Former AgustaWestland managers investigated over Algerian deal

April 23, 2015 5:51 PM

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MILAN (Reuters) - Italian tax police carried out searches in several cities on Thursday relating to allegations of corruption by former managers of Finmeccanica unit AgustaWestland over a helicopter contract in Algeria, Italian prosecutors said.

The new investigation comes as Finmeccanica's CEO Mauro Moretti, appointed last year, seeks to restore the state-controlled defence group's reputation after a separate bribery scandal in 2010 involving military helicopter sales to India.

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