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India vows to scrap Italy chopper deal if graft proved

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. "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. "We don't want to jump the gun... (but) we can get our money back at any stage," Antony added.

India orders probe into Italy defence scandal report

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. "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.

Italy defence firm chief arrested for India bribes: reports

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. 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. The magistrate in the case also issued an order for the head of AgustaWestland, Bruno Spagnolini, to be put under house arrest.

URGENT ¥¥¥ Italian defence chief arrested for India bribes: reports

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. 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. dt/yad
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