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Old 29-05-2012, 02:40 PM   #4
abhisays
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Default Re: Bofors scam: 'Rajiv Gandhi watched cover-up, did nothing'

Nostalgia?

No, I base myself on hard evidence that is even more relevant today than it was 25 years ago. We are still world leaders in many fields, but somewhere our guiding principles have fallen by the wayside. No one is against successful businesses and it can be done. Here in Sweden we have the Wallenbergs, in India you have the Tata group. These are global companies and institutions. Their business ethics and corporate social responsibility work is not a slide on a PowerPoint. It is generations of hard work.
Bofors was a good company. Their products were good. Unfortunately, in the race to expand business, they resorted to illegal shipments, bribery and corruption. They claimed a tax-deduction for the money they had to pay as bribes.

In my long career as a police officer I have seen many things. What was shocking in the whole Bofors-India saga was the scale of political involvement in Sweden breaking all rules, including those we set for ourselves. Bofors was a wake-up call for most Swedes who thought corruption happens only far away in Africa, South America and Asia. There was disbelief and hurt when they found that some of their top politicians, bureaucrats and businessmen were no better than others.

The $1.3 billion deal with India for the sale of 410 field howitzers, and a supply contract almost twice that amount was the biggest arms deal ever in Sweden. Money marked for development projects was diverted to secure this contract at any cost. Rules were flouted, institutions were bypassed and honest Swedish officials and politicians were kept in the dark.
Our former prime minister Olof Palme was talking peace, disarmament and sustainable development globally, while we were selling arms illegally, including to countries that were on our banned list. My office, the office of Hans Ekblom, the public prosecutor in Stockholm, our national audit bureau -- everything was ignored. So was the Swedish taxpayer.

The managing director of Bofors Martin Ardbo had worked very hard for this deal. He brought over 900 jobs to Karlskoga where Bofors is headquartered for at least a decade. When the stories started appearing Ardbo was a shaken man. He knew that I knew that he had made a political payment even more secretly than the rest to close this deal. He told me he didn't have a choice.
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