Giuseppe Orsi http://www.globalpost.com/taxonomy/term/32233/all en URGENT ¥¥¥ Italian defence chief arrested for India bribes: reports http://www.globalpost.com/dispatch/news/afp/130212/urgent-italian-defence-chief-arrested-india-bribes-reports <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Italian police on Tuesday arrested the chief executive of aerospace and defence giant Finmeccanica for corruption and embezzlement in relation to alleged bribes given to the Indian government, Italian media reported.</p> <p>Giuseppe Orsi had been under investigation for months and had denied any wrongdoing in the deal for the sale of 12 AgustaWestland helicopters to India in 2010.</p> <p>dt/yad</p> Freemen of the City of London Giuseppe Orsi Year of birth missing AFP Tue, 12 Feb 2013 09:01:08 +0000 Agence France-Presse 5753334 at http://www.globalpost.com Italy defence firm chief arrested for India bribes: reports http://www.globalpost.com/dispatch/news/afp/130212/italy-defence-firm-chief-arrested-india-bribes-reports <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Italian police on Tuesday arrested the chief executive of aerospace and defence giant Finmeccanica for corruption and embezzlement in relation to alleged bribes given to the Indian government, Italian media reported.</p> <p>Giuseppe Orsi had been under investigation for months and had denied any wrongdoing in the deal for the sale of 12 AgustaWestland helicopters to India in 2010.</p> <p>The magistrate in the case also issued an order for the head of AgustaWestland, Bruno Spagnolini, to be put under house arrest.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130212/italy-defence-firm-chief-arrested-india-bribes-reports" target="_blank">read more</a></p> Freemen of the City of London Giuseppe Orsi Italy AFP Tue, 12 Feb 2013 09:01:29 +0000 Agence France-Presse 5753349 at http://www.globalpost.com India orders probe into Italy defence scandal report http://www.globalpost.com/dispatch/news/afp/130212/india-orders-probe-italy-defence-scandal-report <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>India Tuesday ordered an inquiry into reports of alleged bribery of government officials by Finmeccanica after the Italian aerospace giant's chief was said to have been arrested by Italian police.</p> <p>"A probe by the CBI (Central Bureau of Investigation) has been ordered and further details will be given soon," Indian defence ministry spokesman Sitanshu Kar told AFP.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130212/india-orders-probe-italy-defence-scandal-report" target="_blank">read more</a></p> Freemen of the City of London Giuseppe Orsi Year of birth missing AFP Tue, 12 Feb 2013 13:16:26 +0000 Agence France-Presse 5753515 at http://www.globalpost.com India vows to scrap Italy chopper deal if graft proved http://www.globalpost.com/dispatch/news/afp/130213/india-vows-scrap-italy-chopper-deal-if-graft-proved-0 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>India threatened Wednesday to cancel a deal to purchase 12 helicopters from the Italian firm Finmeccanica if an official inquiry proved the contract worth nearly $750 million was secured through kickbacks.</p> <p>"If we find any evidence of corruption then we will blacklist the company and even cancel the deal," Defence Minister A. K. Antony told reporters in New Delhi.</p> <p>"We don't want to jump the gun... (but) we can get our money back at any stage," Antony added.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130213/india-vows-scrap-italy-chopper-deal-if-graft-proved-0" target="_blank">read more</a></p> Agusta Giuseppe Orsi Year of birth missing AFP Wed, 13 Feb 2013 10:17:22 +0000 Agence France-Presse 5754204 at http://www.globalpost.com UPDATE 6-Finmeccanica head arrested over India bribe allegations http://www.globalpost.com/dispatch/news/thomson-reuters/130213/update-5-finmeccanica-head-arrested-over-india-bribe-allegation <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* Head of Italian defence group arrested</p> <p>* Italy faces series of corruption scandals before poll</p> <p>* Orsi's lawyer says no evidence to back bribe claims</p> <p>* Government says working to ensure management continuity</p> <p>* Company calls board meeting for Wednesday</p> <p>By Emilio Parodi and Danilo Masoni</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130213/update-5-finmeccanica-head-arrested-over-india-bribe-allegation" target="_blank">read more</a></p> Business Finmeccanica Giuseppe Orsi Italy Labor Law Thomson Reuters Wed, 13 Feb 2013 14:46:02 +0000 Thomson Reuters 5754460 at http://www.globalpost.com Finmeccanica chopper deal to be scrapped if charges proven: India http://www.globalpost.com/dispatch/news/thomson-reuters/130213/finmeccanica-chopper-deal-be-scrapped-if-charges-proven-india <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>NEW DELHI, Feb 13 (Reuters) - India will blacklist Finmeccanica Spa and cancel its deal to buy 12 helicopters from the Italian defence group if allegations of bribery are proven against the company, Defence Ministry A.K. Antony said on Wednesday.