You are here: Home » News-ANI » National
Business Standard

Latest AgustaWestland verdict will impact India probe: Ex-CBI chief

ANI  |  New Delhi [India] 

After a Milan acquitted Giuseppe Orsi, former of Italian Finmeccanica, and Bruno Spagnolini, former of the company's AgustaWestland, former (CBI) on Wednesday said the verdict will have an impact on investigations in

"I am not aware of the details of the case because I was not there when the case was registered. .. The information also first came from that some bribe has been paid in this deal. Then they were later acquitted and they were being convicted and now they are acquitted again. So, finally the highest has acquitted them. So, definitely it would have an impact on the Indian investigations because the major part of the investigation was based on the Italian investigation," Singh told ANI.

The former chief, however said that there are two parts to the investigation and the Indian part is still relevant.

"But there are two parts of this investigation. One the Italian authorities have investigated..But there is an Indian part of the investigation, which is relevant and it will still remain relevant that the allegation was that the QRs of the helicopters were changed to favour AugustaWestland. Now, it is up to the investigating authority to prove that this happened," he added.

An Italian on Monday acquitted two former Leonardo (earlier Finmeccanica) executives in the case, wherein bribes were paid to secure the contract of supplying 12 VVIP choppers to

Giuseppe Orsi, a former of Leonardo, and the former AgustaWestland, Bruno Spagnolini, were acquitted for want of evidence.

The Italian media reported that The of Milan acquitted the two ex-Leonardo managers since there was no evidence to support the corruption charges.

and Spagnolini were accused of bribing Indian officials and make false billings, in order to obtain the 556-million euro contract (Rs 3,700 crore) for around 12 helicopters in

According to the allegations, and Spagnolini, who both succeeded in securing the position of of had bribed S.P.Tyagi, the then of the Indian Air Force, to obtain the lowering of the flight quota, by making changes, as indicated in a tender notice.

With the changes made, as suggested by the two, the would have taken the honours. The and the were civil parties at that time in the process.

In April last year, was convicted for four and a half years and Spagnolini for four years.

Italy's highest court, however, had ordered a new appeal process in December last year. The had recently asked for confirmation of convictions, regarding the dispute of false invoices. The judges, on the other hand, agreed with the defendants who had asked for an acquittal.

The motivations for the sentence would be announced within 90 days.

The (CBI), earlier on September 1 last year, had filed a charge sheet against retired Marshal S P Tyagi, former J S Gujral and ten others in the case.

The chargesheet, filed before a special court, also named as accused Tyagi's cousin Sanjeev Tyagi, Gautam Khaitan, and Guido Haschke, alleged middleman Christian Michel, former AgustaWestland and former

The investigation conducted and various documents collected so far revealed that AgustaWestland International Ltd, UK paid an amount of Euro 58 million as kickbacks through Gordian Services Sarl, and IDS Sarl,

These companies further siphoned off the said money in the name of consultancy contracts to the Interstellar Technologies Ltd, and others, which were further transferred to UHY Saxena, Dubai, Matrix Holdings Ltd, and others.

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

First Published: Wed, January 10 2018. 21:10 IST