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Suspect held in Italy over Panama kickback scandal

Tuesday, October 23, 2012

A former manager of Finmeccanica has been arrested over allegations of international corruption, investigative sources said, in the latest move in a broader probe facing Europe's third biggest defence group.

The sources said former commercial manager Paolo Pozzessere, currently an adviser to the Italian group, was arrested as part of an investigation into supply contracts with Panama and Brazil.

"It is the first arrest in the Panama affair," Pozzessere's lawyer Carlo Marchisio said.

Source: Reuters