Chopper Deal
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India set to cancel helicopter deal with AgustaWestland: report
Fp Archives •India has decided to cancel a scandal-tainted helicopter deal with Anglo-Italian firm AgustaWestland, prejudging the outcome of a meeting on Wednesday between company executives and Defence Ministry officials to discuss the contract, three sources said.<br /><br />

Finmeccanica delays earnings results over India probe
Fp Archives •Italian defence group Finmeccanica has delayed publication of its 2012 results after a bribery probe connected with the sale of 12 helicopters to Indian authorities, it said on Thursday.

Chopper scam: Italian PM promises 'correct governance' on Finmeccanica
Fp Archives •"The government was able to intervene with some measures to guarantee the correct governance of the company and the whole group," Monti said.

High Court dismisses Gautam Khaitan's bail plea in multi-crore chopper scam
Fp Archives •The HC today dismissed the bail plea of businessman Gautam Khaitan, who was arrested in a money laundering case in the Rs 3,600 crore VVIP chopper deal.

VVIP chopper scam: CBI gets phone transcripts from Italy
Fp Archives •CBI has received transcripts of telephone conversations between Italian middlemen, officials of a defence firm - in which the Italy government has 30 percent stake - and others, in connection with the VVIP helicopter scam.

Corruption took place in chopper deal, admits Antony
Fp Archives •Defence Minister AK Antony today confirmed that corruption had taken place in the controversial helicopter deal with Italian company AgustaWestland.

Chopper deal: Why the government's JPC move is farcical
Sanjay •The three-month deadline is simply impractical; it is at the best a delaying tactic.

Chopper deal: CVC could summon Defence Ministry official
Fp Archives •The anti-corruption watchdog had received the complaint and sent it to the chief vigilance officer, who acts as a distant arm of the CVC, for necessary action, official sources said.

Allegations baseless, open to inquiry: Ex-IAF chief's cousin Julie Tyagi
Fp Archives •In a report filed by Italian investigators on the defence deal in Italy, the three Tyagi brothers -- Julie, Docsa and Sanjeev -- are alleged to have received kickbacks of around Rs 72 lakh from middlemen.

SC declines early hearing to PIL on chopper deal
Fp Archives •The helicopters are produced by Finmeccanica's subsidiary AgustaWestland and till now India has already procured three of them to ferry VVIPs.



