Bofors scandal

The Bofors scandal was a major weapons-contract political scandal that occurred between India and Sweden during the 1980s and 1990s, initiated by Indian National Congress politicians and implicating the Indian prime minister, Rajiv Gandhi, and several other members of the Indian and Swedish governments. These politicians were accused of receiving kickbacks from Bofors AB, an arms manufacturer principally financed by the Wallenberg family's Skandinaviska Enskilda Banken, for winning a bid to supply to India the company's 155 mm field howitzer – the sale of 410 field howitzers, and a supply contract for almost twice that amount, totalling a US$1.4 billion deal.

Source: Wikipedia — Bofors scandal (CC BY-SA 4.0)

Bofors scandal

The Bofors scandal was a major weapons-contract political scandal that occurred between India and Sweden during the 1980s and 1990s, initiated by Indian National Congress politicians and implicating the Indian prime minister, Rajiv Gandhi, and several other members of the Indian and Swedish governments. These politicians were accused of receiving kickbacks from Bofors AB, an arms manufacturer principally financed by the Wallenberg family's Skandinaviska Enskilda Banken, for winning a bid to supply to India the company's 155 mm field howitzer – the sale of 410 field howitzers, and a supply contract for almost twice that amount, totalling a US$1.4 billion deal.

Source: Wikipedia "Bofors scandal" · CC BY-SA 4.0

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