Investigation on Finmeccanica

In October 2012, Naples prosecutors launched an investigation into the group for a “troubling use by Finmeccanica and its associates of corruptive practices for the acquisition of commissions from foreign governments.” The inquiry was in regard to the furnishing of a big order of frigate ships to Brazil and supplies of helicopters and weaponry to Panama. On February 12, 2013, managing director and president Giuseppe Orsi was arrested on charges of international corruption and bribes allegedly paid in order to close the sale of 12 helicopters to the Indian government. The following day, the group’s administrative committee appointed the CFO Alessandro Pansa as managing director.

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