The Bofors scam has surfaced again. It was stated earlier by the Government that there has been no kick back. The CBI has also requested the court to close the case citing that there is no evidence to continue the case. But all of a sudden a bolt from the blue has struck the government. The Income Tax Appellate Tribunal (ITAT) in its order dated 31st December 2010 had stated : ” The investigations revealed that an amount of 242.62 million Swedish Kroners (Rs. 412.5 million) was paid by M/s AB Bofors. as Commission, to Mr. Quattrocchi and Chadha through M/s A.E.Serivces and M/s Svenska, in contravention of the policy of the government of India not to allow middlemen /agents in the deal”. All the arguments of the government that there was no kickback has fallen like a pack of cards. Now what?
Of course the government will continue their efforts to cover up the entire issue. But once again, skelton in the cup board is revealed to all.