CBI hints at questioning Quattrocchi in Italy
CBI on tuesday night said it would begin a fresh probe into the trail of Rs 21 crore that was parked in two bank accounts in London.india Updated: Jan 18, 2006 10:55 IST
CBI on Tuesday night indicated it will question Italian businessman Ottavio Quattrocchi, an accused in Bofors case, in Italy and said it would begin a fresh probe into the trail of Rs 21 crore that was parked in two bank accounts in London.
Highly placed sources said that the CBI would now be conducting a fresh inquiry to trail the money that was stashed in the two London bank accounts which had remained frozen since July 2003.
The freeze on one million US Dollar and three million Euro was withdrawn on January 11 by the British High Court after Additional Solicitor General B Dutta conveyed to Crown Prosecution Service of Britain that there was no evidence to link the money in the two accounts with the Bofors case.
The money has reportedly been transferred by Quattrocchi from the London accounts.
The sources said the CBI would do everything possible to trace the movement of the money to the account, which included questioning Quattrocchi, if required.
Asked whether this was in response to Quattrocchi's statement on Tuesday that he would consider being questioned by CBI in Italy, the sources said the move was not in response to any statement but to bring the case to its logical conclusion.
Meanwhile, Dutta, who visited London to communicate to the Crown Prosecution Service (CPS) about non-availability of evidence linking the money with the Bofors scam, has reportedly told CPS that there was no longer a reasonable prospect of the case against Quattrocchi proceeding to trial.
First Published: Jan 18, 2006 10:55 IST