New Delhi: In a major victory for Central Bureau of Investigation (CBI), Britain's Supreme Court today (Jan 21, 2004) upheld the decision of High Court for freezing the bank accounts of Italian businessman Ottavio Quattrocchi, an accused in the Bofors payoff case.

Quattrocchi had filed a review petition before the Supreme Court challenging the order. After hearing arguments on both sides, the court upheld the order.

A Division Bench of the London High Court on November 24 had upheld the decision of the British Government to freeze on India's request two accounts of Quattrocchi having three million Euros and $ 1 million, CBI sources said.