23 October, 2020

"The Indian Government Is Losing Out The Most"

Goran Lundholm, senior director, corporate marketing, Bofors, claims that at the end of the day it is the Indian Government and the Army which are losing out because of the pay-off scandal. Excerpts from an interview to Ajith Pillai in New Delhi:

"The Indian Government Is Losing Out The Most"
Is Bofors happy that names of the account-holders have been released?

We are very happy that the names are out. And I hope the investigations are completed and the truth comes out and the guilty are punished, so that we can get down to business. The licence contract in the deal has not been utilised. All we have done is the supply contract side of it. We supplied 410 guns. But the transfer of technology for which India has already paid has not been utilised.

What are some of the commitments in your licence contract which you feel the Government should review?

We had agreed to update the equipment. We have compiled the documents for the update. We have agreed to transfer technology so that spares can be manufactured indigenously. We have all the technical data but the Indian Government does not want it because there is a ban on us. Remember, money has already been paid for it. It is a sheer waste of money.

There is a complaint that there is not enough ammunition for the Bofors guns.

They are having difficulty in producing it locally. We are...



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