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Finmeccanica execs cleared of corruption charges

By Colleen Barry
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MILAN (AP) — Finmeccanica CEO Mauro Moretti said he will seek talks with India over a suspended helicopter contract after an Italian court on Thursday acquitted two former executives of corruption in the multi-million euro deal.

Former Finmeccanica CEO Giuseppe Orsi and former CEO of the AgustaWestland helicopter-making division Bruno Spagnolini were acquitted of international corruption charges alleging they had overseen a system of bribes that helped the defense giant secured the 560 million-euro ($670 million) deal for 12 helicopters. They were convicted of false invoicing and sentenced to two years.

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