Charges of son’s investments: Opposition demands sacking of Chidambaram

The Lok Sabha was adjourned till noon on Friday after opposition uproar over demand for dismissal of Home Minister P Chidambaram in the wake of allegations against his son Karti's investments in a telecom company.

As soon as the Lok Sabha met, BJP members were on their feet demanding Chidambaram's dismissal. "Chidambaram has indulged in massive corruption. He should be dismissed as Home Minister immediately," BJP leader Yashwant Sinha said. The Home Minister was not present in the House.

Fresh allegations were levelled against Chidambaram, accusing him of delaying permission for the sale of Aircel to Malaysia-based Maxis in 2006 when he was Finance Minister so that his son Karti was financially benefited.

Swamy’s charges

Meanwhile, a Chennai-based company is planning to take legal action against Janata Party chief Subramanian Swamy who had yesterday levelled allegations against Home Minister P. Chidambaram and his son Karti on investments in Aircel against which a CBI case is on. “My client M/s Advantage Strategic Consulting Pvt Ltd (ASCP) had taken notice of the press meet held by Subramanian Swamy on 26th April, 2012. The company states that they have placed the matter in the hands of their lawyers to take appropriate legal action immediately,” R. Balachandran, Chartered Accountant of the company, said in a statement.

Swamy had alleged that Karti “controlled” ASCP in 2006 and there was a financial transaction between it and Aircel Televenture, which got GSM licence. However, sources close to Karti have dismissed Mr. Swamy’s charges saying there was no truth in them and were baseless. “There is no truth. None of the companies in which Karti has any interest holds any equity in nor has given any loan to any telecom company,” sources close to Karti said.

Meanwhile, Swamy said in a statement that the threat of defamation case is “laughable”. “I would welcome an opportunity to cross examine Karti Chidambaram in the court of law which will save me the trouble of approaching the special 2G spectrum court for filing a fresh private complaint,” he said.

- Asian Tribune –

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