2 EX-CEOs SENT TO PRISON IN ITALY FOR VVIP CHOP­PER DEAL

Hindustan Times ST (Mumbai) - HT Navi Mumbai Live - - FRONT PAGE - Press Trust of In­dia let­ters@hin­dus­tan­times.com

A Milan court has sen­tenced Ital­ian de­fence and aero­space ma­jor Fin­mec­ca­nica’s for­mer chief Giuseppe Orsi to four-and-a-half years in jail for false ac­count­ing and cor­rup­tion in the sale of 12 VVIP chop­pers to In­dia.

The ap­peals court, which over­turned a 2014 court or­der that had given Orsi re­prieve, also handed a four-year jail sen­tence to the for­mer CEO of Fin­mec­ca­nica’s he­li­copter sub­sidiary, Agus­taWest­land, Bruno Spag­no­lini, on Thurs­day.

In­dia can­celled the `3,600crore deal in 2014 af­ter al­le­ga­tions sur­faced that the UK-based Agus­taWest­land had paid `423 crore in bribes to swing it its way. The deal for the chop­pers — in­tended for the In­dian Air Force to carry the Pres­i­dent, Prime Min­is­ter and other VVIPs — was signed in 2010.

CON­TIN­UED ON P13

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