Page 1 of 50 - About 500 essays. Before that, retired Justice J D Kapoor, had on February 4, 2004, exonerated late prime minister Rajiv Gandhi in the case and directed the framing of charge of forgery under section 465 of the Indian Penal Code against Bofors company. [27], The Bofors scandal was a major issue that was highlighted in subsequent elections, which led to the Congress losing power. The lifting of the ban came during the Kargil War, when the Bofors guns proved to be efficient but were crippled by a shortage of spare parts. On January 22, 1990, the Central Bureau of Investigation (CBI) lodged an FIR against the then president of Bofors Martin Ardbo, the alleged middleman Win Chadda and the Hinduja brothers for criminal conspiracy, cheating and forgery. He was, however, guilty of knowing about the kickbacks and not taking action on them. he was the one who changed the Iron and Steel company to the Canon manufacturing company. Bofors deal turned into a huge scandal after Swedish Radio claimed bribes were paid for it. Explore more on Bofors Scandal. The CBI on Friday filed a petition in the Supreme Court challenging a 2005 order of the Delhi High Court quashing all charges against accused persons in the politically sensitive Bofors pay-off case. A year later, on April 16, 1987, a Swedish radio channel alleged that the company had bribed top Indian politicians and defence personnel to secure the contract. Madhavan has won four Filmfare Awards South and three Tamil Nadu State Film Awards.He has been described as one of the few actors in India who is able to achieve pan-Indian appeal, having appeared in films from seven different languages. * The moderation of comments is automated and not cleared manually by, Copyright © 2021 The Indian Express [P] Ltd. All Rights Reserved, Kerala’s achievement has been limiting deaths: Health Minister KK Shailaja, Ahead of minister’s India visit, Oli says issues should be settled by dialogue, Looking for lithium toehold, India finds a small deposit in Karnataka, From Lahore to London to New York via India: Ved Mehta’s unflinching gaze — and prose, Government looks at ‘expenditure’ budget to aid higher growth, Maharashtra downgrades Raj Thackeray, Fadnavis security, Cabinet rejig likely on Jan 13: BSY after Delhi meet with Shah, Nadda, Taking steps to give free Covid vaccine to all in Bengal: Mamata Banerjee, https://images.indianexpress.com/2020/08/1x1.png, Bofors case to be reopened? Quattrocchi, who had fled from here on July 29-30, 1993, never appeared before any court in India to face prosecution. Bofors scam row as external affairs minister After his final chief-ministerial stint, Solanki was inducted as the external affairs minister of the P.V. [23], In his book, Unknown Facets of Rajiv Gandhi, Jyoti Basu and Indrajit Gupta, released in November 2013, former CBI director Dr A P Mukherjee wrote that Rajiv Gandhi wanted commission paid by defence suppliers to be used exclusively for the purpose of meeting expenses of running the Congress party. This practice was made illegal by Rajiv Gandhi in 1985 as it led to large kickbacks being paid in defence deals, especially those related to aircraft and ships. In May 1987, a broadcast by a Swedish radio station revealed that bribes of ₹600 million (equivalent to ₹6.6 billion or US$92 million in 2019) had been paid by Bofors to Indian politicians, members of the Congress party and bureaucrats. In January 2006 it was discovered that the CBI had quietly unfrozen bank accounts belonging to Italian businessman Ottavio Quattrocchi, one of those accused in the 1986 Bofors scandal which tainted the government of Rajiv Gandhi. The two accounts, containing €3 million and $1 million, had been frozen. [3], On 16 April 1987, a Swedish radio station broke out a story based on a whistleblower in the Swedish police, alleging that the reputed Swedish artillery manufacturer Bofors had paid kickbacks to people in several countries, including Sweden and India, to secure a ₹15 billion (equivalent to ₹160 billion or US$2.3 billion in 2019) contract. The CBI, the Indian federal law enforcement agency, on 23 January 2006 admitted that roughly ₹210 million, about US$4.6 million, in the two accounts have already been withdrawn by the accused. It was alleged that certain public servants and private persons in India and abroad had entered into a criminal conspiracy between 1982 and 1987 in pursuance of which the offences of bribery, corruption, cheating and forgery were committed. [30] This led to high levels of corruption, and payments being made to politicians, bureaucrats and defence personnel to influence decisions. On 16 January, the Indian Supreme Court directed the Indian government to ensure that Ottavio Quattrocchi did not withdraw money from the two bank accounts in London. [13] In second half of 2001, Win Chadha and S. K. Bhatnagar died. Justice R S Sodhi (since retired) of the Delhi High Court on May 31, 2005, had quashed the CBI case in the Bofors pay-off scam. The Bofors scandal was a major weapons-contract political scandal that occurred between India and Sweden during the 1980s and 1990s, initiated by Indian National Congress (Congress party) politicians and implicating the Indian prime minister, Rajiv Gandhi, and several other members of the Indian and Swedish governments who were accused of receiving kickbacks from Bofors AB, a bank … On 5 February 2004 even before Indian National Congress came to power in India, the Delhi High Court quashed the charges of bribery against Rajiv Gandhi and others,[16] On 31 May 2005, the Delhi High Court dismissed the allegations against the British business brothers, Srichand, Gopichand and Prakash Hinduja, but charges against others remain. For most of us, Bofors is a reminder of corruption in defence deals. In an interview with her, published in The Hoot in April 2012 on the 25th anniversary of the revelations,[8] Sten Lindstrom, former chief of Swedish police, discussed why he leaked the documents to her and the role of whistle-blowers in a democracy. Find Bofors Scandal Latest News, Videos & Pictures on Bofors Scandal and see latest updates, news, information from NDTV.COM. 