Swamy takes on finance ministry for inaction against Chidambaram's son

| Updated: Feb 21, 2017 01:13 IST

New Delhi [India], Feb.20 (ANI): Bharatiya Janata Party (BJP) leader Subramanian Swamy on Monday accused former finance minister P. Chidambaram and his son Karthi of holding 21 secret offshore bank accounts even as he requested Prime Minister Narendra Modi's intervention, citing no interference from the Finance Ministry. Swamy slammed the Central Bureau of Investigation (CBI) and the Enforcement Directorate (ED) for failing to take the investigation to a 'logical end'. "It is shocking that the CBI and the Enforcement Directorate, having been provided details of 21 undeclared foreign accounts of Mr. Karthi Chidambaram and of the companies that he control, have failed to proceed against Mr. Karthi Chidambaram to its logical end. Mr. Karthi has also refused to obey three Summon Orders of the Enforcement Directorate," said Swamy. "Earlier in 2014, Chidambaram was examined by the Central Bureau of Investigation (CBI) but there has been no action after that on the issue as the cooperation of bureaucracy was not there. The reason is clear that Congress' 65-70 year rule has placed so many of their people in bureaucracy that the case was blocked," he added. Swamy also alleged that the Income Tax department had not taken any action in the matter. "These foreign bank accounts were not declared to Income Tax authorities by Mr. Karthi or his parent Indian companies. These accounts are at various foreign banks," he said. As an aftermath, Karthi took to Twitter to counter the allegations. "Some outrageous claims have been made about me. My filings are up to date n completely in compliance with regulatory/statutory requirements. My family's n my assets are duly reflected in our IT filings. My companies have made all declarations as required by statutory requirements," he said in a series of tweets. (ANI)
iocl