Finmeccanica's former chief Giuseppe Orsi, accused in VVIP chopper scam, freed from jail
Associated Press | Sunday May 5, 2013
The former CEO of the Italian defense giant Finmeccanica was freed Saturday from jail pending his trial on corruption charges next month.
VVIP chopper scam: India gets first set of documents from Finmeccanica
Press Trust of India | Monday March 11, 2013
The government has received the first set of official documents from Italy in connection with the VVIP chopper scam including the warrants issued against former Chief Executive Officer (CEO) of Finmeccanica Giuseppe Orsi by authorities there.
Italy's Finmeccanica delays results over India probe
Friday February 22, 2013
Italian defence group Finmeccanica has delayed publication of its 2012 results after a bribery probe connected with the sale of 12 helicopters to Indian authorities, it said on Thursday.
VVIP chopper scam: on Day One, Indian team hits roadblocks
Sunetra Choudhury | Tuesday February 19, 2013
As soon as the investigating team from India probing the VVIP chopper scam landed in Milan this morning, their agenda was clear.
VIP chopper scam: for alleged kingpin, a simple house, no swimming pool
Sunetra Choudhury | Monday February 18, 2013
The town of Sesto Calende is about an hour's drive from Milan, but it lacks the fashionable glamour of Milan, or the quaint charm of Italian countryside villages. And yet, Sesto Calende has landed its 15 minutes of fame. This is where Italian defence...
Alleged middleman Guido Haschke 'cleaned' up documents related to VVIP chopper scam: reports
Press Trust of India | Sunday February 17, 2013
Alleged middleman Guido Haschke had "cleaned up" all the documents from his computer that related to the VVIP chopper deal in which kickbacks were allegedly involved with Italian investigators saying the details could open a "Pandora's box".
VVIP chopper deal: Italian court refuses to share case documents with India
Edited by Ashish Mukherjee | Saturday February 16, 2013
A court in Italy has refused to share with India documents of the Rs 4,000-crore VVIP helicopter deal that Italian defence giant Finmeccanica allegedly won by bribing Indian officials.
VVIP chopper scam: from Italy, more on 'the family'
Edited by Surabhi Malik | Saturday February 16, 2013
After he was arrested for allegedly having bribed Indian officials to land a deal for 12 VVIP helicopters, Giuseppe Orsi resigned on Friday as CEO of Italian defence giant Finmeccanica.
Italian PM Mario Monti assures 'correct governance' of its defence group Finmeccanica
Associated Press | Friday February 15, 2013
Italian Prime Minister Mario Monti has said that his government would "guarantee the correct governance" of Italian defence and aerospace company Finmeccanica, after its Chief Executive Officer Giuseppe Orsi was arrested on suspicion of corruption.
VVIP chopper scam: Julie Tyagi denies any kickbacks
Press Trust of India | Friday February 15, 2013
Facing charges of taking kickbacks in the Rs 3,600 crore VVIP chopper deal, a cousin of ex-Indian Air Force chief SP Tyagi today termed as "baseless" the allegations against him and his two brothers, and said they were open to any inquiry.
Brigadier in Indian Army asked for 5 million dollar bribe: Italian enquiry
Press Trust of India | Friday February 15, 2013
Italian prosecutors investigating defence giant Finmeccanica say that in addition to bribing officials for a 12-helicopter deal, the company discussed kickbacks for a larger deal as well with a serving Brigadier in the Indian Army.
Finmeccanica shares recover 2 per cent amid probe into bribery case
Thursday February 14, 2013
Shares of Italian firm Finmeccanica today recovered by nearly two per cent in Borsa Italiana, after plunging as much as 14 per cent since February 12 amid a probe into the alleged bribery by it for securing a VVIP helicopter deal from India.
VVIP chopper scandal: Bribes necessary to do global business, says former Italian PM
Press Trust of India | Thursday February 14, 2013
Defending Finmeccanica SpA's jailed ex-chief executive officer Giuseppe Orsi, former Italian Prime Minister Silvio Berlusconi today said bribes are a necessary part of doing business globally.
VVIP chopper scandal: AgustaWestland had kept Rs 217 crore for bribe, says report
Press Trust of India | Thursday February 14, 2013
Italy's state-controlled AgustaWestland had allegedly kept aside Rs 217 crore as part of "corrupt activity" to bag India's Rs 3,600 crore deal and its choppers became eligible only after certain required parameters were altered in the tender document...
VVIP chopper scandal: Met ex-air force chief Tyagi a few times, says middleman
Edited by Prasad Sanyal | Friday February 15, 2013
Former Air Force chief SP Tyagi has denied that he accepted kickbacks in return for helping Italian defence giant Finmeccanica land a 4,000-crore deal from India for 12 VVIP helicopters. But an alleged middleman for helicopter manufacturer AgustaW...