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Presented by:Abhishek Agarwal

Himani Tak

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The Bofors scandal was a major corruptionscandal in India in the 1980s.

Prime Minister Rajiv Gandhi and several otherswere accused of receiving kickbacks from BoforsAB for winning a bid to supply India's 155 mmfield howitzer guns.

It has been speculated that the scale of thescandal was to the tune of Rs.1500 crore.

The scale of the corruption was far worse thanany that India had seen before.

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Bofors Deal

There was a 1500 crorecontract between the Government of Indiaand A.B. Bofors in Sweden on March 24,1986 for the supply of 410 155mmhowitzers field guns.

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The Prime Minister

Former defence secretary .

was the ItalianBusinessman.

Former Bofors chief.

Proprietors of the UK-basedindustrial group.

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CONTRADICTIONS

The deal was worth 1500 crore that time. The kickbackswere sighted to be to the tune of Rs 64 crore, but theprobe cost Rs 250 crore, in a time span of 18 years.

The HC ruled that the prosecution has failed to provethat the Hinduja Brothers

Gopichand, Prakashchand

and Srichand were linked to the kickbacks in the Boforsdeal.

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Important dates

A Rs. 1500 crore contract between the Indiangovernment and Swedish arms company AB Bofors signed for supply ofover 400 howitzers guns.

Swedish Radio claims Bofors paid kickbacks to top Indianpoliticians and key defence officials to secure the deal.

Then Indian prime minister Rajiv Gandhi assures the LokSabha that neither was any middleman involved in the deal nor were thekickbacks paid..

Central Bureau of Investigation (CBI) registerscomplaint in the case.

Swiss authorities freeze bank accounts of Svenska andAE Services, who allegedly received unauthorised commissions for thedeal.

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Trial court issues arrest warrants againstQuattrocchi, while summoning other four accused.

Trial court issues "open non-bailable arrest warrants"against Martin.

Quattrocchi arrested in Malaysia

Acting on India's request, Britain freezes Quattrocchi'sbank accounts

February 4, 2004: Delhi High Court clears Rajiv Gandhi of his

involvement in the scandal.

Delhi High Court clears Hindujas of their involvement inthe scandal.

Feb 24, 2007: Fresh warrant of arrest against Quattrocchiobtained from Delhi court

Sep 8, 2009: CBI seeks two weeks time from trial court to explore

options against Quattrocchi.

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Government tells Supreme Court about decision towithdraw case against Quattrocchi.

A Delhi court allowed the CBI to drop all charges againstQuattrochhi and close the case.

: Amitabh Bachchan finally being exonerated from theblame of being involved in the case.

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Unethical issues

Taking or giving bribe

The Prime Minister Rajiv Gandhi and several others were accused of

receiving kickbacks from AB Bofors for winning a bid to supply India's

155 mm field howitzer.

Using political Power:

The HC Ruled that the prosecution has failed to prove that the hinduja

Brothers

Gopichand, Prakashchandan & Srichand

were linked to the

Kickbacks in the Bofors Deal, which led to the ouster of late Indian Prime

Minister Rajiv Gandhi from Power. The court Later gave Rajiv Gandhi a

clean chit.

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End of case

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THANK YOU