India investigating kickbacks in Finmeccanica deal - defence ministry source
NEW DELHI (Reuters) - 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)
- Tweet this
- Share this
- Digg this
Trending On Reuters
Prime Minister Narendra Modi may consider using an executive order to push through laws overhauling the insurance and coal sectors, if the increasingly fractious parliament fails to pass them soon, two government officials said on Friday. Full Article