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Saturday 8 December 2012

Govt clears Rs. 4000-crore deal to buy Italian helicopters for VVIPs



New Delhi: Twelve Italian-made helicopters to fly the President, Prime Minister and other important dignitaries will arrive in India next month, with the Defence Ministry deciding not to cancel its deal with Italian company Finmenicca.The Rs. 4,000-crore deal for AW-101 Augustawestland helicopters was under a cloud because of allegations of bribery and wrongdoing against the company. The Indian government decided to go ahead with the purchase after an internal inquiry and after the Indian Embassy in Rome was unable to substantiate any wrongdoing in the helicopter deal, sources said. 
Italian manufacturer Finmeccanica, a company owned by the Italian Government, was contracted for the helicopters in 2010. In 2011, allegations of bribery and wrongdoing surfaced in Italy against the company. The Italian Government is investigating these allegations. 

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