The Central Bureau of Investigation (CBI) withdrew from a Delhi court its petition seeking permission to further probe the Rs 64-crore Bofors payoff case, PTI reported on Thursday. CBI’s earlier plea challenging the acquittal of all the accused in the case was dismissed by the Supreme Court this year. AdvertisingThe Bofors deal dates back to 1986 when Indian signed an agreement with Swedish arms manufacturer AB Bofors for the supply of 400 units of 155-mm Howitzer guns to the Indian Army. In April 16, 1987, the Swedish Radio had claimed that AB Bofors had paid bribes to top Indian politicians and defence personnel to secure the Rs 1,437-crore deal. A special CBI court, on March 4, 2011, discharged Quattrocchi from the case, saying the country could not afford to spend hard-earned money on his extradition which had already cost Rs 250 crore.

Source: Indian Express May 16, 2019 08:11 UTC