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Trial opens against former Finmeccanica CEO Orsi

June 19, 2013, Milan, Italy - The former head of the Italian aerospace and defence giant Finmeccanica goes on trial in a case involving alleged bribes to win a 560 million euro ($670 million) helicopter contract in India.


June 19, 2013
By Carey Fredericks


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Giuseppe Orsi, who resigned in February, faces corruption charges in a case that has tarnished the state-controlled company.

Also on trial is Bruno Spagnolini, CEO of AgustaWestland, the defence contractor's helicopter division.

The accelerated trial opened Wednesday in Busto Arsizio north of Milan after a judge decided there was enough evidence to proceed without a preliminary hearing.

Orsi has denied wrongdoing, while Spagnolini has not commented. Both Finmeccanica and AgustaWestland deny wrongdoing.

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India, which is also investigating the corruption allegations, has stopped the delivery of the remaining nine AW1010 helicopters.


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