New Delhi: Faced with cancellation of the Rs 3,546-crore deal for 12 VVIP helicopters, aviation major AgustaWestland on Wednesday told the defence ministry that it was not involved in any wrongdoing to secure the contract.
Top executives of AgustaWestland, the UK-based subsidiary of Italian conglomerate Finmeccanica, also told the MoD that they had nominated former Supreme Court judge B N Srikrishna to represent it in arbitration proceedings against the government since they were left with no other option.
But both the moves failed to cut much ice with the MoD, which has set a November 26 deadline for the helicopter-manufacturer to respond with a detailed written reply to its final cancellation show-cause notice. Joint secretary (air acquisitions manager) Upamanyu Chatterjee, accompanied by other officials, heard the three executives of the AgustaWestland on Wednesday.
21/11/13 Times of India
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Top executives of AgustaWestland, the UK-based subsidiary of Italian conglomerate Finmeccanica, also told the MoD that they had nominated former Supreme Court judge B N Srikrishna to represent it in arbitration proceedings against the government since they were left with no other option.
But both the moves failed to cut much ice with the MoD, which has set a November 26 deadline for the helicopter-manufacturer to respond with a detailed written reply to its final cancellation show-cause notice. Joint secretary (air acquisitions manager) Upamanyu Chatterjee, accompanied by other officials, heard the three executives of the AgustaWestland on Wednesday.
21/11/13 Times of India
