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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The former chairman and CEO of Italian defense giant Finmeccanica went on trial Wednesday in Italy.
The chairman and CEO of Italian defense giant Finmeccanica, Giuseppe Orsi, has resigned following his arrest Tuesday for alleged illegal payments overseas.
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.