Letters: The Bofors scandal revisited

Bs_logoImage
Business Standard New Delhi
Last Updated : Feb 18 2013 | 9:54 PM IST
The AgustaWestland VVIP chopper scam has brought back the memory of the infamous Bofors scandal. Once again, the nation and its people are shocked with the gargantuan graft charges levelled against the red-faced government and its officials by the Italian authorities. It shows a lack of transparency and a constant misappropriation of funds by the government while doing massive defence deals for the country with foreign investors. The Italian government has taken the right decision to arrest Finmeccanica CEO Giuseppe Orsi for indulging in the slush-fund racket of getting the tender to sell choppers to India in favour of his company. It has also pulled in the name of former Indian Air Force (IAF) chief S P Tyagi as a middleman in the bribery nexus. That will surely damage the reputation of the IAF and the country. It is similar to what happened to the Army, which was embroiled in the Tatra trucks scandal. The Central Bureau of Investigation enquiry ordered by the government is a mere ploy to brush aside the issue. The suspension of the deal by the defence ministry with the Italian firm, however, may help the government from impending disasters and further embarrassments.
Janga Bahadur Sunuwar Bagrakote

Letters can be mailed, faxed or e-mailed to:
The Editor, Business Standard
Nehru House, 4 Bahadur Shah Zafar Marg
New Delhi 110 002
Fax: (011) 23720201
E-mail: letters@bsmail.in
All letters must have a postal address and telephone number
Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Access to Exclusive Premium Stories Online

  • Over 30 behind the paywall stories daily, handpicked by our editors for subscribers

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 18 2013 | 9:01 PM IST