Moneycontrol
Feb 13, 2013 07:36 PM IST | Source: Reuters

Finmeccanica deal put on hold after bribery arrest: official

INDIA-DEFENCE-FINMECCANICA:Finmeccanica deal put on hold after bribery arrest: official

NEW DELHI (Reuters) - India has suspended payments to Italian defence group Finmeccanica SpA for a $750 million helicopter deal and won't take delivery of more aircraft until the completion of a federal police investigation into bribery allegations, a defence ministry source told Reuters.

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

tags #Wire News

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