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Acquittal of Orsi, Spagnolini to have no bearing on case: CBI

Press Trust of India  |  New Delhi 

The acquittal of former top executives of and AgustaWestland-- and -- will have no bearing on the case as it is based on an independent investigation with strong evidence, senior central agency officials said today.

The comments came after Orsi, ex-of defence and Finmeccanica, and Spagnolini, a former of the company's AgustaWestland, were acquitted by an Italian today.

The officials said the same set of evidence had resulted in their conviction earlier.

The sources said the case in Italian courts is based on the evidence gathered by the Italian authorities whereas the carried out a completely independent investigation in the matter.

They said there is an option of appeal with Italian authorities even after the order of the of appeals.

"We have had a completely different probe. We have very strong case," said here.

In Italy, criminal sentences are not usually considered definitive until the appeals process has been exhausted.

The case against and Spagnolini resulted from an investigation launched in 2012 by Italian authorities looking into alleged corruption into the sale of 12 helicopters to for the use of VVIPs worth Rs 3600 crore.

The two were accused of international corruption and false invoicing in relation to bribes exchanged for the contract with

Both were cleared on charges of committing international corruption at the first-instance trial in 2014 but convicted of false invoicing and sentenced to two years in prison.

Both appealed against the conviction, while the prosecution appealed against the acquittal on the corruption charge.

In December 2016, the supreme of cassation ordered a repeat of the appeals trial.

Milan's third court of appeal today acquitted and Spagnolini, who were serving four-and-a-half years and four years sentences under the charges.

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

First Published: Mon, January 08 2018. 21:10 IST