National

N. Ram on the Bofors scandal

Chairman of ‘The Hindu’ Group N. Ram spoke on the Rafale deal, at the Mumbai Collective recently.

“In both cases, professional and technical standards were not applied to decision-making,” Mr. Ram said, when asked about the common strands between the Bofors gun deal and the Rafale case.
“In Bofors, for example, the rival French firm came first in all the military trials. But after political intervention, Bofors was preferred, and then you had bribes disguised as commissions. Every time something was supplied as part of the contract, money went into secret Swiss bank accounts. Of course, they were initially hidden.”

Source: thehindu.com

Leave a Reply

Your email address will not be published. Required fields are marked *