Bharatiya Janata Party (BJP) Rajya Sabha MP Subramanian Swamy on Monday accused P.Chidambaram’s son Karti of having 21 undeclared foreign bank accounts. The senior BJP leader accused the finance ministry, the income tax officials and the investigative agencies of not acting against Karti.
“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,” Swamy reportedly said in a press release.
Dr @Swamy39 releases list of Karti Chidambaram & his company’s bank accounts.
These were NOT DECLARED in election affidavit filed by him. pic.twitter.com/4w8bIYAyg4
— Ishkaran S. Bhandari (@Ish_Bhandari) February 20, 2017
(Source: Twitter/Ishkaran S. Bhandari)
Swamy alleged that some of Karti’s undeclared bank accounts were with Barclays Bank in Monaco, Metro Bank in the UK, Standard Chartered in Singapore, OCBC in Singapore, HSBC in UK, Deutsche Bank in France, UBS in Switzerland and Wells Fargo Bank in California among others. The veteran leader said that no action was being taken against Karti due to “pressure” exerted by P. Chidambaram’s friends in the finance ministry.
“These foreign bank accounts were not declared to Income Tax authorities by Karti or his parent Indian companies.”
Swamy further called upon Narendra Modi to investigate the matter, citing PM’s campaign against corruption.
He said, “What all this demonstrates is that each time l have to seek the intervention of the Prime Minister in such matters of being thwarted in fighting against corruption. The nation already knows that the excellent measures of demonetisation has not produced the full desired result because of lack of back up support of the Ministry of Finance.”
Karti, however, denied the allegations. He tweeted out,
Some outrageous claims have been made about me. My filings are up to date n completely in compliance with regulatory/statutory requirements.
— Karti P Chidambaram (@KartiPC) February 20, 2017
My family’s n my assets are duly reflected in our IT filings. My companies have made all declarations as required by statutory requirements
— Karti P Chidambaram (@KartiPC) February 20, 2017
(Source: Twitter/Karti P Chidambaram)
