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Home > News > PTI

Britain freezes Quattrocchi's bank account

July 28, 2003 20:09 IST

Acting on India's request, Britain has frozen a bank account of Italian businessman and main accused in the Bofors payoff scam, Ottavio Quattrocchi.

Complete coverage of the Bofors payoff scam

In a communiqu� received by the Central Bureau of Investigation, the British Confiscation department informed the agency that the bank account containing Rs 21 crore (three million pounds) had been frozen, highly placed agency sources told PTI.

The CBI had sent a Letters Rogatory to the British Government last week seeking freezing of the account alleging that the money stashed was part of the alleged bribe received by Quattrocchi in the Bofors deal.

© Copyright 2006 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.
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Number of User Comments: 1

Sub: Easy to ask others to Freez.

Sir, Quattrocchi's involvement was against interest of India in Bofors scandal. India has done good by requesting UK to freez Quattrocchi's account.It is easy to ...

Posted by Sunilkulkarni



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