News India The curious case of Chandigarh firms in VVIP chopper deal

The curious case of Chandigarh firms in VVIP chopper deal

Chandigarh, Feb 16: The names of two Chandigarh-based companies have emerged in the controversy around the $750 million VVIP chopper deal with Italian company Finmeccanica, which was supplying the AgustaWestland helicopters to India.The names of



The action comes a day after the government warned Finmeccanica of legal action, including blacklisting, and asked whether any slush money had been paid to fix the deal that has led to a political uproar.



The defence procurement scam came to light when the Italian government arrested Finmeccanica CEO Giuseppe Orsi Tuesday for allegedly paying bribes to clinch the chopper deal. The government launched a Central Bureau of Investigation (CBI) probe into the bribery charges on Tuesday.

India has inducted only three of the 12 AgustaWestland-101 helicopters till now, with the remaining nine slated for delivery later this year. India is so far reported to have paid part of the total amount to AgustaWestland, the Britain-based subsidiary of Finmeccanica.

Latest India News