Govt initiates first step to cancel Agusta deal

The govt is sending a CBI team to Italy to probe the chopper deal kickback scandal where the CEOs of AgustaWestland and its parent company Finmeccanica have been arrested on charges of bribery. This comes in the wake of government's move to scrap the Rs 3,546 crore deal for 12 AgustaWestland AW-101 helicopters.

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