Finmeccanica says it, unit did not violate Indian law

MILAN Tue Feb 19, 2013 8:09pm IST

The headquarters of Italian defence and aerospace company Finmeccanica is seen in Rome May 3, 2012. REUTERS/Max Rossi/Files

The headquarters of Italian defence and aerospace company Finmeccanica is seen in Rome May 3, 2012.

Credit: Reuters/Max Rossi/Files

Related Topics

Stocks

   

MILAN (Reuters) - Italy's defence company Finmeccanica(SIFI.MI), at the centre of a probe into alleged bribery to win an Indian contract, said it never broke Indian law and was confident unit AgustaWestland would be able to demonstrate it had done the same.

"Following recent reports concerning the alleged involvement of AgustaWestland in irregularities relating to a contract for the supply of helicopters to the Indian government, Finmeccanica highlights that it has acted correctly throughout the 40 years it has operated in India," the Italian company said in a statement on Tuesday.

"Finmeccanica is confident AgustaWestland will demonstrate it has fully complied with Indian law," it added

In the statement, state-controlled Finmeccanica also said it was ready to cooperate with Indian authorities to clarify the matter and would follow international procedures in matter of judicial cooperation.

(Reporting By Lisa Jucca)

FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

India-WTO Row

REUTERS SHOWCASE

Market Eye

Market Eye

Nifty falls most in nearly 3-1/2 weeks; Sensex down over 400 points  Full Article 

Factory Activity

Factory Activity

Factories post fastest growth for 17 months in July  Full Article 

Paying for Bail

Paying for Bail

Jailed Subrata Roy gets office to negotiate hotel sales.  Full Article 

Rupee Dips

Rupee Dips

Rupee posts biggest weekly loss since record lows in August.  Full Article 

Reviving Infosys

Reviving Infosys

CEO Sikka says to improve business with new growth avenues  Full Article 

Outlook Slashed

Outlook Slashed

ArcelorMittal cuts outlook as ore prices hit mining  Full Article 

Re-gaining Momentum

Re-gaining Momentum

China, Asian factory growth gathers pace; Europe falters  Full Article 

Factory Lockout

Factory Lockout

Pfizer says threats to managers force staff lockout at Mumbai factory .  Full Article 

Gold Smuggling

Gold Smuggling

In cat-and-mouse game, India uncovers new gold smuggling route.  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage