February 13, 2013 / 2:03 PM / 5 years ago

Finmeccanica deal put on hold after bribery arrest: official

NEW DELHI (Reuters) - India has suspended payments to Italian defence group Finmeccanica SpA SIFI.MI for a $750 million helicopter deal and won’t take delivery of more aircraft until the completion of a Central Bureau of Investigation (CBI) probe into bribery allegations, a defence ministry source told Reuters.

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

Reporting by Nigam Prusty; Writing by Manoj Kumar; Editing by Frank Jack Daniel

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