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Agusta hands over contract with middleman Michel to MoD

Friday, 22 March 2013 | PNS | New Delhi

AgustaWestland has handed over its contract with alleged middleman Christian Michel regarding the VVIP helicopter deal to the Defence Ministry and maintained that it had not committed any wrongdoing.

Responding to a notice by the Defence Ministry last week to explain its links with alleged middlemen and two Indian companies, AgustaWestland in its reply said there was nothing to indicate that Michel, a British national, and other people were hired by the company for committing anything wrong, officials said here on Thursday.

Michel along with Guido Hashcke were allegedly been hired by Italian conglomerate Finmeccanica, the parent company of AgustaWestland, to bag the `3,700 crore contract.  The ongoing Italian probe suggests that bribe amounting to `362 crore was paid to get the contract.

The CBI has named Michel in the FIR in the scandal along with former IAF chief SP Tyagi and his three cousins. The Defence Ministry had asked the CBI to probe into the deal on February 18 after the arrest of CEO of Finmeccanica Giuseppe Orsi and AgustaWestland CEO Bruno Spagnolini by Italian investigators.

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