The Bofors Scandal of the 1980s and 90s remains one of the most controversial and well-known cases of arms dealing in India. In 1987, Prime Minister Rajiv Gandhi infamously declared that allegations of bribery in a deal between the Indian government and the Swedish weapons company Bofors AB were false. However, in 1999 the Central Bureau of Investigation (CBI) filed a case against several individuals accused of involvement in the scandal, including Ottavio Quattrocchi, an Italian businessman, and Win Chaddha, a British businessman. The Congress party faced difficulty in handling the situation amid allegations of corruption and cronyism. Following a lengthy investigation, the CBI declared the case closed in 2011 after the agency failed to find sufficient evidence to prove any criminal conspiracy. Despite this, several fraudsters were caught and punished in jail for their involvement in the scandal, including two senior executives from Bofors. Listen to the full episode now to know in detail and names of fraudsters involved in the Bofors Scandal, as well as other Indian scams. To know more about scams that happened in India, follow the Indians Scams Hindi podcast show by Audio Pitara.

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Credits - Audio Pitara Team

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