Britain freezes Quattrocchi's bank account

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

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In a communiqué 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.