An Italian court Thursday sentenced the former head of Finmeccanica, Giuseppe Orsi, to two years in prison for false bookkeeping. But he was acquitted of international corruption related to a $712 million deal to sell 12 helicopters to India in 2010.… Continue Reading
Posts Tagged: Bruno Spagnolini
Two former managers of Finmeccanica SpA, Italy’s state-controlled defense and industrial group, have been arrested over allegations of international corruption connected to a tracking system for waste-hauling trucks.
Lorenzo Borgogni, Finmeccanica’s former head of external relations, and Stefano Carlini, former operating manager of Selex Service Management, a Finmeccanica subsidiary running the Sistri project, were placed under house arrest on Monday.… Continue Reading
The former chairman and CEO of Italian defense giant Finmeccanica went on trial Wednesday in Italy.
Giuseppe Orsi is charged with fraud and corruption. Prosecutors say he bribed Indian officials to win a 2010 contract to produce a dozen helicopters for use by India’s political leaders.… Continue Reading
The head of Italian defense firm Finmeccanica SpA was arrested Tuesday by Italian police on allegations that he bribed Indian officials to win sales of helicopters.