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Italian Court Accepts Request for Monetary Measures: Finmeccannica
Facing a Central Bureau of Investigation probe in India, defence firm Finmeccannica on Sunday claimed that an Italian court hearing the VVIP chopper scam has accepted its "request for monetary measures" in the case against its subsidiary company AgustaWestland and accordingly imposed fines of over Rs 62 crore on it.
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Chopper Scam: Italian Firm Barred from Future Defence Contracts, But Will Continue Current Deals
India will continue to buy weapon systems and hardware from Italian defence equipment firm Finmeccannica, which, along with its subsidiaries, has been accused of paying huge kickbacks to clinch a Rs 3650-crore defence deal to supply VVIP helicopters.
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Italian Court Accepts Request for Monetary Measures: Finmeccannica
Facing a Central Bureau of Investigation probe in India, defence firm Finmeccannica on Sunday claimed that an Italian court hearing the VVIP chopper scam has accepted its "request for monetary measures" in the case against its subsidiary company AgustaWestland and accordingly imposed fines of over Rs 62 crore on it.
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Chopper Scam: Italian Firm Barred from Future Defence Contracts, But Will Continue Current Deals
India will continue to buy weapon systems and hardware from Italian defence equipment firm Finmeccannica, which, along with its subsidiaries, has been accused of paying huge kickbacks to clinch a Rs 3650-crore defence deal to supply VVIP helicopters.
