[2] While the case was being investigated, Rajiv Gandhi was assassinated for unrelated reasons by the LTTE. It was Madhavan who cracked the Swiss bank accounts of those who allegedly received kickbacks in the Bofors deal. Narasimha Rao government in 1991. 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. 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. The two accounts, containing €3 million and $1 million, had been frozen. Bofors scandal coming into the light. 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. Quattrocchi was released by Argentinian police. 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 … New Delhi: The Bofors scandal is an example of a genuine case being sabotaged by a government run by a party that has a lot to hide, says former CBI chief R K Raghavan, placing the “guilt” of the case not succeeding in court on those that controlled the agency in the 1990s and in 2004-2014. Just 4 days after the resignation of V P Singh, the news broadcasted on Swedish radio relating to Bofors. Madhavsinh Solanki never opened his mouth on the Bofors scandal. [9][11] As a result of the revelations, the Indian government blacklisted Bofors in 1987, preventing the company from doing business in India.[12]. Read | Bofors case to be reopened? Also read | Who is Ajay Agarwal, BJP leader who challenged HC’s verdict in Bofors case, The Indian Express is now on Telegram. [30] This led to high levels of corruption, and payments being made to politicians, bureaucrats and defence personnel to influence decisions. [24] Mukherjee said Gandhi explained his position in a meeting on 19 June 1989, during a meeting between the two at the Prime Minister's residence. Bofors scandal. 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. Bofors company: Firstly 'Bofors' is a Swedish arms manufacturing company. According to him, the Bofors 'scandal' was just a media trial. [5] The Swedish company paid ₹640 million (US$9.0 million) in kickbacks to top Indian politicians and key defence officials. In 1986, the Government of India and Bofors signed a US$285 million contract for the supply of 410 155 mm field howitzers. The Bofors Scandal. 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. Bofors scandal. [2], On 24 March 1986, a $285 million contract between the Government of India and Swedish arms company Bofors was signed for supply of 410 155 mm Howitzer field guns. The middleman associated with the scandal was Ottavio Quattrocchi, an Italian businessman who represented the petrochemicals firm Snamprogetti. 20 political scams that shamed India - India has been rocked by a spate of scams in the recent past. 05", "CBI seeks time to mull on Quattrocchi's case", "Bofors case: 'Petitioner interested in cheap publicity, "Bofors scam: Italian businessman Ottavio Quattrocchi dies", "Bofors gun helped India win against Pak", "Rajiv Gandhi told me to use arms deal payoffs for party funds: Ex-CBI chief", "Rajiv Gandhi wanted Bofors money to run Congress: Ex-CBI chief", "The bofors story : 25 years after - an interview with Sten Lindstrom", "Walk the talk - an interview with V.P.Singh", "Arms and the Middlemen - 7 September 2016", "India Puts New Arms Deals With Finmeccanica On Hold", "Modi govt to legalise middlemen in arms deals? 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. Ranganathan Madhavan (born 1 June 1970) is an Indian actor, writer and film producer who predominantly appears in Tamil and Hindi language films. [19], As there was no extradition treaty between India and Argentina, the case was presented in the Argentine Supreme Court. The investigations revealed flouting of rules and bypassing of institutions. 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. Bofors deal turned into a huge scandal after Swedish Radio claimed bribes were paid for it. 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. NEW DELHI: Former CBI joint director K Madhavan (83) passed away on Saturday in New Delhi. Pranab Mukherjee defends Bofors scam, says it was just a media trial. 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. Page 1 of 50 - About 500 essays. 