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Online edition of India's National Newspaper Saturday, March 10, 2001 |
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Court asks Hindujas to give details of Bofors payment
By J. Venkatesan
NEW DELHI, MARCH 9. The Delhi High Court today asked the Hinduja
brothers, accused in the Rs. 64-crore Bofors payoffs case, to
furnish on oath details of money they received from the company.
Mr. Justice S.K. Aggarwal, who had on February 26 reserved orders
on the applications filed by the brothers seeking permission to
leave India, gave this direction holding ``it will be helpful to
know about the status of the money while deciding the petition''.
The judge granted Mr. S.P. Hinduja, Mr. G.P. Hinduja and Mr. P.P.
Hinduja time till March 12 to file the affidavit giving details
of their movable and immovable assets in India and posted the
case to March 16. He asked the Central Bureau of Investigation
(CBI) to file its reply whether the case insofar as the brothers
were concerned could be split up.
During the hearing, counsel for the brothers had told the court
that the amount received by them from Bofors, though not related
to the gun deal, had been kept separately and invested in the
various group companies. The amount had not been transferred to
anyone.
It was contended that as the Hindujas had invested over Rs.
10,000 crores in India, there was no justification for the CBI
apprehending that they might not return to the country to face
the trial.
Counsel argued that framing of charges would be delayed as
extradition proceedings against the other accused, Italian
businessman, Mr. Ottavio Quattrocchi, was still pending with the
Malaysian Government and a red alert notice in respect of the
former Bofors president, Mr. Martin Ardbo, was also pending with
Interpol. When the judge wanted affidavits from the brothers, the
senior counsel Mr. Kapil Sibal said it was for the CBI to furnish
the relevant documents as also the letter written by a chartered
accountant to the Swiss investigating agency and handed over to
the CBI by the brothers.
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