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bofors scandal amitabh

4 years ago | 7 views. [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. Superstar Amitabh Bachchan addressed the media after the Swedish police cleared his name in the infamous Bofors scam. Actor Amitabh Bachchan said his existence was questioned when he and his family were accused in the Bofors case and it took them 25 painful years to emerge out of the scandal … Bofors scandal: Amitabh Bachchan relieved after clean chit from whistleblower. [7] The journalist who secured the over 350 documents that detailed the payoffs was Chitra Subramaniam reporting for The Hindu. 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. Bofors scam: A timeline of the 31-year-old, Rs 1,437-cr India-Sweden deal The Bofors deal, signed in 1986, was believed to be one of primary reasons for the Rajiv Gandhi-led Congress' defeat in the 1989 Lok Sabha elections [2] In 1997, the Swiss banks released some 500 documents after years of legal battle. New Delhi: The Supreme Court on Wednesday said it could consider taking up matters related to the implementation of the Citizenship Amendment Act in Uttar Pradesh separately after being told that the state has started identifying refugees and migrants under the contentious law without the rules being framed. However, his passport was impounded and he was not allowed to leave the country. The British government released the funds later. [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]. [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. [14], On 10 June 2002, Delhi High Court quashed all proceedings in the case so far. Follow our special coverage of Coronavirus pandemic in India and get news updates from around the world. Zaiwalla also spoke about his involvement in the Bofors case, where he represented Amitabh Bachchan and his brother Ajitabh Bachchan. On March 18, 1986, India signed a Rs 1,437-crore deal with Swedish arms manufacturer AB Bofors for the supply of 400 155 mm Howitzer guns for the Army. He, however, rarely, if never, speaks to the media about them. [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. 8 years ago | 21 views. Megastar Amitabh Bachchan said his existence was questioned when he and his family were accused in Bofors case and it took them 25 painful years to emerge out of the scandal despite their innocence. [9][11] As a result of the revelations, the Indian government blacklisted Bofors in 1987, preventing the company from doing business in India.[12]. Nonetheless, it later turned out that Amitabh was confined in the trick and was dishonestly affirmed. Track Latest News Live on NDTV.com. Finally, withdrawal of its case against Quattrocchi. CBI has been criticised by experts, social workers, political parties and people at large for the manner in which it has handled this case. [13] In second half of 2001, Win Chadha and S. K. Bhatnagar died. However, this was reversed by Supreme Court of India on 7 July 2003. Bofors, as I have already noted, is independent India’s defining grand corruption scandal. What is the Bofors scam? [5] The Swedish company paid ₹640 million (US$9.0 million) in kickbacks to top Indian politicians and key defence officials. Watch fullscreen. Amitabh Bachchan in an interview recalls Bofors case.Get more updates on Bollywood here: http://www.moviezadda.com 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. [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. On 12 July 2013, Quattrochi died of a heart attack in Milan. [31][32], In 2015, the Government of India under the Narendra Modi government made the use of middlemen in arms deals legal, if they called themselves "company representatives". A Delhi court provided temporary relief for Quattrocchi from the case, for lack of sufficient evidence against him, on 4 March 2011. [22], Despite the controversy, the Bofors gun was used extensively as the primary field artillery during the Kargil War with Pakistan and gave India 'an edge' against Pakistan according to battlefield commanders. 8 years ago | 22 views. Follow. 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. [18] Quattrocchi was detained in Argentina on 6 February 2007, but the news of his detention was released by the CBI only on 23 February. Agencies, Agencies: Mumbai, Wed Apr 25 2012, 16:15 hrs . New Delhi: The Swedish whistle-blower in the Bofors case has said that Amitabh Bachchan was falsely implicated in the case and that though there … Amitabh bachchan says, "I did not resign because of Bofors Case". 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. Addressing a press conference here Bachchan welcomed the revelations made by the Swedish investigators in the Bofors case. 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. [27], The Bofors scandal was a major issue that was highlighted in subsequent elections, which led to the Congress losing power. The actor spoke about the turmoil that he and his family, including his father late Harivanshrai Bachchan went through during those times but says that he feels vindicated that his name is finally cleared after 25 long years. Quattrocchi was released by Argentinian police. [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. On Headliners Today's Right to be Heard show, Amitabh Bachchan says he was never afraid the Bofors case. [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. [13], However, on 16 January 2006, CBI claimed in an affidavit filed before the Supreme Court that they were still pursuing extradition orders for Quattrocchi. 100 Years of Cheers; Hope to resolve 'Zanjeer' issue amicably: Javed Akhtar; 100 Years of Cheers; 100 Years of Cheers; 100 Years of Cheers ; Hope to resolve 'Zanjeer' issue amicably: Javed Akhtar; Top Stories. [29] Some of these were paid as personal bribes while others were paid as contributions to political parties. TheBollywoodShow. Reacting to this, Chief Metropolitan Magistrate Vinod Yadav said that, This page was last edited on 30 December 2020, at 01:54. [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. Actor Amitabh Bachchan said his existence was questioned when he and his family were accused in the Bofors case and it took them 25 painful years to emerge out of the scandal despite their innocence. [30] This led to high levels of corruption, and payments being made to politicians, bureaucrats and defence personnel to influence decisions. This had been done the previous year for a deal to supply 410 155 mm calibre howitzer guns for the Indian army. "The Bofors story, 25 years after : Interview with Sten Lindstrom", "Key players in Bofors scandal : Latest Headlines, News - India Today", "Rediff on the NeT: Vir Sanghvi looks back at the Bofors scandal", "25 years of India's 'Watergate': The Bofors scandal", "The Bofors story, 25 years after : An Interview with Sten Lindstrom", "Interview with Chitra Subramaniam and Madhu Trehan", "Win Chadha's death, a setback to Bofors case", "SC court reverses Delhi HC decision to quash all proceeding in Bofors scam", "Welcome to Frontline : Vol. It was the biggest arms deal ever in Sweden, and money marked for development projects was diverted to secure this contract at any cost. After his name featured in the Panama papers and Bofors scandal, Bollywood 'Shehanshah' Amitabh Bachchan has spoken at length about his surfacing in the controversial matters. Amitabh Bachchan used to be a close friend of the Gandhi family. Answered June 24, 2016 There has been a lot of debates on this...Amitabh Bachchan's name first appeared in this scandal through a newspaper who printed his name and a case was filled against him in an abroad court..Allegations were put on him and he as usual remained silent. The middleman associated with the scandal was Ottavio Quattrocchi, an Italian businessman who represented the petrochemicals firm Snamprogetti. Amitabh Bachchan gets a clean chit in Bofors Scam. 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. 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. 30 :: No. The investigations revealed flouting of rules and bypassing of institutions. [2] While the case was being investigated, Rajiv Gandhi was assassinated for unrelated reasons by the LTTE. [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. 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. Of a heart attack in Milan 's reaction after Bofors scandal: Amitabh,! To supply 410 155 mm calibre howitzer guns for the Hindu India ’ s defining grand corruption scandal India! Addressed the media about them and not taking action on them Watch fullscreen, had been frozen 29. 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