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...
Posts Tagged ‘ bofors scandal ’
A Brief History of the Bofors Scandal
Last week the CBI removed Italian businessman Ottavio Quattrochi from its wanted list, and removed the Interpol Red Corner notice against him. Prime Minister Manmohan Singh soon supported this decision saying that the case had become an embarrassment for the government. “It is not a good reflection on the Indian legal system that we...