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Several cases that K Madhavan was instrumental in solving by CBI are: Bhopal Gas Tragedy, Harshad Mehta scam, Bofors Scandal in the late 1980s and the match-fixing scandal too. The Bofors scandal was a major political scandal that occurred between Sweden and India during the 1980s and 1990s, initiated by Congress politicians and implicating the Indian prime minister, Rajiv Gandhi and several other members of the Swedish and Indian governments who were accused of receiving kickbacks from Bofors AB for winning a bid to supply India's 155 mm field howitzer. Madhavan's career ended on a sad note. Later the articles were published in The Indian Express and The Statesman when The Hindu stopped publishing stories about the Bofors scandal under immense government pressure and Chitra Subramaniam moved to the two newspapers. [33] The then defence minister Manohar Parrikar announced that in such cases, middlemen would be paid by the government for fixing arms deals under the name of "legal fees".[34]. The broadcast claimed that Bofors had bribed several Indian politicians to get 155mm howitzers deal. Tell us which of these scams has caused the most damage to the country? However, his passport was impounded and he was not allowed to leave the country. Also read | Who is Ajay Agarwal, BJP leader who challenged HC’s verdict in Bofors case, The Indian Express is now on Telegram. [12], On 22 October 1999 (when National Democratic Alliance government led by the Bharatiya Janata Party was in power) the Central Bureau of Investigation (CBI) filed the first chargesheet against Quattrocchi, Win Chadha, Rajiv Gandhi, the defence secretary S. K. Bhatnagar and a number of others. Read | Bofors case to be reopened? Reacting to this, Chief Metropolitan Magistrate Vinod Yadav said that, This page was last edited on 30 December 2020, at 01:54. It was the biggest arms deal ever in Sweden, and money marked for development projects was diverted to secure this contract at any cost. 1,500 crore. The Bofors Scandal. [4] However, none of the newspapers in India were aware of this. It was an Iron and steel company established some 350 years back in the year 1646. [17] In December 2005, Mr B. Daat, the Additional Solicitor General of India, acting on behalf of the Indian Government and the CBI, requested the British Government that two British bank accounts of Quattrocchi be unfrozen on the grounds of insufficient evidence to link these accounts to the Bofors payoff. For all the latest India News, download Indian Express App. Finally, withdrawal of its case against Quattrocchi. [14], On 10 June 2002, Delhi High Court quashed all proceedings in the case so far. The Bofors scandal was a major weapons-contract political scandal that occurred between India and Sweden during the 1980s and 1990s, initiated by Indian National Congress politicians and implicating the Indian prime minister, Rajiv Gandhi, and several other members of the Indian and Swedish governments who were accused of receiving kickbacks from Bofors AB, a bank principally financed by the Wallenberg family's Skandinaviska Enskilda Banken,[1] for winning a bid to supply to India their 155 mm field howitzer. Pranab Mukherjee defends Bofors scam, says it was just a media trial. ", "Bofors case: Court to hold fresh proceedings in Quattrocchi's case", "Bofors: Court Pulls up CBI's 'Malafide Intentions, Indian Express article on CBI's handling of the Bofors scam under NDA and UPA, Bofors resurrects, gives more ammo to BJP, Death Of A Scandal – Bofors, India's Watergate, Lecture by an IMF aid projects manager about government bribery, https://en.wikipedia.org/w/index.php?title=Bofors_scandal&oldid=997112431, Creative Commons Attribution-ShareAlike License, Not appealing against the judgement of the, De-freezing of Quattrocchi's bank account in London by saying to the Crown Prosecutor that there is no case against Quattrocchi, Putting up a very weak case for Quattrocchi's. The scandal is all about when the Indian Defense Ministry had to buy Howitzers for its army's artillery units in March 1986 from AB Bofors, Swedish manufacturer which was worth Rs.1,500 crores ($285 million). In 1987, Swedish Radio alleged that Bofors paid illegal commissions of Rs. CBI has been criticised by experts, social workers, political parties and people at large for the manner in which it has handled this case. The government of India lost the extradition case as the government of India did not provide a key court order which was the basis of Quattrocchi's arrest. [25] However, as per Sten Lindstrom, the former head of Swedish police, who led the investigations, they did not find anything to suggest that payments had been received by Rajiv Gandhi. A master strategist whose famous "KHAM" formula ensured a landslide victory for the Congress in 1985, Madhavsinh Solanki was a formidable politician [9] About a year later, on 16 April 1987, Swedish Radio alleged that Bofors paid kickbacks to people from a number of countries including top Swedish[10] and Indian politicians and key defence officials to seal the deal. The first charge sheet in the case was filed on October 22, 1999, against Chadda, Ottavio Quattrocchi, the then defence secretary S K Bhatnagar, Ardbo and the Bofors company. CBI chargesheet in Bofors scandal. In 1999, the Indian government lifted its blacklist on Bofors. 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It was Madhavan who investigated some of the sensational cases in the country such as the Bofors scandal and Bhopal Gas tragedy. This had been done the previous year for a deal to supply 410 155 mm calibre howitzer guns for the Indian army. Bofors scandal. The other accused persons who  died were Bhatnagar, Chadda and Ardbo. This was picked up by a young journalist from The Hindu, Chitra Subramaniam, who happened to be in Sweden at that time, covering another story. [15], Meanwhile, the central government changed and Indian National Congress came to power after 2004 Lok Sabha elections. Before getting know about what the scandal is exactly about, let me tell you something about Bofors. The filing of the appeal assumes significance as Attorney General K K Venugopal had recently advised the agency against moving a petition against the high court verdict after a delay of 12 years. 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