</p> <p>Antony said India's Central Bureau of Investigation (CBI) had been ordered to investigate the matter and if the allegations were proven, those involved would "pay for their lapses. Nobody will be spared."</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130213/finmeccanica-chopper-deal-be-scrapped-if-charges-proven-india" target="_blank">read more</a></p> Finmeccanica SpA Freemen of the City of London Giuseppe Orsi Government of India Thomson Reuters Wed, 13 Feb 2013 15:31:56 +0000 Thomson Reuters 5754576 at http://www.globalpost.com WRAPUP 1-Finmeccanica appoints CEO after India suspends deal http://www.globalpost.com/dispatch/news/thomson-reuters/130213/wrapup-1-finmeccanica-appoints-ceo-after-india-suspends-deal <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* Finmeccanica promotes Pansa to CEO after head arrested</p> <p>* India puts helicopter deal on hold over bribery case</p> <p>* Berlusconi says prosecutor harming Italian economy</p> <p>By Paolo Biondi and Manoj Kumar</p> <p>ROME/NEW DELHI, Feb 13 (Reuters) - Italy's Finmeccanica promoted company insider Alessandro Pansa to run the defence group as CEO after the arrest of its head for alleged bribery led India to suspend a $750-million deal to buy helicopters.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130213/wrapup-1-finmeccanica-appoints-ceo-after-india-suspends-deal" target="_blank">read more</a></p> Business Finmeccanica Giuseppe Orsi Italy Labor Law Technology Thomson Reuters Thu, 14 Feb 2013 01:45:23 +0000 Thomson Reuters 5755197 at http://www.globalpost.com URGENT ¥¥¥ Italian defence boss resigns over India bribery scandal http://www.globalpost.com/dispatch/news/afp/130215/urgent-italian-defence-boss-resigns-over-india-bribery-scandal <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>The chief executive of Italian defence and aerospace giant Finmeccanica, Giuseppe Orsi, caught up in an international bribes scandal, formally resigned on Friday, according to Ansa news agency.</p> <p>Orsi, who was arrested on Tuesday in a bribery scandal over the sale of 12 helicopters to India, also stepped down as chairman, Ansa quoted his lawyer as saying.</p> <p>ljm/ide/arp</p> Freemen of the City of London Giuseppe Orsi Year of birth missing AFP Fri, 15 Feb 2013 13:16:10 +0000 Agence France-Presse 5756642 at http://www.globalpost.com UPDATE 2-India says seeks to cancel Finmeccanica helicopter deal http://www.globalpost.com/dispatch/news/thomson-reuters/130215/update-1-india-says-seeking-cancel-finmeccanica-chopper-deal <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* India steps up action against Italian company in bribery case</p> <p>* Ahead of Cameron visit, asks London for answers</p> <p>* Indian police team will travel to Italy to investigate</p> <p>By Manoj Kumar and Frank Jack Daniel</p> <p>NEW DELHI, Feb 15 (Reuters) - India is seeking to cancel a $750 million order for a dozen helicopters from Italian defence group Finmeccanica, the defence ministry said on Friday, responding to growing pressure over kickback allegations.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130215/update-1-india-says-seeking-cancel-finmeccanica-chopper-deal" target="_blank">read more</a></p> Finmeccanica Finmeccanica Freemen of the City of London Giuseppe Orsi Italy Year of birth missing Thomson Reuters Fri, 15 Feb 2013 14:00:32 +0000 Thomson Reuters 5756672 at http://www.globalpost.com India says to cancel scandal-plagued Italian helicopter deal http://www.globalpost.com/dispatch/news/afp/130215/india-says-cancel-scandal-plagued-italian-helicopter-deal-0 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>India on Friday said it had taken steps to cancel a $748 million contract for 12 Italian helicopters amid allegations that the deal was won through kickbacks.</p> <p>The ministry of defence said in a statement it had "initiated action for cancellation" of the contract for 12 helicopters from AgustaWestland, a unit of Italian aerospace group Finmeccanica, intended for use by top politicians.</p> <p>The ministry issued a "show-cause" notice to Finmeccanica -- a legal step asking the company to justify why the contract should not be cancelled.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130215/india-says-cancel-scandal-plagued-italian-helicopter-deal-0" target="_blank">read more</a></p> AgustaWestland Finmeccanica Giuseppe Orsi AFP Fri, 15 Feb 2013 14:01:03 +0000 Agence France-Presse 5756682 at http://www.globalpost.com India says to cancel scandal-plagued Italian helicopter deal http://www.globalpost.com/dispatch/news/afp/130215/india-says-cancel-scandal-plagued-italian-helicopter-deal-1 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>India on Friday said it had taken steps to cancel a contract for 12 Italian helicopters amid allegations the deal was won through kickbacks as the head of the suspected defence company stepped down.