Italian defence and aerospace major Finmeccanica’s former chief Giuseppe Orsi has been sentenced by the Milan appeals court to 4.5 years in jail for false accounting and corruption over the sale of 12 VVIP choppers to India for ₹3,600 crore.
In the ruling, which overturned a previous court order of 2014, Bruno Spagnolini, the former CEO of Finmeccanica’s helicopter subsidiary AgustaWestland, was also handed a four-year prison term by the court yesterday.
The court found both guilty of corruption in relation to the sale of 12 helicopters to the Indian government and sentenced Orsi to a jail term of four-and-a half years, Italian news agency ANSA reported.