India News | Nitin Gokhale | Friday October 10, 2014
A court in Italy on Thursday ruled that no kickbacks were paid in a deal for 12 helicopters for use by top Indian political leaders. It also found that there is no evidence to suggest former Indian Air Force chief SP Tyagi had accepted bribes to help AgustaWestland - the British unit of Italian defence manufacturer Finmeccanica - land the contract.
India News | Edited by Mala Das (with inputs from agencies) | Tuesday September 23, 2014
Businessman Gautam Khaitan has been arrested by the Enforcement Directorate (ED) in connection with its probe into money laundering in the Rs 3650-crore defence deal to supply VVIP helicopters.
India News | Press Trust of India | Monday September 1, 2014
Facing a Central Bureau of Investigation probe in India, defence firm Finmeccannica on Sunday claimed that an Italian court hearing the VVIP chopper scam has accepted its "request for monetary measures" in the case against its subsidiary company AgustaWestland and accordingly imposed fines of over Rs 62 crore on it.
India News | Written by Sudhi Ranjan Sen | Tuesday August 26, 2014
India will continue to buy weapon systems and hardware from Italian defence equipment firm Finmeccannica, which, along with its subsidiaries, has been accused of paying huge kickbacks to clinch a Rs 3650-crore defence deal to supply VVIP helicopters.
India News | Written by Sunetra Choudhury | Tuesday July 15, 2014
The recent questioning of governors in the purchase of AgustaWestland helicopters has brought to notice the curious fact that CBI's number 2, special director AK Sinha was reportedly one of those who attended a key meeting in the Prime Minister's office before the Agusta tender was cleared.
India News | Devesh Kumar | Wednesday July 9, 2014
Andhra Pradesh governor and former Intelligence Bureau (IB) Director E S L Narasimhan was today examined by the Central Bureau of Investigation, or the CBI, as a witness in connection with the alleged misappropriation of funds in the purchase of a dozen VVIP helicopters from AgustaWestland, the Anglo Italian defence major.
India News | NDTV.com | Friday July 4, 2014
Goa Governor BV Wanchoo has resigned, hours after he was questioned by the Central Bureau of Investigation today as a witness in connection with alleged irregularities in the purchase of 12 helicopters meant for VVIP use from AgustaWestland, an Anglo-Indian defence manufacturer.
India News | Edited by Devesh Kumar | Friday July 4, 2014
Goa Governor BV Wanchoo is being questioned as a witness by the Central Bureau of Investigation, or the CBI, in connection with the alleged financial irregularities in the purchase of 12 VVIP helicopters from AgustaWestland, an Anglo-Indian defence manufacturer.
India News | Edited by Prasad Sanyal (with inputs from Agencies) | Friday June 27, 2014
MK Narayanan, the Governor of Bengal, has been questioned today by the CBI, said sources, in connection with an alleged swindle centred on the sale of 12 helicopters by Agusta-Westland to India.
India News | Press Trust of India | Saturday May 24, 2014
Lifting a freeze partially, an Italian court has allowed India to encash bank guarantees worth about Rs 1,818 crore deposited by Agusta Westland in a bank there in the VVIP chopper deal which has been scrapped because of bribery allegations.
India News | Press Trust of India | Tuesday March 18, 2014
An Italian court has barred India from encashing bank guarantees worth over Rs 2,360 crore of AgustaWestland as part of the penalties imposed on it after scrapping of the Rs 3,600 crore VVIP chopper deal.
India News | Reuters | Tuesday March 18, 2014
An Italian judge has rejected a request by India to recover more than 278 million euros in bank guarantees backing a scrapped helicopter deal with Finmeccanica, the Italian defence group said on Monday.
India News | Press Trust of India | Sunday March 2, 2014
India has to recover bank guarantee worth Rs 2,134 crore deposited in Italian banks after scrapping AgustaWestland VVIP chopper deal in which allegations of corruption against then IAF Chief SP Tyagi and others are being probed by CBI.
India News | Edited by Deepshikha Ghosh | Wednesday February 5, 2014
Amid angry shouts alleging corruption within the government, Defence Minister AK Antony today said there was no proof of Congress president Sonia Gandhi's alleged link to the VVIP chopper scam, which involves the now-cancelled deal to buy 12 luxury helicopters from defence manufacturer AgustaWestland.
India News | Press Trust of India | Sunday February 2, 2014
An alleged middleman allegedly involved in the Rs. 3600-crore VVIP chopper deal had asked Anglo-Italian defence manufacturer AgustaWestland to "target" UPA chairperson Sonia Gandhi and her "closest advisers" to bag the 12-helicopter contract, a document submitted in an Italian court suggests.
India News | Press Trust of India | Friday January 24, 2014
After India scrapped a contract for procuring VVIP choppers from AgustaWestland, American firm Textron today said it is ready to offer its unique V-22 Osprey helicopter to India for ferrying its dignitaries.
India News | Nitin A Gokhale | Wednesday January 22, 2014
The Central Bureau of Investigation or CBI has reportedly asked the Law Ministry if it can question West Bengal Governor MK Narayanan and Goa Governor BV Wanchoo in its investigation into alleged kickbacks in the Rs 3600-crore VVIP helicopter deal.
India News | Press Trust of India | Tuesday January 14, 2014
India has encashed a guarantee of over Rs 250 crore deposited by AgustaWestland in a bank in Delhi even as it is preparing to file an appeal against an Italian court's stay on its move to encash another guarantee deposited in an Italian bank.
India News | Edited by Surabhi Malik (With Inputs from PTI) | Thursday January 9, 2014
A team of Defence Ministry and CBI officials will question alleged middleman Guido Haschke in Italy today in connection with the Rs 3600-crore VVIP chopper scam.
India News | Press Trust of India | Saturday January 4, 2014
In an off-shoot of VVIP helicopter deal scam, CBI today registered a case against a Brigadier working with Army Aviation for allegedly fudging trial flight records of the helicopters.
India News | Reuters | Friday January 3, 2014
Italian defence group Finmeccanica said on Thursday its AgustaWestland unit welcomed India's decision to take part in an arbitration process over a $770 million helicopter deal.
India News | Nitin Gokhale | Thursday January 2, 2014
India has finally cancelled the controversial Rs 3,600-crore contract for 12 helicopters meant for VVIPs with UK-based AgustaWestland amid allegations that deal was riddled with kickbacks.
India News | Edited by Surabhi Malik (With Inputs from PTI) | Wednesday January 1, 2014
India has cancelled the Rs 3,600 crore VVIP chopper deal with British manufacturer AgustaWestland over allegations that it was riddled with kickbacks, sources in the Defence Ministry have told NDTV.
India News | Press Trust of India | Saturday December 7, 2013
Indian officials will examine alleged middleman Guido Haschke in the VVIP chopper scam during the ongoing proceedings of the case in an Italian court on December 13, Defence Ministry sources today said.