Brazil’s Embraer in $205 mn US bribery settlement
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DefenceTalkBrazilian aerospace company Embraer SA on Monday settled with US authorities for $205 million over bribery allegations in the Dominican Republic, Saudi Arabia, and Mozambique. The company took in nearly $84 million in profits on aircraft sales after paying bribes, the US Justice Department and Securities and Exchange Commission announced jointly. “Embraer paid millions of […]https://www.defencetalk.com/brazils-embraer-in-205-mn-us-bribery-settlement-68478/
Italian Court Acquits Finmeccanica Executives of Bribery Charges In Chopper Deal
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DefenceTalkAn Italian court on Thursday acquitted senior executives of military consortium Finmeccanica of corruption charges in the VVIP helicopter deal with India, but [India’s Central Bureau of Investigation, CBI] insists that the verdict would not adversely affect its ongoing criminal investigation into allegations of kickbacks in the Rs 3,600 crore 2010 deal. The Milan court […]https://www.defencetalk.com/italian-court-acquits-finmeccanica-bribery-charges-helicopter-deal-60738/
India’s Defense Sector Still Plagued by Corruption
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DefenceTalkDespite attempted reforms, India’s defense procurement system remains tainted by corruption and wrongdoing. Today, Deba Mohanty explains why New Delhi has failed to solve a problem that puts the country’s military modernization efforts at risk. India’s defense procurement sector continues to be rocked by instances of corruption and wrongdoing that have the potential to compromise […]https://www.defencetalk.com/indias-defense-sector-still-plagued-by-corruption-58778/
India scraps AgustaWestland chopper deal over bribe allegations
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DefenceTalkIndia cancelled on Wednesday a 556-million-euro ($753 million) contract with Anglo-Italian firm AgustaWestland to buy luxury helicopters for VIPs amid bribery allegations. The deal signed in February 2010 was scrapped after Defence Minister A. K. Antony held a meeting with Prime Minister Manmohan Singh whose Congress-led government has been buffeted by a string of corruption […]https://www.defencetalk.com/india-scraps-agustawestland-chopper-deal-over-bribe-allegations-50019/
US Navy commander sacked in widening bribery scandal
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DefenceTalkA US naval commander has been sacked over his alleged links to an elaborate bribery scandal that involved prostitutes, luxury travel and multimillion-dollar government contracts, officials said Friday. Captain Daniel Dusek, commanding officer of the USS Bonhomme Richard based at the port of Sasebo, Japan, was relieved of his duties “due to a loss of […]https://www.defencetalk.com/us-navy-commander-sacked-in-widening-bribery-scandal-49300/
Bribe Charges In Another Indian Copter Deal
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DefenceTalkThe ongoing VVIP helicopter contract scandal has sent the separate impending procurement of 197 light utility helicopters into a tailspin, with the Army now asking the government to conduct a fresh probe into the role played by a brigadier who allegedly demanded money from AgustaWestland to swing the latter deal as well. Army chief General […]https://www.defencetalk.com/bribe-charges-in-another-indian-copter-deal-47340/
Italy defence firm chief arrested for India bribes: reports
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DefenceTalkItalian police on Tuesday arrested the chief executive of aerospace and defence giant Finmeccanica for corruption and embezzlement in relation to alleged bribes given to the Indian government, Italian media reported. Giuseppe Orsi had been under investigation for months and had denied any wrongdoing in the deal for the sale of 12 AgustaWestland helicopters to […]https://www.defencetalk.com/italy-defence-firm-chief-arrested-for-india-bribes-reports-46794/