Finmeccanica chairman resigns after arrest in corruption scandal

MILAN Fri Feb 15, 2013 7:52am EST

Finmeccanica Chairman and Chief Executive Officer Giuseppe Orsi poses in a helicopter during the opening ceremony of the new Terminal of Vertiporto dell'Urbe in Rome January 19, 2009. REUTERS/Remo Casilli

Finmeccanica Chairman and Chief Executive Officer Giuseppe Orsi poses in a helicopter during the opening ceremony of the new Terminal of Vertiporto dell'Urbe in Rome January 19, 2009.

Credit: Reuters/Remo Casilli

Related Topics

MILAN (Reuters) - Giuseppe Orsi, the chairman of Italian air defense group Finmeccanica who was arrested this week over his alleged involvement in a corruption scandal, has resigned his position, Orsi's lawyer said on Friday.

Orsi has also tendered his resignation as a Finmeccanica board member, the lawyer, Ennio Amodio, told reporters.

Orsi, who was questioned by prosecutors on Friday, faces allegations of paying bribes to win a 560-million-euro contract for the company's AgustaWestland unit to supply helicopters for use by senior Indian politicians. Orsi has denied any wrongdoing.

On Wednesday Finmeccanica appointed company insider Alessandro Pansa as Chief Executive, a position formerly held by Orsi.

(Reporting By Emilio Parodi, writing by Stephen Jewkes, editing by Silvia Aloisi)

FILED UNDER:
We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/
Comments (1)
tmc wrote:
Bribery in India is like Vodka in Russia.

Feb 15, 2013 8:04am EST  --  Report as abuse
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.