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11:06 AM, July 30, 2014
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The Central Bureau of Investigation (CBI) said that it would go ahead with its probe into a scrapped helicopter contract with Finmeccanica on Wednesday, a day after prosecutors in Italy agreed to settle legal proceedings against the defense group.

Kanchan Prasad, a spokeswoman for CBI, told Reuters the development in Italy did not affect India's probe of the deal.

"Why should it change?" she said. The investigation was "at an advanced stage, that's all that I can say".

The CBI is investigating allegations of abuse of official power and following money trails from abroad, but charges have not yet been filed, said Prasad.

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