World

Finmeccanica’s Giuseppe Orsi held on corruption charges

Giuseppe Orsi has been under investigation for bribery and embezzlement for several months. He has always denied any wrongdoing.

Prosecutors allege he paid bribes to ensure the sale of 12 helicopters to the Indian government.

Finmeccanica shares slumped in Milan after initially being suspended.

They fell more than 9% to 4.236 euros.

Full story: Finmeccanica’s Giuseppe Orsi held on corruption charges