The Quattrocchi Saga Winds Down

March 5, 2011
By

A Delhi court has passed an order to allow the CBI to withdraw prosecution of Italian businessman Ottavio Quattrocchi. Quattrocchi was accused of receiving kickbacks of Rs 64 crores in connection with the purchase of Bofors howitzers back in the 80s.

Since then, the CBI has spent Rs 250 crore on the case. They are not going anywhere with the investigations, and it would make financial sense to not incur any further expense, given we have already spent four times the alleged kickback amount.

Readers may recall that the CBI had removed Quattrocchi from its wanted list in 2009, and removed the interpol notice against him. Read my earlier post on this subject.

This latest development is the final step in the saga.

Makes perfect sense. Drag out investigation over three decades before throwing up your hands in despair. Hopefully by then, most involved will already be dead. Rajiv Gandhi already is. As is Win Chaddha.

There can only be two conclusions out of an unsuccessful  investigation drawn out over more than 20 years:

1. The CBI doesnt have a clue. Quite literally.
2. The powers-to-be did not want Quattrocchi to come to any harm.

As for the Indian people; well, we will continue to be led from one scam to another, living in the present, forgetting the past, and believing that the guilty will get appropriate punishment.

Gullible is the Indians’ middle name.

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4 Responses to “ The Quattrocchi Saga Winds Down ”

  1. simplynonna on March 6, 2011 at 4:46 pm

    Didja know that Ottavio Quattrocchi.meabs eighth foureyes in Italian;)

  2. JOBS WORLD on March 6, 2011 at 9:03 pm

    It is failure of CBI

  3. rajinder on March 11, 2011 at 6:21 pm

    is it not the helplessness of CBI to nab the offenders but for the heavy expenditure is there any accountability?. good luck to them.
    Nice post.

  4. mumbai on March 19, 2011 at 10:07 pm

    Good insight. It doesn’t make sense pursuing a case that old. Quattrochi will be dead and gone and we’ll be chasing his grandchildren.

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