CBI challenges Bofors verdict after 12 years; New evidence found

UK-based Hinduja brothers and a Swedish firm were discharged by Delhi High Court in Bofors case twelve years ago and the investigating agency CBI has now challenged the order of Delhi High Court in Supreme court citing new evidence.

The Central Bureau of Investigation has informed Supreme Court that it had decided to challenge the court order after fresh evidence came in view- the television interview of Michael Hershman, the president of US-based detective firm Fairfax.

Michael Hershman, in a TV interview in October last year, claimed that during his probe into violation of currency control laws by some wealthy Indians, he received leads indicating that Bofors had paid bribes through banks.

Hershman also offered to testify and help the Indian agencies in the Bofors case.