ANDROID IOS
live tv
  1. You are here:
  2. Home
  3. Politics News
  4. National News
  5. Illegal FIPB clearances by Chidambaram have always helped Karti, says Swamy

Illegal FIPB clearances by Chidambaram have always helped Karti, says Swamy

Subramanian Swamy today said that the nation will soon know that Congress is the most corrupt party in the history of the world, adding that he was ‘content’ with the raids conducted by the CBI at Chidambaram and Karti's residences...

India TV Politics Desk, New Delhi [Published on:16 May 2017, 11:52 AM]
Illegal FIPB clearances by Chidambaram have always helped- India Tv
Photo: PTI Illegal FIPB clearances by Chidambaram have always helped Karti, says Swamy

Bharatiya Janata Party leader Subramanian Swamy today said that the nation will soon know that Congress is the most corrupt party in the history of the world, adding that he was ‘content’ with the raids conducted by the Central Bureau of investigation (CBI) at the residences of former Finance minister and Congress leader P Chidambaram and his son Karti.

“What do you expect Congress to do? Their president and vice-president are facing trial in the National Herald case. The whole country will come to know that it is the most corrupt party in the history of the world,” Swamy told ANI. 

Accusing Chidambaram of giving illegal clearances in Foreign Investment Promotion Board (FIPB), Swamy alleged that the former’s son always benefitted through such approvals. 

“It was expected because, as finance minister, he has given so many clearances in FIPB, which are all illegal and his son has always benefitted by this. The raids have to take place to get the documents and get incriminating evidence which they have kept,” he said. 

“Karti has got 21 illegal bank accounts abroad and he has built many houses in several countries. He has got them financial activities undeclared in 18 countries. So therefore, money laundering has to be there,” he added. 

Swamy said that while he was unhappy with the delay, he is now content with the development. 

With the Chidambaram residence being raided today in connection with the FIPB approval in several cases, the senior Congress leader lashed out at the Centre, accusing it of using national agencies to target his son.

"FIPB approval is granted in hundreds of cases. The five Secretaries who constitute the FIPB, the officials of the FIPB Secretariat and the competent authority in each case are the public officials. There is no allegation against any of them. There is no allegation against me," he said in a statement.

Asserting that every case was processed according to law, Chidambaram added that the approval was granted or refused in accordance with the recommendations of the FIBP consisting of five Secretaries to the Government of India.

"The government, using the CBI and other agencies, is targeting my son and his friends. The government's aim is to silence my voice and stop me from writing, as it has tried to do in the cases of leaders of Opposition parties, journalists, columnists, NGOs and civil society organizations. All I will say is, I shall continue to speak and write," the senior Congress leader added.

Write a comment