NEW DELHI India is investigating the payment of kickbacks linked to the purchase of a dozen helicopters from Italian state-controlled defence group Finmeccanica(SIFI.MI) and could put off the deal, an Indian Defence Ministry official said.
The official, who asked not to be named because of the sensitivity of the information, said 40 million rupee kickbacks were under investigation by Indian law enforcement agencies.
(Reporting by Manoj Kumar; Writing by Frank Jack Daniel, editing by Ross Colvin)
Trending On Reuters
India's economic growth slowed by more than expected in the quarter to June, according to data released on Monday that will worry Prime Minister Narendra Modi and prompt more urgent calls from his aides for interest rate cuts. Full Article | Expert views