Finmeccanica was at the heart of the multi-crore AgustaWestland chopper scam in early 2013.
New Delhi: The government of India has barred Italian arms manufacturing firm Finmeccanica from any future tenders in the wake of scam charges, but has allowed it to carry on its ongoing deals in the country, sources said on Tuesday.
Finmeccanica was at the heart of the multi-crore AgustaWestland chopper scam in early 2013 in which several top politicians and defence officials were accused of accepting bribes to let Finmeccanica win the multi-crore deal to provide 12 AgustaWestland choppers.
The move of the NDA government is a major departure from the previous UPA regime which would entirely bar a company that was found guilty of corrupt practices.
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