Finmeccanica

  • AgustaWestland scam: Another Air ex-Chief, Fali Major, named in probe 07-02-2014 05:30 PM

    New Delhi: The AgustaWestland VVIP chopper scam took a new turn as the name of another former Air Chief Fali Major cropped up during investigations. Finmeccanica lawyers mentioned him in an Italian court saying he had reportedly accepted the company's hospitality while on a trip to Italy in 2007. Major...
  • Chopper deal: After SP Tyagi, former IAF chief Fali Homi Major in the dock 07-02-2014 08:33 AM

    New Delhi: In a case that is bound to bring the Indian Air Force back in the news for wrong reasons yet again, former IAF chief Air Chief Marshal Fali Homi Major has been named in the infamous, AgustaWestland VVIP chopper scam even as the allegations against former IAF chief...
  • Defence Ministry to keep out Finmeccanica group from military show 24-01-2014 08:06 PM

    After scrapping the Rs 3,600 crore chopper contract, Defence Ministry on Friday said it is ousting AgustaWestland's parent company Finmeccannica from the biennial military exhibition DefExpo starting February 6. The step comes after India scrapped the contract on January 1 after finding that AgustaWestland allegedly breached the pre-contract integrity pact...
  • AgustaWestland deal: CBI questions middleman Guido Haschke 09-01-2014 06:44 PM

    New Delhi: A team of Defence Ministry and CBI officials are questioning middleman Guido Haschke in the Rs 3600-crore AgustaWestland chopper scam in Italy. It is for the first time that CBI officials were part of Haschke's examination. Sources said that Haschke has refused to answer any specific query from...
  • AgustaWestland scam: CBI to question Guido Haschke in VVIP chopper deal 07-01-2014 07:39 PM

    A team of CBI officials is leaving for Milan to question European middleman Guido Haschke who will be produced before an Italian court on January 9 in connection with alleged bribery scandal to clinch Rs 3,600 crore VVIP chopper deal in favour of AgustaWestland. CBI sources said a team led...
  • Agustawestland deal: Will Haschke's arrest bring more names to light? 18-10-2013 11:53 PM

    New Delhi: The AgustaWestland chopper deal is in the news once again after the Swiss authorities arrested a key middleman Guido Haschke on charges of bribery on Friday. The arrest of Haschke is crucial in exposing the Indian link and also establishing the money trail. Guido Haschke is former consultant...
  • VVIP chopper deal: CAG report raises questions on trials abroad 23-06-2013 11:41 AM

    New Delhi: The CAG has submitted its report on AgustaWestland chopper deal in which the government auditor is understood to have raised questions over various aspects of the deal, including conduct of trials outside the country despite the Defence Ministry rejecting such a proposal twice. The report prepared by former...
  • Tainted chopper deal: Finmeccanica ex-CEO Giuseppe Orsi's trial begins 19-06-2013 08:41 AM

    Milan: Months after the shocking revelations of the AgustaWestland bribery case, Finmeccanica ex-CEO Giuseppe Orsi's trial begins on Wednesday. A CBI team will also be attending the trial in Milan. Orsi and the CEO of its chopper unit Bruno Spagnoli, will go on trial on Wednesday in a Milan court....
  • CBI officer to attend AgustaWestland trial in Italy 17-06-2013 05:28 PM

    New Delhi: CBI has sent one of its investigating officer along with a Defence Ministry team to Milan for attending trial related to alleged corruption by AgustaWestland and Finmeccanica executives in clinching the VVIP helicopter supply contract. The Italian agencies are probing allegations of corrupt practices against top executives of...
  • India made a party in VVIP chopper scam trial 05-06-2013 08:48 PM

    New Delhi: India has been made a party in the VVIP chopper scam trial in Italy which is expected to begin in the third week of June there. The Indian side is in the process of hiring a law firm there to present its case in the Italian trial procedures,...
  • Chopper deal: CBI gets phone transcripts from Italy 13-05-2013 04:40 PM

    New Delhi: The Central Bureau of Investigation (CBI) on Monday got transcripts of phone conversations between alleged middlemen from Italy. The transcripts are related to phone conversations between alleged middlemen and officials of a Defence firm, in which the Italian government has 30 per cent stake. The transcripts of the...
  • VVIP chopper deal: CBI to get phone transcripts from Italy 09-05-2013 10:26 PM

    New Delhi: CBI is likely to get transcripts of phone conversations of Italian middlemen allegedly involved in the VVIP helicopter deal, intercepted by law enforcement authorities following court orders in the European country. CBI sources said the documents would be received by the Defence Ministry and later, handed over to...
  • VVIP chopper deal: Former Finmeccanica chief released from jail 05-05-2013 12:56 PM

    Milan: The former CEO of the Italian defense giant Finmeccanica was released on Saturday from jail pending his trial on corruption charges in June. Giuseppe Orsi, who was held for some 80 days in pre-trial detention, faces charges for his alleged involvement in the payment of bribes to secure a...
  • Italy: Trial in VVIP chopper scam to begin from June 19 03-05-2013 08:09 PM

    Rome: The 'instant trial' in Rome against ex-CEO of the Italian state-controlled defence giant Finmeccanica, Giuseppe Orsi and the CEO of its helicopter unit AgustaWestland, Bruno Spagnoli for alleged kickbacks in the Rs 3,600 crore VVIP chopper deal with India will begin on June 19. A judge in the northern...
  • AgustaWestland seeks time from Centre to discuss chopper deal 01-05-2013 04:06 AM

    New Delhi: Facing a CBI probe for its alleged role in the payments of kickbacks in the VVIP chopper deal, Anglo-Italian AgustaWestland on Tuesday said it has sought time from the Defence Ministry to discuss its contract with India. "AgustaWestland International Ltd (as the formal 'seller') has formally sought bilateral...
  • Italy prosecutors aim to hasten Finmeccanica trial 29-04-2013 06:10 AM

    Milan: Italian prosecutors investigating allegations of corruption by Finmeccanica in the sale of 12 helicopters to India believe their evidence is strong enough to warrant an urgent trial without preliminary proceedings, a legal source with direct knowledge of the situation said. Prosecutors in the city of Busto Arsizio will ask...
  • No further requests in AugustaWestland case: UK 08-04-2013 05:14 PM

    London: Britain has stressed that it would not be intervening in any investigations into the AgustaWestland helicopter bribery case. "Prime Minister David Cameron had stated during his India visit (February 2013) that we will offer our help if asked to do so and there have been no further requests. The...
  • IAF ex-chief changed norms to favour AgustaWestland: CBI FIR 13-03-2013 05:19 PM

    New Delhi: Former Air Force chief SP Tyagi helped in swinging the VVIP chopper deal in favour of Finmeccanica subsidiary AgustaWestland by lowering the service height from 6000 metres to 4,500 metres, the CBI's FIR states. The FIR, however, doesn't mention Tyagi having received money in the deal. Sources alleged...
  • Key political risks to watch in India 07-03-2013 12:15 PM

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