India's Bofors Scandal: World poorest nation faces $1.4 bln corruption; CBI moves Supreme Court to re-open case
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Bofors case: The CBI attributed the delay in filing the SLP against the 2005 High Court order to the then (UPA) government's refusal to grant it permission to approach the court.
The probe agency said it had decided to conduct further investigation in the matter and was filing the SLP to set aside the High Court order since it could hamper further investigation.
The Bofors scandal was a major political scandal that occurred between India and Sweden during the 1980s and 1990s, initiated by Indian National Congress(Congress party) politicians and implicating the Indian prime minister, Rajiv Gandhi, and several other members of the Indian and Swedish governments who were accused of receiving kickbacks from Bofors AB, a bank principally financed by the Wallenberg family's Skandinaviska Enskilda Banken, for winning a bid to supply India's 155 mm field howitzer.
The scandal relates to illegal kickbacks paid in a US$1.4 billion deal between the Swedish arms manufacturer Bofors with the government of India for the sale of 410 field howitzer guns, and a supply contract almost twice that amount.APP