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AW-101 helicopters: India to appeal against the prohibition to encash bank guarantees

New Delhi, India - "The government will pursue all options"

Yesterday, Monday 17 March 2014, the Court of Milan, following the resolution by the Indian Defence Ministry of the contract to supply 12 AW-101 VVIP/VIP helicopters, confirmed the ruling issued last January 8, prohibiting, as a preventive measure, Deutsche Bank SpA to pay the collateral of over EUR 278 million deposited in relation to the contract (AVIONEWS). Obviously New Delhi has not welcomed...

AVIONEWS - World Aeronautical Press Agency - 1159073
Rome, Italy, 03/18/2014 10:55
AVIONEWS - World Aeronautical Press Agency

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