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Italian firm denies irregularity in chopper deal

Last Updated: Monday, February 27, 2012 - 20:33

New Delhi: Three days after Defence Ministry
ordered a probe to find out if there was any corruption in the
VVIP choppers deal, Italian firm Finmeccanica on Monday said its
subsidiary AgustaWestland was "not involved in any
irregularity" in the Indian tender.

Defence Minister A K Antony had ordered a probe on Friday
to find out if there was corruption in the Rs 3,500-crore deal
to procure 12 helicopters for VVIPs from European defence firm

"Finmeccanica declares that AgustaWestland is not
involved in any irregularity concerning the supply of
helicopters in India. No notice related to the purported
investigations has been served to companies and officers of
the Group neither in Italy, nor in India," the Italian company
said in a statement.

It said "companies of the Group have adopted
organizations and ethical codes in line with regulations and
best practices aimed at preventing and banning any conduct not
responding to proper management standards."

The Defence Ministry had ordered the probe after reports
in Italian daily `La Repubblica` suggested prosecutors in that
country have already started probing allegations of corruption
in the multi-millon dollar deal.

They say Italian Attorney General`s office began the
probe last year into the dealings by Finmeccanica and it has
been widened to include the Rs 3,546-crore contract with

India had signed a contract worth Rs 3,546.17 crore in
February, 2010, to procure 12 of these helicopters, of which
eight would be for VVIP transportation.


First Published: Monday, February 27, 2012 - 20:33

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