AOL.com Video - CEO Arrested in New Italy Scandal

VIDEO:News

CEO Arrested in New Italy Scandal

Description:Another scandal rocks Italy's business world. This time the CEO and Chairman of the state-controlled defence group Finmeccanica is at the centre of it. Giuseppe Orsi has been arrested by Italian police investigating alleged corruption over the sale of helicopters to the Indian government. Orsi was head of the helicopter unit when bribes were apparently paid to secure the sale of 12 executive aircraft. (0:57)

Source: Reuters

Tags: reuters , Finmeccanica , giuseppe orsi , saipem