Showing posts with label Ottavio Quattrocchi. Show all posts
Showing posts with label Ottavio Quattrocchi. Show all posts

The predictable scandal of the UPA govt

For over a week, newspapers have been publishing reports that the Swiss authorities rejected the request to disclose details of the accounts and transactions of Hassan Ali Khan because the Government of India had sent forged papers.

This has now been confirmed by the spokesman of the Ministry of Justice of the Swiss Government in his interview to CNN-IBN.

The Justice Ministry official has also revealed that this fact about the forgery had been communicated to the Indian Government in early 2007 itself. He has said that the Indian Government was requested to provide valid documents and to confirm that the case against Hassan Ali Khan is a criminal one.

The Indian Government sent some documents in March 2007, and even these were not the requisite ones.

Since then, the Indian Government has not got back to the Swiss Government at all on the matter – neither to show that the documents it had supplied were genuine and adequate nor to replace them with genuine documents and ones that are required under the law.

What can this indicate except that what was done was done by design?

Furthermore, it is shocking that the Government has suppressed these facts – what it had ostensibly done, and what the Swiss Government had communicated to it – from the Supreme Court in its affidavit-in-reply to the PIL that has been filed by concerned citizens. As is well known, suppression of facts from the court – and that too from the highest court of the country – is a grave offence on its own. The Government knows this as well, and yet has chosen to suppress them rather than let the Court, and, through it, the people get an opportunity to learn the truth.

That this Government, the Government that has let Ottavio Quattrochi take away the money that had been frozen on orders of the courts; this Government which then used the CBI to let the man off the hook completely; this Government in which corruption has reached levels that were unheard of till now; this Government which has been consistently soft on terror, that this Government should now have stooped so low as to help an operator like Hassan Ali Khan by sending forged documents to a foreign Government is entirely in character.

Based on what they have been told by officials of intelligence agencies as well as of the Enforcement Directorate, the media have reported that Hassan Ali Khan

•    Has been known to be connected to Dawood Ibrahim
•  Has been known to have been channeling very large amounts from unknown sources into the Indian stock market
•    Has had 8 to 9 billion dollars in the UBS and other banks of Switzerland
•    Has been responsible for hawala transactions of over Rs. 35,000 crore through Swiss banks.
That such a nefarious operator should be helped by this Government is entirely predictable – it is the Congress(I) Government of Karnataka which refused to permit the CBI to investigate the equally notorious Telgi, and later put obstacle after obstacle in its course.

Apart from the sorts of statements by which it tried to mislead the country when Mr. Advani raised the demand for getting India’s stolen wealth back, the way it has helped Hassan Ali Khan exposes its character, and the fact that as long as such a Government is in office, the country will never get its wealth back.

But what is at stake is not just the wealth that has been stolen from the country. In addition,
•    the country’s honour is at stake
•    and its security.
Once again, the country is being held up to ridicule – once again, the world is being shown how the Government of India will bend our laws and institutions to help the worst sorts of criminals and their associates, exactly as banana republics do.

Moreover, international bodies as well the National Security Advisor of this very Government have pointed out that black money, hawala operations as well as tax havens are being used by terrorists and agencies like the ISI for carrying out terrorist and anti-India operations.

The Asia Pacific Group, which has been studying money laundering and terrorist operations, pointed out in 2005 that India had not taken the requisite steps in this regard, that it had not even carried out the comprehensive threat assessment that was required.

The Government did nothing.

No less an authority than the National Security Advisor has been stressing publicly since early 2007 that stricter provisions need to be put in place to check money flows to and from tax havens, and to ensure that banking secrecy is brought to an end, as these channels are being used by terrorists and their sponsors.

The Government did nothing – actually, it did something: around exactly the time that the National Security Advisor was urging the foregoing, in February-March 2007, it sent forged documents to foreclose any possibility of facts being discovered about Hassan Ali Khan and his associates.

In June 2008, the Government-appointed Administrative Reforms Commission, headed by its very own, M. Veerappa Moily, drew attention to the urgent need to plug terrorist financing. In its 8th Report, the Commission listed the channels through which, and the guises under which terrorist organizations and their sponsors were sending money for their operations in India. In particular, it urged that the anti-money laundering and counter-terrorist operations needed to be merged. It made a series of detailed recommendations in this regard.

The Government did nothing.

That on even so grave a matter the state of affairs is exactly as it was is evident from the fact that in March 2009, the International Narcotics Control Strategy Report released by the US State Department again shows that, far from taking effective steps, India has not even brought its legal framework against money laundering and terrorism financing at par with the regime agreed to by the inter-governmental Financial Action Task Force. It urges the country to swiftly do so.

We urge the media to continue to pursue the facts.

We urge the people to see how the country’s development, its security, its honour are being jeopardized by this Government.

And how even the obvious steps will just not be taken till this Government remains in office.

Bofors scam: Quattrocchi off CBI's wanted list

The Interpol has removed the red corner notice issued against Italian businessman Ottavio Quattrocchi, who was being sought in India 

for criminal charges for acting as a conduit for bribes in the Rs 64-crore Bofors scandal. ( Watch ) 

This comes just three weeks before the Congress-led UPA government's term ends. 

The Italian businessman no longer figures in the Central Bureau of Investigation’s (CBI) list of wanted persons and the 12-year Interpol red corner notice against the lone surviving suspect in the Bofors payoff case has been withdrawn from the agency’s website after the Central Bureau of Investigation’s (CBI) appeal.

The CBI will formally inform the court of the same on April 30. "The case has been under trial in the courts since 1999. CBI has taken action on the basis of legal advice of the highest order. We will inform the competent court on the next date of hearing (April 30, 2009)," CBI spokesman Harsh Bahal said here today. 

The CBIs decision is based on the legal opinion sent by Attorney General Milon Banerjee to the government in which he describes the notice as "a continuing embarrassment." 

Banerjee writes: "The CBI is under an obligation to have the matters set right at the Interpol level as there is no basis on which the RCN can continue...I am of the firm opinion that immediate action should be taken to withdraw the Red Corner Notice". 

Quattrochi's counsel had already sought the removal of the notice in October 2008. 

Quattrocchi's role in Bofors scam, and his proximity to former Prime Minister Rajiv Gandhi through his wife Sonia Gandhi, is thought to have contributed to the defeat of the Congress Party in the 1989 elections. 

Ten years later (1999), the CBI named Quattrocchi in a chargesheet as the conduit for the Bofors bribe and on he basis of a 1997 non-bailable warrant, the agency sought a red corner notice against him The case against him was strengthened in June 2003, when Interpol revealed two bank accounts, 5A5151516M and 5A5151516L, held by Quattrocchi and his wife Maria with the BSI AG bank, London, containing Euros 3 million and $1 million, a "curiously large savings for a salaried executive". 

In January 2006, these frozen bank accounts were unexpectedly released by country's law ministry, apparently without the consent of the CBI which had asked for them to be frozen. 

Reacting to the development, Congress spokesperson Abhishek Singhvi called the Bofors case ‘a dead horse that the BJP has been flogging.” 

“BJP has been unnecessarily dragging Rajiv Gandhi’s name,” Singhvi said. 

BJP senior leader L K Advani trained his guns on CBI for dropping the businessman’s name and demanded a probe into the agency's role during the last five years. 

"This is a serious decision. It is not a question of Quattrocchi alone but the entire role of the agency during the last five years which should be probed. It is a very serious issue. They have become the "dastak" or "handtool" in the hands of politicians," Advani, while campaigning in his constituency, said. 
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