Finmeccanica

Home of Indian ex-air force chief Tyagi raided in Finmeccanica probe

Former Indian air force chief Shashi Tyagi. Photo: AP

Detectives raided the home of India’s former air force chief on Wednesday as part of an investigation into alleged bribes paid to secure a US$748 million contract for 12 Italian helicopters.

Wednesday, 13 March, 2013, 4:38pm

British PM's visit to India marred by helicopter scandal

British Prime Minister David Cameron speaks in Mumbai yesterday at the start of a three-day visit to boost trade.Photo: AFP

British Prime Minister David Cameron arrived in India on Monday with what he called Britain's biggest ever overseas business delegation for a three-day visit clouded by a corruption scandal.

19 Feb 2013 - 4:45am

Italian defence boss resigns over India bribe scandal

Giuseppe Orsi resigned on Friday in a bribery scandal over the sale of helicopters to India. Photo: EPA

The head of Italian defence and aerospace giant Finmeccanica, Giuseppe Orsi, resigned on Friday in a bribery scandal over the sale of helicopters to India as investigators questioned him in prison.

15 Feb 2013 - 9:54pm

Italian bribery scandal shakes Indian politics

Finmeccanica Chairman and CEO Giuseppe Orsi was arrested on Tuesday in a probe over allegations of corruption in an Indian helicopter deal. Photo: Reuters

India’s government struggled to contain the fall-out on Friday from a fresh corruption scandal involving the purchase of Italian helicopters for VIPs.

15 Feb 2013 - 5:56pm

India will punish guilty in Finmeccanica helicopter deal

India’s defence ministry has said the helicopter contract with AgustaWestland included an integrity clause against bribery or the use of undue influence. Photo: EPA

India will punish any official found guilty of taking bribes from Finmeccanica to steer a multimillion-dollar helicopter contract to the Italian defence firm, the defence minister said on Wednesday.

13 Feb 2013 - 6:06pm