Govt said that it will take "suitable action" against Finmeccanica.
Defending Finmeccanica SpA's jailed ex-chief executive officer Giuseppe Orsi, Italy's three-time former prime minister Silvio Berlusconi on Thursday said bribes are a necessary part of doing business globally.
The court asked them to furnish a bail bond of Rs 1 lakh with one surety of the like amount.
Italian prosecutors have "shelved" proceedings against defence major Finmeccannica, the parent firm of AgustaWestland, saying it had nothing to do with the alleged corruption in India's Rs 3,600-crore deal to procure 12 VVIP helicopters, Italian news agency Ansa reported.
Airbus' $99 million payout puts a new light on Eurofighter's 'unsolicited bid' to the Modi government, reducing the cost of the Typhoon fighter by 20 per cent, making it in retrospect significantly cheaper than the Rafale.
The Enforcement Directorate has filed a fresh charge sheet, delving specifically into the role of British national and alleged middleman Christian Michel James and his few Indian associates, in connection with its money laundering probe in the Rs 3,600 crore VVIP chopper deal.
In the matter pertaining to acquisition of AgustaWestland helicopters, the undisputed central issue that stands out is corruption, especially bribery, the statement said.
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