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India cancels AgustaWestland deal

Jan 02, 2014 00:29 IST
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India on Wednesday cancelled its Rs 3,600 crore deal with Anglo-Italian firm AgustaWestland for supply of 12 VVIP choppers to the Air Force in view of charges that kickbacks to the tune of Rs 360 crore were paid in it. Speaking on the same, Defence Expert, Uday Bhaskar on Wednesday said that with the kind of investigation that has been carried out, it was almost predictable that it will be cancelled. He further said that the government must take a quick action on procedural transgression.

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