The Canadian PressMay 4, 2013 07:30
MILAN - The former CEO of the Italian defence giant Finmeccanica was freed Saturday from jail pending his trial on corruption charges next month.
Giuseppe Orsi, who was held for some 80 days in pre-trial detention, faces charges for his alleged involvement in the payment of bribes to secure a 560 million euro ($670 million) deal to sell 12 helicopters to India.
A speedy trial for Orsi, who was head of the Agusta helicopter division at the time of the deal, and his Agusta successor Bruno Spagnoli, opens June 19. Spagnoli, meanwhile, was released from house arrest Saturday.