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Finmeccanica News

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The Congress demanded answers from the government over reports of the lifting of a ban on procurement from Finmeccanica company which had been dubbed as corrupt by ruling BJP leaders over the Agusta choppers deal.
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The chances of the prosecution presenting a new appeal have been greatly reduced after the order on the second appeal trial.
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The case against Orsi and Spagnolini resulted from an investigation launched in 2012 into the sale of 12 luxury helicopters to India.
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With the Defence Ministry scrapping Finmeccanica's contract for 'Black Shark' torpedoes, the Indian Navy may consider German SUT torpedoes from its existing platform for its Kalvari class submarines as an interim solution.
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Italy's highest court has suspended a sentence handed earlier this year to the former boss of aerospace and defence group Finmeccanica, Giuseppe Orsi, for false accounting and corruption in connection with the sale of 12 luxury helicopters to India, Italian media reported.
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A key middleman in VVIP chopper scam has written to CBI, saying he is willing to meet with Indian investigating officers in Dubai.
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ED freezes shares worth Rs 86.07 crore owned by companies in Dubai, Mauritius and Singapore in the chopper scam case.
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The Italian court order convicting the then heads of Finmeccanica and AgustaWestland has changed "the understanding" of CBI in its probe into 3,600 crore VVIP helicopter deal alleged bribery case, high-ranking sources claimed here today.
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The government has decided to cancel all ongoing tenders for defence equipment won by Italy's Finmeccanica as a precursor to blacklisting of the firm which is being investigated for bribery in the AgustaWestland VVIP chopper deal.
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Germany's Atlas Elektronik and France's F21 torpedoes are being considered.
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It has been claimed that PM Modi held a private conversation with his Italian counterpart Renzi on the sidelines of a UN meeting.
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The CBI on Monday questioned former IAF chief SP Tyagi along with the chairman and the chief executive officer (CEO) of two private companies in connection with the alleged payoffs in the Rs 3,600-crore AgustaWestland helicopter deal.
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The Congress on Monday slammed BJP leader Subramanian Swamy for claiming that the documents on AgustaWestland deal that he tabled in Rajya Sabha were "approved" by the chair.
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The Central Bureau of Investigation (CBI) on Friday summoned former Air Chief SP Tyagi`s brothers in connection with the Rs 3,600 crore VVIP helicopter deal.
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The ED has sought property details on ten serving and retired officials of the Ministry of Defence and the Indian Air Force.
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This is the first time that former Indian Air Force chief SP Tyagi has been summoned by the Enforcement Directorate.
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The Enforcement Directorate (ED) will on Thursday grill former Indian Air Force chief SP Tyagi, who is also being questioned by the Central Bureau of Investigation (CBI) in connection with the AgustaWestland VVIP chopper deal.
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After the CBI, the Enforcement Directorate is speeding up its probe into alleged money laundering in the AugustaWestland VVIP chopper deal.
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A number of Twitter users are wondering - What actually led to journalist Rajdeep Sardesai's exit from Twitter!
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The Central Bureau of Investigation (CBI) on Saturday linked the alleged irregularities in the Rs 3600 crore VVIP chopper deal with AgustaWestland to former Indian Air Force (IAF) chief SP Tyagi. 






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