3. • Bofors is an iron works, cannon maker, and
defence industry located in Sweden. The
name Bofors is strongly associated with a
40mm anti-aircraft gun based on a Bofors
design.
Bofors is today split in two parts:
• Saab Bofors Dynamics owned by Saab
• Bofors Defence owned by United Defence
4. The Bofors scandal was a major corruption scandal
in India in the 1980s was far worse than any that
India had seen before in 80s.
PM Rajiv Gandhi and several others were accused
of receiving kickbacks from Bofors AB for winning
a bid to supply India's 155 mm field howitzer.
It has been speculated that the scale of the scandal
was to the tune of Rs. 400 million
5. The Government of India and A.B. Bofors in
Sweden on March 24, 1986 for the supply of
410 field howitzers ammunition and other
accessories as part of the 155 mm gun system
at a total cost of Rs.1,437.72 crores
6. Rajiv Gandhi
Martin Ardbo
S. K. Bhatnagar Ottavio Quattrocchi
Win Chadha The Hindujas
KEY PLAYERS IN BOFORS SCANDAL
7. Dagens Eko (the news service of Swedish
public radio) first threw light on it.
The case came to light during Vishwanath
pratap singh’s tenure as defense minister, and
was revealed through investigate journalism
by Chitra Subramanian and N.Ram of the news
papers the Indian express and The Hindu
8.
9. Indian national congress lost elections in 1989
The scandal broke Rajiv Gandhi s honest ,
corruption free image in public
Formation of joint parliamentary committee to
investigate the case
V.p. singh was dismissed as defense minister
The defense material system procedure
procurement changed citing high level corruption
10. The deal was worth 1437.72 crore that time. The
kickbacks were sighted to be to the tune of Rs 640
crore, but the probe cost Rs 250 crore, in a time span
of 18 years.
11. Case has been closed(4/3/2011)
No concrete steps in any way
taken where arrests or freezing
of assets stashed abroad have
been done.
Court discharges QUATTROCHI
Nor CBI nor any other agency or
ministry has been able to bring
about money involved in the
case.
12. Rajiv gandhi was cleared of the bribe
case
The Delhi HC ruled that the prosecution
has failed to prove that the Hinduja
Brothers – Gopi chand, Prakash chand
and Sri chand – were linked to the
kickbacks in the Bofors deal.
Deaths of Former defense secretary
Bhatnagar & Win chadda was a major
setback to case
13. Taking or giving bribe
Using political Power
Covering up incidents
Taking Advantage of
Official Position
14. Transparency in defense transactions
Developed indigenious weapon
Media should be given more freedom
Jan lokpal bill
15. By
Shashi Kumar M .R
MBA
1NZ12MBA51
NEW HORIZON
COLLEGE OF
MANAGEMENT
STUDIES
