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Italy court acquits two former execs in Agusta graft case

May 23, 2019 05:36 AM

COURTESY HT MAY 23

Italy court acquits two former execs in Agusta graft case
Italy’s Supreme Court on Wednesday acquitted two former executives of defence company Leonardo in a bribery case related to the 2010 helicopter contract with the Indian government. Giuseppe Orsi, former chief executive of the Italian state-controlled defence group previously known as Finmeccanica, and Bruno Spagnolini, former head of its helicopter business Agustawestland, were both cleared of corruption charges. The state prosecutor in the case had asked for the pair to be acquitted citing a lack of sufficient proof. An appeals court in 2016 had found the two former executives of the Rome-based group guilty on corruption charges over the supply a dozen helicopters, giving them prison sentences of four and 4-1/2 years. However, Italy’s highest court ordered a retrial, and in 2018 another appeals court acquitted the two. No further appeal is possible after Wednesday’s ruling

 
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