</p> <p>The Indian ministry of defence said in a statement it had "initiated action for cancellation" of the $748 million contract for the helicopters from AgustaWestland, a unit of Italian aerospace group Finmeccanica, intended for use by top politicians.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130215/india-says-cancel-scandal-plagued-italian-helicopter-deal-1" target="_blank">read more</a></p> Agusta Finmeccanica Giuseppe Orsi AFP Fri, 15 Feb 2013 15:00:48 +0000 Agence France-Presse 5756727 at http://www.globalpost.com India says to cancel scandal-plagued Italian helicopter deal http://www.globalpost.com/dispatch/news/afp/130215/india-says-cancel-scandal-plagued-italian-helicopter-deal-2 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>India on Friday said it had taken steps to cancel a contract for 12 Italian helicopters amid allegations the deal was won through kickbacks as the head of the suspected defence company stepped down.</p> <p>The Indian ministry of defence said in a statement it had "initiated action for cancellation" of the $748 million contract for the helicopters from AgustaWestland, a unit of Italian aerospace group Finmeccanica, intended for use by top politicians.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130215/india-says-cancel-scandal-plagued-italian-helicopter-deal-2" target="_blank">read more</a></p> Agusta Business Finmeccanica Giuseppe Orsi AFP Fri, 15 Feb 2013 16:01:16 +0000 Agence France-Presse 5756783 at http://www.globalpost.com Italy helicopter company in bribe probe says it is clean http://www.globalpost.com/dispatch/news/afp/130216/italy-helicopter-company-bribe-probe-says-it-clean <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>AgustaWestland, a unit of Italian aerospace group Finmeccanica, said Saturday that it was complying with India's request for clarifications over a bribery scandal and had fully respected the law.</p> <p>"AgustaWestland is confident that the full compliance with the relevant laws as well as the good conduct of its past and present senior executives and managers will be demonstrated as soon as practicable," it said in a note.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130216/italy-helicopter-company-bribe-probe-says-it-clean" target="_blank">read more</a></p> Agusta Giuseppe Orsi Italy AFP Sat, 16 Feb 2013 12:30:17 +0000 Agence France-Presse 5757462 at http://www.globalpost.com "Nothing to hide" in helicopter deal, India's prime minister says http://www.globalpost.com/dispatch/news/thomson-reuters/130218/nothing-hide-helicopter-deal-indias-prime-minister-says <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By Frank Jack Daniel</p> <p>NEW DELHI, Feb 18 (Reuters) - India's Prime Minister Manmohan Singh said on Monday the government had nothing to hide in a $750 million deal for AgustaWestland helicopters that has been suspended by the Defence Ministry over allegations of kickbacks.</p> <p>The ministry has asked AgustaWestland, owned by Italy's Finmeccanica, to show by Friday that no bribes were paid in the deal and says it is ready to cancel the purchase outright. The helicopter company says it will comply with the request.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130218/nothing-hide-helicopter-deal-indias-prime-minister-says" target="_blank">read more</a></p> AgustaWestland Business Finmeccanica Giuseppe Orsi Labor Law Thomson Reuters Mon, 18 Feb 2013 10:45:24 +0000 Thomson Reuters 5758810 at http://www.globalpost.com UPDATE 1-"Nothing to hide" in helicopter deal, India's PM says http://www.globalpost.com/dispatch/news/thomson-reuters/130218/update-1-nothing-hide-helicopter-deal-indias-pm-says <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>(adds details from Italian sources, context)</p> <p>By Frank Jack Daniel</p> <p>NEW DELHI, Feb 18 (Reuters) - India's Prime Minister Manmohan Singh said on Monday his government had nothing to hide in a $750 million deal for AgustaWestland helicopters that the defence ministry is threatening to cancel over allegations of kickbacks.</p> <p>The ministry has asked AgustaWestland, owned by Italy's Finmeccanica, to show by Friday that no bribes were paid in the deal or face cancellation of the order.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130218/update-1-nothing-hide-helicopter-deal-indias-pm-says" target="_blank">read more</a></p> Business Freemen of the City of London Giuseppe Orsi Labor Law Year of birth missing Thomson Reuters Mon, 18 Feb 2013 14:45:29 +0000 Thomson Reuters 5759022 at http://www.globalpost.com