LONDON: Britain's Crown Prosecution Service (CPS) said on Monday that banks in the country were not bound by the Indian Supreme Court's direction to the Indian Government and the CBI to ensure that Italian businessman Ottavio Quattrocchi, an accused in Bofors case, is not able to withdraw money from his two accounts in a bank here.

"The Supreme Court of India's order is not binding on the banks here. The accounts remain de-frozen. We have not taken any further action," CPS spokeswoman Annabelle McMillan said.

"We are continuing to liase with the Indian authorities to provide assistance. We have no way of stopping the money [going] out of the banks."

Asked whether the Italian businessman would have withdrawn the money already, she said: "We have no way of knowing it. Only the banks can reveal that." - PTI