30 October, 2020

Bofors-2 Comes A Chopper

One note purportedly naming people to be managed in India. Is that all it takes to bring a bribe charge home?

In The Line Of Fire
Sonia and Rahul arrive in Parliament
Photographer by AP
Bofors-2 Comes A Chopper
outlookindia.com
2016-05-04T14:39:09+05:30

The Money Trail

  • The total contract for supplying 12 helicopters: Rs 3,600 crore
  • Estimated business development cost (or bribe): Rs 385 crore (about 51 million euros)
  • Christian Michel and Haschke paid: Rs 226 crore (30 million Euros)
  • Money parked in Tunisia by Michel and Haschke: Rs 181 crore (about 24 million Euros)
  • Evidence collected by the CBI of remittances to India: Rs 43 crore (about 5.8 million euros, through firms in Mohali and Chandigarh)

***

It was in a room in a secluded wing on the first floor of the Claridges Hotel in Delhi that Christian Michel James usually stayed. He patronised the hotel not because it belonged to a fellow arms dealer but because, as he claimed, the rooms in that section of the first floor weren’t bugged. That was sometime in 1999, when the Briton was a frequent visitor to New Delhi’s corridors of power, cultivating politicians, bureaucrats and the media. The tall, suave and...

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