New Delhi, Jul 13: Finally the Bofors saga was closed today following the death of Ottavio Quattrocchi, belived to be the major player in the scam.
Following is the chronology of events in the Bofors howitzer payoff scandal: March 24, 1986: A $1.4 billion contract between the Indian government and Swedish arms company AB Bofors signed for supply of over 400 155mm howitzers.
April 16, 1987: Swedish Radio claims Bofors paid kickbacks to top Indian politicians and key defence officials to secure the deal.
April 20, 1987: Then Indian prime minister Rajiv Gandhi assures the Lok Sabha that neither was any middleman involved in the deal nor were kickbacks paid.
August 6, 1987: Joint Parliamentary Committee (JPC) set up under B. Shankaranand to probe into allegations of kickbacks.
February 1988: Indian investigators visit Sweden.
July 18, 1989: JPC report presented to parliament.
November 1989: Rajiv Gandhi loses power as Congress defeated in general elections.
December 26, 1989: Then prime minister V.P. Singh's government bars Bofors from entering into any defence contract with India.
January 22, 1990: Central Bureau of Investigation (CBI) registers complaint in the case.
January 26, 1990: Swiss authorities freeze bank accounts of Svenska and AE Services, who allegedly received unauthorised commissions for the deal.
Latest India News
