Former Finmeccanica Chief Executive Officer Giuseppe Orsi has denied knowing the family of Air Chief Marshal S P Tyagi in the ongoing investigations in Italy into the alleged payment of kickbacks of Rs 362 crore for supplying 12 VVIP choppers to India.
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Former Finmeccanica CEO Giuseppe Orsi, who faces an 'instant trial' in June over allegations of corruption in the Rs 3,600 crore VVIP chopper deal with India, was on Saturday released from jail.
Former Finmeccanica CEO Giuseppe Orsi was questioned by an Italian magistrate on Wednesday in connection with allegations that kickbacks to the tune of Rs 362 crore were paid in India to bag VVIP helicopter deal.
Orsi was at the helm of AugustaWestland when the deal was struck and he is suspected of involvement in the payment of bribes.
Italian defence and aerospace major Finmeccanica's former chief Giuseppe Orsi has been sentenced by the Milan appeals court to 4.5 years in jail for false accounting and corruption in the sale of 12 VVIP choppers to India for over Rs 3,600 crore.
This is the message Finmeccanica chief Giuseppe Orsi sent along with a bottle of champagne to his rivals American Sikorsky, a day ahead of the award of the Rs 3,600 crore contract in February 2010, according to a report by the Italian investigators.
Her comments, which were aired on Wednesday, were recorded by an official royal cameraman during a Buckingham Palace garden party.
When the IAF veterans' bail petition came up for hearing, in an unprecedented move, senior serving and retired Air Marshals and Air Vice Marshals rallied behind the accused officers and appeared before the court to give sureties for each, something that has never happened ever before.
The incident in Streatham was part of an active counter-terror operation during which the male suspect was pronounced dead at the scene. A device strapped on his body was later established as fake at the end of the attack, which counter-terror officers believe to be "Islamist-related".
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.
Govt said that it will take "suitable action" against Finmeccanica.
"Giuseppe Orsi, the head of Italian defence and aerospace giant Finmeccanica, was arrested on Monday in relation to a probe into international corruption. He is suspected of involvement in the payment of bribes regarding the sale to the Indian government of 12 helicopters produced by Finmeccanica's subsidiary AgustaWestland," Italian news agency Ansa said.
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 Finmeccanica CEO Giuseppe Orsi by authorities there.
The Central Bureau of Investigation team which reached Italy on Tuesday to probe role of Indians in the alleged Rs 3,600 crore VVIP helicopter deal scam met its lawyer and described the meeting as "useful."
Embattled Anglo-Italian helicopter maker AgustaWestland may face a probe in the UK over its 480 million pounds scandal-hit deal with India for the supply of 12 VVIP choppers.
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.
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Swamy had written to the Election Commission, the DGCA and the Civil Aviation Ministry not to grant a license to the carrier.
Rejecting allegations of "non-cooperation", the Central Bureau of Investigation has said that all documents related to AgustaWestland helicopter bribery scandal have been provided to prosecutors in Italy who are contesting the case there.
With an aggressive Opposition and unyielding government, important legislation could be the biggest casualty, as details of the helicopter contract surface.
Others named in the chargesheet include alleged European middlemen in the deal, Carlo Gerosa and Guido Haschke.
Parrikar had recently challenged the Congress to show the order by the UPA government confirming the blacklisting.
Nitin Gokhale, national security expert and founder BharatShakti.in, tells us what the controversy is all about.
He was subjected to a marathon 10-hour questioning on Thursday by ED investigators.
Moving ahead towards cancelling the controversial chopper deal, the Defence Ministry on Wednesday said it has issued a final show cause notice to AgustaWestland for "violating" the terms of the Rs 3,600 crore contract for supplying 12 VVIP choppers to the Air Force.
The Anglo-Italian firm said that the defence ministry had no right to unilaterally suspend the contract for the 12 VVIP choppers. The firm added that it has since April been requesting the ministry to hold discussions on the issue, but there has been no response from the government
Christian Michel's investigation in New Delhi has revealed nothing substantial, contrary to the expectations of the prime minister and the media hype. A fascinating excerpt from Raju Santhanam's The Untold Story of Christian Michel and Agustawestland.
Government is awaiting a report from its embassy and team in Italy to get a final picture on whether Defence Minister A K Antony has been listed as a witness in the VVIP chopper scam trial by a court there.
The ex-IAF chief was questioned in the same case by CBI for the last three days. This is the first time that the ex-Chief of Staff of the Indian Air Force has been summoned by the Enforcement Directorate.
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.
Michel may prove to be the missing link in the money trail in the alleged multi-crore scam being probed by the CBI.
The Delhi High Court on Thursday sought response of the Centre and the Enforcement Directorate on the bail plea of businessman Gautam Khaitan, arrested last month in a money laundering case related to the Rs 3,600-crore VVIP chopper deal.
While questioning Christian Michel in Dubai, Rosemary Patrizi tells Ashis Ray, Indian investigators made him an offer -- that if he named a member of the Gandhi family as having received kickbacks, they would not pursue him as an accused.
Taken by surprise by the decision of an Italian judge to include Defence Minister A K Antony as a possible witness in a trial relating to corruption in the Rs 3,600 crore AgustaWestland chopper deal, India on Monday night ruled out his appearance in the court.
Michel was extradited in an operation under the guidance of National Security Advisor Ajit Doval, the Central Bureau of Investigation said on Tuesday.
India on Wednesday cancelled its Rs 3,600 crore deal with Anglo-Italian firm AgustaWestland for the supply of 12 VVIP choppers to the Air Force in view of charges that kickbacks to the tune of Rs 360 crore had been paid in it.
Armed with fresh details on the alleged kickbacks, India has initiated steps to cancel the Rs 3,600 crore-chopper deal with Anglo-Italian firm AgustaWestland by issuing a show cause notice to it in this regard.
'Narendra Modi knows that the Congress without the Gandhis is a more formidable and more dangerous adversary.'
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