By IANS,
New Delhi : The central government Tuesday informed the Supreme Court that it has decided to stop all prosecution against Italian businessman Ottavio Quattrocchi for his alleged involvement in the Bofors payoff case.
Solicitor General Gopal Subramaniam made the statement before a bench of Chief Justice K.G. Balakrishnan during the hearing of a lawsuit of 1997, which had made an abortive demand for freezing of Quattrocchi’s London bank account.
Quattrocchi is accused of receiving bribe as a middleman in the 1.2 billion dollar purchase of artillery from Swedish arms maker Bofors AB in 1986 for the Indian Army. He has denied any wrongdoing.
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