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 … SC agrees to hear appeal filed by BJP leader in October, Who is Ajay Agarwal, BJP leader who challenged HC’s verdict in Bofors case, here to join our channel (@indianexpress), It’s a girl for Anushka Sharma and Virat Kohli: Samantha, Madhuri and others congratulate new parents, Covid-19 India Live Updates: Centre will bear expenses for first-phase vaccination of 3 crore frontline workers, says PM Modi, Farmers' Protest Live Updates: SC to pronounce order on protests, farm laws tomorrow, Chennai Hyderabad News Live Updates: Tamil Nadu to operate over 16,000 buses for Pongal, Farmers thank SC but draw line: no panel, no stay, only repeal, Staying the law: courts have been very cautious, Anushka Sharma and Virat Kohli welcome a baby girl, Kerala waives entertainment tax for theatres, Dog shakes hands, 'blesses' devotees at Maharashtra temple, Bakery celebrates COVID-19 vaccine drive in Germany with syringe-shaped cakes, Mind over matter: Vihari and Ashwin script a rearguard for the ages, Watch: Steve Smith removes Rishabh Pant's crease marks during break, Why siege of Capitol in Washington DC resonates closer home, carries lessons for us all, From training celebs to a lowdown on Pilates: Namrata Purohit on all things fitness, OnePlus Band review: Ticks all boxes, does the basics really well, Watch: Tim Paine tries to sledge, R Ashwin gives it back to him, Looking to buy a PS5? 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. In 1999, the ban on Bofors Ab was lifted, a development that came at a time when the Kargil war was underway. However, this was reversed by Supreme Court of India on 7 July 2003. [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. Bhatnagar in October, 1999. * 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? Essay on Ethics and Corruption in Governments Around the World 1384 Words | 6 Pages. Find Bofors Scandal Latest News, Videos & Pictures on Bofors Scandal and see latest updates, news, information from NDTV.COM. CBI has been criticised by experts, social workers, political parties and people at large for the manner in which it has handled this case. For most of us, Bofors is a reminder of corruption in defence deals. A Delhi court provided temporary relief for Quattrocchi from the case, for lack of sufficient evidence against him, on 4 March 2011. [2] Quattrocchi was reportedly close to the family of Rajiv Gandhi and emerged as a powerful broker in the 1980s between big businesses and the Indian government. The scale of the corruption was far worse than any that Sweden and India had seen before and directly led to the defeat of Gandhi's ruling Indian National Congress party in the November 1989 general elections. [7] The journalist who secured the over 350 documents that detailed the payoffs was Chitra Subramaniam reporting for The Hindu. Guns, Swedes and the Gandhis — how the Bofors scam tested the limits of the CBI’s power In ‘A Road Well Travelled’, former CBI chief R.K. Raghavan writes about investigating the 2002 Gujarat riots, Bofors scam and cricket match-fixing scandal. 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). Though it was widely believed that V. P. Singh resigned from Rajiv Gandhi's cabinet due to the Bofors scandal, Singh clarified that he had resigned due to differences in the cabinet in commissions taken by Indian agents in the HDW submarine deal (Shishumar class)[28], Middlemen were employed in arms deals in India, both during the British Raj as well as in independent India, and commissions were paid to them under various headings and guises. SC agrees to hear appeal filed by BJP leader in October. A rising and celebrated officer, K Madhavan also took early retirement from CBI in November 1992, for reasons relatively unknown. Tell us which of these scams has caused the most damage to the country? However, the first serious attempt to investigate the Bofors Scandal had been effectively derailed. The scandal rocked the Rajiv Gandhi-led government in the late 1980s. 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. [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. [6], The case came into light during Vishwanath Pratap Singh's tenure as defence minister, and was revealed through investigative journalism tipped off by a Reuters news revelation on Swedish radio, followed up by a team led by N. Ram of the newspaper The Hindu. [27], The Bofors scandal was a major issue that was highlighted in subsequent elections, which led to the Congress losing power. It was Madhavan who investigated some of the sensational cases in the country such as the Bofors scandal and Bhopal Gas tragedy. 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. 1,500 crore. Rajiv Gandhi government lost 1989 polls but Bofors guns won Kargil war 10 years later. But he was taken off the case on October 22, 1991. The broadcast claimed that Bofors had bribed several Indian politicians to get 155mm howitzers deal. The other accused persons who  died were Bhatnagar, Chadda and Ardbo. 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. [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. [14], On 10 June 2002, Delhi High Court quashed all proceedings in the case so far. 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