NEW DELHI — India on Friday said it had started the process of canceling a $748-million deal for 12 Italian helicopters amid allegations that the contract was won through kickbacks.
The ministry of defense said in a statement it had “initiated action for (the) cancellation” of the contract for 12 helicopters from AgustaWestland intended for use by VIPs such as the prime minister.
Also Friday, the chief executive of Italian aerospace group Finmeccanica, the parent company of AgustaWestland, formally resigned.
Giuseppe Orsi, who was arrested Tuesday in a bribery scandal over the helicopter sale, also stepped down as chairman and presented his resignation letter to Judge Luca Labianca, who heard his testimony behind bars.
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