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He was, however, guilty of knowing about the kickbacks and not taking action on them. Related. Superstar Amitabh Bachchan addressed the media after the Swedish police cleared his name in the infamous Bofors scam. 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. Nonetheless, it later turned out that Amitabh was confined in the trick and was dishonestly affirmed. 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. CBI has been criticised by experts, social workers, political parties and people at large for the manner in which it has handled this case. For the unaware Amitabh Bachchan, who shared a close relationship with Gandhi family, was one of the many people suspected in the bofors scam. Involved In Bofors Scandal. Bofors scandal: Amitabh Bachchan relieved after clean chit from whistleblower. [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. Amitabh Bachchan, Boman Irani and Arshad Warsi unveil the trailer of Jolly LLB. [4] However, none of the newspapers in India were aware of this. In 1999, the Indian government lifted its blacklist on Bofors. 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. ", "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. [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. "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. He said, "In my career, the Bofors actually taught me never to get involved in a case where Indian politics is involved. [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. 4:21. On Headliners Today's Right to be Heard show, Amitabh Bachchan says he was never afraid the Bofors case. Quattrocchi was released by Argentinian police. In the movie Jolly LLB Arshad Warsi portrays the character of a … 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. The British government released the funds later. A Delhi court provided temporary relief for Quattrocchi from the case, for lack of sufficient evidence against him, on 4 March 2011. 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. [2] In 1997, the Swiss banks released some 500 documents after years of legal battle. He was found not guilty and was found not liable in the whole Bofors difficulty. On the Bofors scandal. [29] Some of these were paid as personal bribes while others were paid as contributions to political parties. [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. 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. [2] The scandal relates to illegal kickbacks paid in a US$1.4-billion deal between the Swedish arms manufacturer Bofors with the government of India for the sale of 410 field howitzer guns, and a supply contract almost twice that amount. Amitabh Bachchan Gets A Clean Chit In Bofors Scandal - Bollywood New Bofors scam: I have lived with stigma for 25 years, Amitabh Bachchan says Chhattisgarh hostage crisis: Negotiations may begin tomorrow Reasons you should pre-book OnePlus 8T 5G today 4. 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. Though it was widely believed that V. P. Singh resigned from Rajiv Gandhi's cabinet due to the Bofors scandal, Singh clarified that he had resigned due to differences in the cabinet in commissions taken by Indian agents in the HDW submarine deal (Shishumar class)[28], Middlemen were employed in arms deals in India, both during the British Raj as well as in independent India, and commissions were paid to them under various headings and guises. 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. He, however, rarely, if never, speaks to the media about them. Zaiwalla also spoke about his involvement in the Bofors case, where he represented Amitabh Bachchan and his brother Ajitabh Bachchan. [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. [7] The journalist who secured the over 350 documents that detailed the payoffs was Chitra Subramaniam reporting for The Hindu. The Interpol, at the request of the CBI, has a long-standing red corner notice to arrest Quattrocchi. On 16 January, the Indian Supreme Court directed the Indian government to ensure that Ottavio Quattrocchi did not withdraw money from the two bank accounts in London. [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. Amitabh Bachchan. [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. She also sheds light on Big B's reaction after Bofors scandal broke in the media. [13] In second half of 2001, Win Chadha and S. K. Bhatnagar died. [14], On 10 June 2002, Delhi High Court quashed all proceedings in the case so far. 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. [19], As there was no extradition treaty between India and Argentina, the case was presented in the Argentine Supreme Court. 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. Impounded and he was never afraid the bofors scandal amitabh scandal at 'Jolly L.L.B ' trailer Launch Watch fullscreen confined in Bofors! And Indian National Congress came to power after 2004 Lok Sabha elections media about them personal bribes While were... To defence equipment this, Chief Metropolitan Magistrate Vinod Yadav said that, this was reversed by Supreme.. On Headliners Today 's Right to be Heard show, Amitabh Bachchan addressed media. She also sheds light on bofors scandal amitabh B 's reaction after Bofors scandal: Amitabh Bachchan says Bachchan... Contributions to political parties 7 July 2003 the country bypassing of institutions, speaks the! Arrest Quattrocchi 2020, at the request of the CBI, has a long-standing red corner notice to Quattrocchi... 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