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Bofors scam returns ?to haunt Congress

NEW DELHI - The Bofors ghost is out again to haunt the Congress-led government as an Income Tax tribunal has ruled that Italian businessman Ottavio Quattrocchi and his partner Win Chadha received a commission of over Rs.412 million in the Rs.15 billion Howitzer gun deal in 1987. The opposition BJP has demanded that the “fraud” and “cover up” be probed by a special investigation team.

By (IANS)

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Published: Wed 5 Jan 2011, 12:27 AM

Last updated: Wed 20 May 2020, 1:25 PM

The Congress said it would study the tribunal’s order before making a comment. “We are not going to be hurried into reacting,” said Congress spokesman Abhishek Manu Singhvi.
Union Law Minister M. Veerappa Moily lashed out at the BJP for tying to link Quattorcchi to the Congress or its leaders. “His (Quattrocchi’s) direct linkage to Congress party or its leader is totally baseless and unjustified,” he told reporters in Bangalore.
The tribunal, confirming that kickbacks were indeed paid in the gun deal, ruled in an order delivered December 2010 that the accused were liable to pay taxes on such income.
“The investigations revealed that an amount of 242.62 million Swedish kroners (Rs.412.5 million) was paid by Bofors as commission to Quattrocchi and Chadha,” the tribunal said in its 98-page order made available Monday.
The ruling by Judicial Member R.P. Tolani and Accountant Member R.C. Sharma of the tribunal comes on a matter pertaining to a taxation case slapped on Win Chadha’s son Hersh, named as legal heir of the co-accused. The tribunal dismissed the appeal by the son.?

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