Italian prosecutors have asked for extradition of Swiss resident Guido Haschke who allegedly allege acted as an intermediary for bribes paid to Indian officials to win the 560 million-euro contract for 12 helicopters. ...
01:25 PM, Mar 23, 2013
Amid the ongoing controversy over alleged kickbacks in the Rs 3,600 crore VVIP chopper deal, Anglo-Italian firm AgustaWestland on Tuesday replied to Defence Ministry queries, denying any wrongdoing. The Ministry had asked the firm to provide details about its transactions with Tunisia and India-based firms IDS Infotech and Aeromatrix. ...
11:20 PM, Mar 19, 2013
A Milan court has rejected a request by former Finmeccanica Chairman and CEO Giuseppe Orsi to be released from jail, legal sources said on Monday. ...
11:32 PM, Mar 11, 2013
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. ...
01:11 PM, Mar 01, 2013
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. ...
04:47 PM, Feb 27, 2013
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 report, Gautam Khaitan and Praveen Bakshi were the two individuals who were used to route money into India. ...
09:35 PM, Feb 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 3600 VVIP chopper deal with India. ...
08:58 PM, Feb 25, 2013
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 the Group's "Internal Audit activities, in order to exercise a more direct and incisive internal control over the correctness of the...
03:58 PM, Feb 22, 2013
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 who is presiding over the case. However, they will not be meeting the prosecutor. ...
01:56 PM, Feb 20, 2013
A joint team of CBI, Ministry of Defence and the Foreign Ministry on Tuesday reached Italy to probe allegations of kickbacks. ...
10:58 PM, Feb 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. ...
09:16 PM, Feb 19, 2013
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 Finmeccanica Group. ...
09:06 PM, Feb 19, 2013
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 the agency to represent India's case with the Italian government and the local courts to find out the role of Indians in...
08:54 PM, Feb 19, 2013
An Italian criminal law expert has told CNN-IBN that India won't find it easy to get details of the probe. ...
07:11 PM, Feb 19, 2013
CNN-IBN's London Correspondent Sanjay Suri joined IBNLive readers for an interaction on the AgustaWestland chopper deal scam. ...
05:04 PM, Feb 19, 2013
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 transnational crimes. ...
06:44 AM, Feb 19, 2013
The government was "ready for any discussion" including the VVIP chopper deal in Parliament, Prime Minister Manmohan Singh said on Monday as the BJP signalled it would raise the issue forcefully in the budget session beginning February 21. ...
12:57 AM, Feb 19, 2013
Italian probe reports say that Christian Michel got 60 per cent of the Rs 350 crore kickbacks. However, he has not been questioned even once. ...
10:51 PM, Feb 18, 2013
The government is non-committal on axing the AgustaWestland deal. While External Affairs Minister Salman Khurshid said the showcause notice was just the first step, he indicated the government may not go all the way. ...
10:23 PM, Feb 18, 2013
In the wake of corruption allegations against Finmeccanica, an Italian lawmaker has reportedly asked Prime Minister Mario Monti to reveal the names of journalists and media workers on the payroll of former CEO of the defence firm Giuseppe Orsi. Senator Raffaele Lauro, a member of the Italian Finance Committee, asked Monti to "eradicate the rot" of alleged collusion between world of information and top management of companies, according to Italian...
10:15 PM, Feb 18, 2013
