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Italy court acquits former Leonardo top managers in India corruption case

Reuters  |  MILAN 

(Reuters) - An Italian appeals on Monday acquitted two former executives over a case related to a large 2010 helicopter contract to the Indian

Giuseppe Orsi, former chief executive of the group, formerly known as Finmeccanica, and Bruno Spagnolini, once at the AgustaWestland, were cleared of charges as "there isn't sufficient proof", according to the sentence read out in

In December 2016, Italy's highest had ordered a re-of the case, after the former executives of the Rome-based group were found guilty on charges related to a 560 million euros ($672 million) contract to supply a dozen helicopters to

A earlier that year had sentenced Orsi to four and a half years in prison for and falsifying invoices and Spagnolini to four years in jail.

(Reporting by Emilio Parodi, writing by Giulia Segreti; editing by Agnieszka Flak)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, January 08 2018. 18:08 IST