Agusta’s last chance to defend itself in chopper scam today
20 Nov 2013 12:03 AM GMT
With the government all set to cancel the Rs 3,546 crore VVIP helicopter contract, aviation major AgustaWestland will get a last-ditch opportunity to plead its case before the defence ministry on Wednesday.
The MoD last week had extended by 15 days the deadline set for AgustaWestland to reply to the final show-cause notice for cancellation of the contract to supply 12 AW-101 helicopters to the IAF, even as it asked the aviation major to present its defence on 20 November.
But while AgustaWestland, the UK-based subsidiary of Italian conglomerate Finmeccanica, may have got a slight reprieve, the MoD is determined to take the cancellation process to its logical conclusion. Defence minister AK Antony himself recently held that AgustaWestland had ‘violated’ contractual provisions and the integrity pact in the deal inked in February, 2010.
The MoD last week had extended by 15 days the deadline set for AgustaWestland to reply to the final show-cause notice for cancellation of the contract to supply 12 AW-101 helicopters to the IAF, even as it asked the aviation major to present its defence on 20 November.
But while AgustaWestland, the UK-based subsidiary of Italian conglomerate Finmeccanica, may have got a slight reprieve, the MoD is determined to take the cancellation process to its logical conclusion. Defence minister AK Antony himself recently held that AgustaWestland had ‘violated’ contractual provisions and the integrity pact in the deal inked in February, 2010.
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