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Finmeccanica deal put on hold after bribery arrest: official

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Reuters Delhi, India

NEW DELHI (Reuters) - India has suspended payments to Italian defence group Finmeccanica SpA for a $750 million helicopter deal and won't take delivery of more aircraft until the completion of a Central Bureau of Investigation (CBI) probe into bribery allegations, a defence ministry source told Reuters.

(Reporting by Nigam Prusty; Writing by Manoj Kumar; Editing by Frank Jack Daniel)

 

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First Published: Feb 13 2013 | 7:41 PM IST

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