi, Feb 18 (IANS) The government was "ready for any discussion" including the VVIP chopper deal in Parliament, Prime Minister Manmohan Singh said Monday as the BJP signalled it would raise the issue forcefully in the budget session beginning February 21. A team of CBI and defence ministry officials left...