2-Jan-2017 Source: HeliHub.com
Former Finmeccanica CEO, Giuseppe Orsi (pictured) and former AgustaWestland Chief, Bruno Spagnolini were arrested earlier this year on charges of corruption and falsifying invoices and were sentenced in April by a Milan appeals court. A retrial has been ordered by Italy’s top court as the two executives launched an appeal. The retrial causes serious implications for the case of S.P. Tyagi, who was arrested recently for bribery and allegedly receiving kickbacks for changing the specifications of a bid in favour of AgustaWestland. The CBI has reported that it has proof against Tyagi, but the majority of the proof lies in Italy. So any reversal in the case in Italy has serious implications for the case in India, reports The Hindu.