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Entries in Finmeccanica (10)

Tuesday
Oct282014

Collective Action: A new approach to combat corruption (Part 7)

In my prior post on Collective Action, I wrote about the importance of voluntary codes of conduct and concluded that in an era of weak regulation, corporate behaviour would have been significantly worse over the last decades without them.

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Tuesday
Oct142014

Ex Finmeccanica boss Orsi cleared of India bribery

An Italian court Thursday sentenced the former head of Finmeccanica, Giuseppe Orsi, to two years in prison for false bookkeeping. But Orsi was acquitted of international corruption related to a $712 million deal to sell 12 helicopters to India in 2010.

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Monday
Oct062014

Ex Finmeccanica CEO casts himself as graft fighter felled by palace intrigue

Former Finmeccanica CEO Giuseppe Orsi is on trial in an Italian court for offering bribes to officials in India to win a $700 million helicopter contract.

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Wednesday
Sep172014

India lifts military procurement ban on Rolls Royce, Finmeccanica

India will allow its military to buy from defense contractors that were previously banned because of graft allegations.

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Tuesday
Mar252014

More Finmeccanica execs arrested for bribery

Lorenzo Borgogni, former head of external relations at Finmeccanica; courtesy of YouTubeTwo former managers of Finmeccanica SpA, Italy's state-controlled defense and industrial group, have been arrested over allegations of international corruption connected to a tracking system for waste-hauling trucks.

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Friday
Jan032014

India nixes AgustaWestland helicopter deal over bribery claims

Photo from the website of AgustaWestland International Ltd.India has terminated a £466 million helicopter order with British-Italian company AgustaWestland International because of allegations the firm bribed officials.

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Thursday
Jun202013

Finmeccanica boss Orsi on trial in Milan

Photo courtesy of Wikimedia CommonsThe former chairman and CEO of Italian defense giant Finmeccanica went on trial Wednesday in Italy.

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Tuesday
Apr092013

Global Contagion Report: AgustaWestland

Country: India

Company Involved: AgustaWestland

Industry: Industrials

Industry Subsector: Defense

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Friday
Feb152013

Orsi out at Finmeccanica

Photo courtesy of Finmeccanica USAThe chairman and CEO of Italian defense giant Finmeccanica, Giuseppe Orsi, has resigned following his arrest Tuesday for alleged illegal payments overseas.

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Tuesday
Feb122013

Finmeccanica chief arrested for India bribes

Giuseppe Orsi, chairman and CEO of Finmeccanica (Photo courtesy of Wikipedia)The head of Italian defense firm Finmeccanica SpA was arrested Tuesday by Italian police on allegations that he bribed Indian officials to win sales of helicopters.

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