India lifts ban on Italy arms firm linked to Agusta scam | India News


The Agusta chopper scam came to light in 2012 (File photo)

NEW DELHI: India has lifted the ban on business dealings with defence major Leonardo SpA, the erstwhile Italian conglomerate Finmeccanica enmeshed in the infamous Rs 3,546 crore VVIP helicopter scam along with its UK-based subsidiary AgustaWestland International since 2013-2014.
The defence ministry’s decision to resume business with Leonardo SpA is “subject to certain conditions imposed on the company”, top government sources told TOI on Saturday. Under the conditions, Leonardo SpA cannot make any commercial claims or file any civil suit against the Indian government for any previous deal. Moreover, new business dealings will take place “without any prejudice” to the ongoing investigations into the alleged VVIP helicopter scam by the CBI and Enforcement Directorate, which will continue, the sources added.
The MoD decision to lift the ban was taken after a high-level committee examined…

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