A Milan appeals court on Monday
acquitted Giuseppe Orsi, the former president of defence and
aerospace giant Finmeccanica, which has been renamed Leonardo,
of charges related to alleged bribes paid in exchange for a
556-million-euro contract to sell 12 helicopters to the Indian
government.
Bruno Spagnolini, the former CEO of helicopters subsidiary
AgustaWestland, was also cleared in the repeat of the appeals
level trial.
In December 2016 the supreme court of Cassation ordered a
repeat of the appeals trial.
The two had been sentenced to four years six months and four
years respectively, for international corruption and fake
invoicing in the case.
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