Court suspends Finmeccanica ex-boss's corruption sentence

December 17, 2016 10:02

Italy's highest court has suspended a sentence handed earlier this year to the former boss of aerospace and defence group Finmeccanica, Giuseppe Orsi, for false accounting and corruption in connection with the sale of 12 luxury helicopters to India, Italian media reported.

The decision yesterday came after both the defence and the prosecution had requested a suspension, on grounds that the Milan appeals court's sentence in April differed too greatly from an earlier ruling.

In April, Orsi was sentenced to four-a-half-years years in jail for false accounting and corruption. Also handed a four-year jail term on the same charges was Bruno Spagnolini, former head of AgustaWestland, a subsidiary of Finmeccanica.

The pair had been sentenced to two years in prison in October 2014 for false accounting.

The court of cassation has referred the case back to the appeals tribunal. Italian media believe that the case will be closed when the statute of limitation expires in March 2017.

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