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URGENT ¥¥¥ India vows to scrap Italy chopper deal if graft proved

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(Globalpost/GlobalPost)

India's defence minister threatened Wednesday to cancel a deal to purchase 12 helicopters from the Italian firm Finmeccanica if a government inquiry proved the deal had been secured through kickbacks.

"If we find any evidence of corruption then we will blacklist the company and even cancel the deal," A. K. Antony told reporters in New Delhi. "We don't want to jump the gun... (but) we can get our money back at any stage."

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http://www.globalpost.com/dispatch/news/afp/130213/urgent-india-vows-scrap-italy-chopper-deal-if-graft-proved