Your SlideShare is downloading. ×

Bofors scam ppt by archit shama 9653349979

3,626

Published on

Bofors scam Best presentation ever

Bofors scam Best presentation ever

1 Comment
5 Likes
Statistics
Notes
No Downloads
Views
Total Views
3,626
On Slideshare
0
From Embeds
0
Number of Embeds
1
Actions
Shares
0
Downloads
0
Comments
1
Likes
5
Embeds 0
No embeds

Report content
Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
No notes for slide
  • 1
    1/30/2012
  • Boforsis an iron works, cannon maker, and defence industry located inKarlskoga, Sweden. The nameBofors is strongly associated with a 40mm anti-aircraft gun based on aBofors design.
    Bofors is today split in two parts:SaabBofors Dynamics owned by Saab,Bofors Defence owned by UnitedDefense
    1/30/2012
    2
  • Transcript

    • 1. 1 YourText Here
    • 2. 2  BOFORS ?  
    • 3. BOFORS DEAL!! 3  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 
    • 4. KEY PLAPERS 4 Rajiv Gandhi (P.M. of India) S.K. Bhatnagar (Former defense secretary) Win Chadha (Arms agent) Ottavio Quattrochi (Alleged middleman) Hindujas (Proprietors of the UK-based industrial group) Martin Ardbo (Former Bofors chief)
    • 5. 5   Prime Minister 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  At 6% of the total contract amount, these “business charges” amount to a whopping Rs 600 crore on a Rs 10,000 crore deal.   BOFORS SCAM??
    • 6. HOW THE SCAM EXPOSED 6   Dagens Eko (the news service of Swedish Public Radio).  The case came to light during  VishwanathPratap Singh's tenure as defense minister, and was revealed through investigative journalism by ChitraSubramaniam  and  N. Ram of the newspapers the Indian Express and  The Hindu.    
    • 7. VOILATION OF LAW 7   Violation of Prevention of Corruption Act, 1947 read with sections 409, 420, 468 and 471 of the Indian Penal Code.   Violation of the Indian defense policies and rules and harmed the public exchequer, besides committing breach of propriety.   
    • 8. ROLE OF CBI 8 1. Complaint registered, Jan 1990. 2. Special Investigation team appointed. 3. Files Chargesheets against Quattrochi,Win Chadha, Indian defence secretary S.K.Bhatnagar, Bofor’s chief Ardbo. 4. Defreeze 2 London A/c containing 3 million Euro and 1 million $.
    • 9. 9 5. 6. Fails to extradite Quattrochi from Malaysia and Argentina. 7. Interpol’s Red Corner Notice withdrawn,2009. 8. Delhi Court discharges Quattrochi. 5. More than 250 crores spent by CBI.    
    • 10. EFFECTS OF BOFORS SCAM 10 ØIndian National Congress bungled and lost the general election in 1989. ØThe scandal broke Rajiv Gandhi’s honest, corruption free image in public. ØFormation of Joint parliamentary committee to investigate the case. Ø V.P. Singh was dismissed as defense minister as well as from the congress party. Ø BOFORS became synonymous to the top level bureaucratic corruption. ØDefense material procurement procedure changed citing the high level of corruption involved in this case. Ø
    • 11. SETBACKS 11  Win chadda death was a major setback.  Rajiv gandhi was cleared of the bribe case.  Former defence secretary Bhatnagar died of cancer.    
    • 12. CONTRADICTIONS 12    The deal was worth 1437.72 crore that time.The kickbacks were sighted to be to the tune of Rs 64 crore, but the probe cost Rs 250 crore, in a time span of 18 years.   The HC ruled ,prosecution has failed to prove that the Hinduja Brothers – Gopichand, Prakashchand and Srichand – were linked to the kickbacks in the Bofors deal.   
    • 13. 13  Case has been closed (04.03.2011)   No concrete steps in any way taken where arrests or freezing of assets stashed abroad have been done.  Nor CBI nor any other agency or ministry has been able to bring about any money involved in the case.   
    • 14. END OF CASE 14   The Bofors saga may at last be over with the Delhi High Court's verdict quashing the charges of criminal conspiracy and cheating against the Hinduja Brothers and the Bofors company   
    • 15. RECENT NEWS 15         
    • 16. SUGGESTIONES 16 Ø Transparency in defense transactions. Ø Ø Developed indigenous weapon. Ø Ø Media should be given more freedom. Ø  JAN LOKPAL BILL   
    • 17. 17   A       
    • 18. 18          
    • 19. 19         

    ×