Finmeccanica helicopter unit backs CEO over bribe prone
LONDON (Reuters) - Helicopter manufacturer AgustaWestland issued a statement in support of its chief executive after he was caught up in a corruption case over a contract with the Indian government.
Bruno Spagnolini, head of the helicopter business, has been placed under house arrest, a source said. Police arrested Giuseppe Orsi, CEO of parent company Finmeccanica(SIFI.MI), as part of the same inquiry.
"The company expresses its support to both of them and confirms its confidence in the judges," the statement said.
(Writing by Keith Weir, 44 20 7542 8022)
- Tweet this
- Share this
- Digg this
- Exit polls see gains for BJP in state elections
- U.S. court questions Google defense against Oracle over Android
- UPDATE 5-Hezbollah says commander killed in Beirut, blames Israel
- Billionaire investor Icahn steps up pressure on Apple
- UPDATE 3-TV's "Domestic Goddess" Nigella tells UK court she took cocaine
The Hindu nationalist opposition Bharatiya Janata Party (BJP) emerged as the biggest winner in four key state elections, exit polls forecast on Wednesday, a possible blow to the ruling Congress ahead of a general election due next year. Full Article
Author Manil Suri wins Britain's bad sex award for "quarks" and "superheroes" scene. Full Article