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On the Bofors scandal. 8 years ago | 22 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. He added that the Swedish Police had no evidence of Rajiv Gandhi or Amitabh Bachchan, who was a close friend of the former Prime Minister, receiving kickbacks in the Bofors scam. [30] This led to high levels of corruption, and payments being made to politicians, bureaucrats and defence personnel to influence decisions. [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. 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. 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. [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. [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. [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. 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, for winning a bid to supply to India their 155 mm field howitzer. Nonetheless, it later turned out that Amitabh was confined in the trick and was dishonestly affirmed. Amitabh Bachchan in an interview recalls Bofors case.Get more updates on Bollywood here: http://www.moviezadda.com Related. [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. However, his passport was impounded and he was not allowed to leave the country. Reacting to this, Chief Metropolitan Magistrate Vinod Yadav said that, This page was last edited on 30 December 2020, at 01:54. TheBollywoodShow. [4] However, none of the newspapers in India were aware of this. [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. [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. Amitabh Interview Bofors Scandal part 1 ... Big B reveals secrets of Bofors scam on his blog - Duration: 4:21. zoom 1,336 views. Quattrocchi was released by Argentinian police. ................................ Advertisement ................................ 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TheBollywoodShow. 4 years ago | 7 views. 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. 4:21. ", "Bofors case: Court to hold fresh proceedings in Quattrocchi's case", "Bofors: Court Pulls up CBI's 'Malafide Intentions, Indian Express article on CBI's handling of the Bofors scam under NDA and UPA, Bofors resurrects, gives more ammo to BJP, Death Of A Scandal – Bofors, India's Watergate, Lecture by an IMF aid projects manager about government bribery, Dadra and Nagar Haveli and Daman and Diu TCC, https://en.wikipedia.org/w/index.php?title=Bofors_scandal&oldid=997112431, Corruption in defence procurement in India, Creative Commons Attribution-ShareAlike License, Not appealing against the judgement of the, De-freezing of Quattrocchi's bank account in London by saying to the Crown Prosecutor that there is no case against Quattrocchi, Putting up a very weak case for Quattrocchi's. She also sheds light on Big B's reaction after Bofors scandal broke in the media. 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. [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]. Some points to be noted: Corruption scandal in India in the 1980s related to defence equipment. [29] Some of these were paid as personal bribes while others were paid as contributions to political parties. 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. [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". [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. He was, however, guilty of knowing about the kickbacks and not taking action on them. Bollywood megastar Amitabh Bachchan heaved a big sigh of relief after his name was cleared from the Bofors gun payoff scandal. He was found not guilty and was found not liable in the whole Bofors difficulty. In a book, Jaya Bachchan says Amitabh Bachchan won 1984 elections due to his own charisma and not Congress'. The investigations revealed flouting of rules and bypassing of institutions. 8 years ago | 21 views. 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. [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. 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. [13] In second half of 2001, Win Chadha and S. K. Bhatnagar died. On Headliners Today's Right to be Heard show, Amitabh Bachchan says he was never afraid the Bofors case. 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. It was the biggest arms deal ever in Sweden, and money marked for development projects was diverted to secure this contract at any cost. Click here for full coverage Zaiwalla, who won the Bofors libel case for the Bachchan brothers in 1990, was, as The Indian Express first reported Monday, instrumental in bringing together Amitabh’s brother Ajitabh and late shipping magnate Mehernoosh Khajotia into a partnership that set up a bunch of offshore shipping companies in 1990-91. Agencies, Agencies: Mumbai, Wed Apr 25 2012, 16:15 hrs . 9 years ago | 236 views. 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. In May 1987, a broadcast by a Swedish radio station revealed that bribes of ₹600 million (equivalent to ₹6.6 billion or US$92 million in 2019) had been paid by Bofors to Indian politicians, members of the Congress party and bureaucrats. 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 On Amitabh Bachchan's 77th birthday check out his exclusive interview where he speaks on facing media ban and bofors scam. He, however, rarely, if never, speaks to the media about them. Amitabh Bachchan gets a clean chit in Bofors Scam. … [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. The Interpol, at the request of the CBI, has a long-standing red corner notice to arrest Quattrocchi. Watch fullscreen. After Amitabh Bachchan surrendered, he alongside his sibling were ensnared in the “Bofors embarrassment” by a daily paper, Bachchan took the daily paper to the court. Addressing a press conference here Bachchan welcomed the revelations made by the Swedish investigators in the Bofors case. [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. [15], Meanwhile, the central government changed and Indian National Congress came to power after 2004 Lok Sabha elections. Amitabh Bachchan. He took office after the 1984 assassination of his mother, Prime Minister Indira Gandhi, to become the youngest Indian Prime Minister at the age of 40. Track Latest News Live on NDTV.com. [5] The Swedish company paid ₹640 million (US$9.0 million) in kickbacks to top Indian politicians and key defence officials. 30 :: No. Amitabh Bachchan used to be a close friend of the Gandhi family. Follow. [14], On 10 June 2002, Delhi High Court quashed all proceedings in the case so far. 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? Italian businessman who represented the petrochemicals firm Snamprogetti after years of legal.... ] the journalist who secured the over 350 documents that detailed the payoffs was Chitra Subramaniam reporting for Indian. Half of 2001, Win Chadha and S. K. 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