bofors scandal Latest Breaking News, Pictures, Videos, and Special Reports from The Economic Times. bofors scandal Blogs, Comments and Archive News on. The Bofors scam was one of India’s biggest political scandals that happened between India and Sweden in s and s. It majorly involved politicians from. The Bofors scandal, which revolved around the purchase of guns for the Indian Army, has been an albatross around the Congress party’s neck.

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CSR Compendium Touching lives of many. Indian Army gets M howitzers 30 years after Bofors scandal 18 Bogors, NDTV Beeps – your scanral newsletter. By using this site, you agree to the Terms of Use and Privacy Policy. The term “kickback” comes from colloquial English languageand describes the way a recipient of illegal gain “kicks back” a portion of it to another person for that person’s assistance in obtaining svandal.

The CBI petition comes just days after Attorney General KK Venugopal advised the government against an appeal, saying it was likely to be dismissed only on account of the long delay. In Italy, the political scene was realigned dramatically by the Tangentopoli scandals in the s, which uncovered widespread use of kickbacks in the national and local governments.

TomorrowMakers Let’s get smarter about money. It was the biggest arms deal ever in Sweden, and money marked for development projects was diverted to secure this contract at any cost.

The Swedish newspaper’s story was picked up by Csandal media that carried out investigations of their own. The Supreme Court Friday dismissed a plea filed by the Central Bureau of Investigation against a high court order that had quashed charges against all people accused in the high-profile Bofors scandal.

The Bofors scandal revolves around the purchase of guns for the Indian Army Photo: Parliament panel draft report.


The long running Bofors deal scandal

This article is about the form of bribery. 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 general elections. She is recognized in India for her investigation of the Bofors-India Howitzer deal Bofors Scandal which is widely believed to have contributed to the electoral defeat of former prime Minister Rajiv Gandhi in Supreme Court dismisses CBI petition challenging HC verdict of discharging Hinduja brothers – Srichand, Prakashchand and another – in Bofors case and closing the politically sensitive case on ground that the appeal is time barred pic.

Archived from the original on ET EnergyWorld A one stop platform that caters to the pulse of the pulsating energy. In April25 years after L’affaire Bofors came to light, Sten Lindstrom, former head of Swedish police said he was the “deep throat” who explained the modus operandi of the illegal payments when he handed over the documents to Subramaniam.

A supplementary charge sheet was filed against the Hinduja brothers on October 9, Want to read more? Views Read Edit View history. He was, however, guilty of knowing about the kickbacks and not taking action on them. The CBI petition comes just days after Attorney General KK Venugopal advised the government against an appeal, saying it was likely to be dismissed on account of the long delay itself.

Italian businessman Ottavio Quattrocchi dies”. Do You Like This Story?

Vir Sanghvi looks back at scanadl Bofors scandal”. Later the articles were published in The Indian Express and The Statesman when The Hindu stopped publishing stories about the Bofors scandal under immense government pressure and Chitra Subramaniam moved to the two newspapers. India slowly building military muscle from Ladakh to Arunachal on the China front. Please update your billing information.

Quattrocchi was released by Argentinian police. He said Sitharaman had no business to continue in office as she had compromised the ‘defence integrity’ of the country. This included the Hinduja brothers, who were also accused of being middlemen in the deal. It must be noted there is another appeal scwndal the high court verdict that the Supreme Court is already hearing.


The court, however, did not say anything on this matter. National Entrepreneurship Awards Daily News and Analysis.

He passed away on July 13, The couple has a daughter Nitya Duella [4] and son Nikhil Duella. A day after Nirav Modi virtually ruled out repaying the Rs 11, crore he owes to Punjab National Bank, his counsel Vijay Aggarwal cocked a snook at the government and said the cases filed by the CBI and the ED against his client would “collapse” like those related to the 2G scam, Bofors and Bofosr.

CBI appeals against Bofors acquittals 13 years too late, Supreme Court dismisses case – India News

We have noticed that there is an issue with your subscription billing details. Venugopal had then advised the government that the CBI should not file a special leave petition against the High Court order as the court was likely to dismiss the petition bfoors grounds of delay.

For his or her assistance in boofors payment, the individual receives some sort of payment cash, goods, services or favor the hiring of bofore relative, employment, etc. Archived from the original on 4 March The filing of the appeal assumes significance as Attorney General K K Venugopal had recently advised the agency against moving a petition against the high court verdict after a delay of 12 years. No scam in Rafale; govt also pushing Tejas production, says defence minister Nirmala Sitharaman.

For helping to link the two colluding parties, either or both parties may make a payment to this “broker”.