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Chidambaram’s son sues Swamy over graft charges

Last Updated: Friday, April 27, 2012 - 14:13

Zeenews Bureau

New Delhi: Union Home Minister P Chidambaram’s son Karthi has threatened to take legal action against Janata Party chief Subramanian Swamy for alleging that he was a direct beneficiary in the Aircel-Maxis deal in 2006, reports claimed on Friday.

Karthi has also categorically rejected allegation of corruption leveled against him and his father, who was a Finance Minister then, as baseless.

R Balachandran, Chartered Accountant of the Chennai-based company Advantage Strategic Consulting Pvt Ltd (ASCP) controlled by Karthi said, “My client 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."

The move comes a day after the Janata Party chief accused Home Minister Chidambaram of delaying permission for the sale of Aircel to Malaysia-based Maxis in 2006 when he was Finance Minister so that his son Karthi was financially benefitted.
Swamy has reportedly shot off a letter to Prime Minister Manmohan Singh seeking Chidambaram`s resignation and directing CBI to include the names of the Minister and his son in the FIR on Aircel- Maxis deal along with former Telecom Minister Dayanidhi Maran.

If this is not done, the told a press conference, he will approach court seeking a direction in this regard.

Swamy alleged that there was a "dubious transaction" between the Chennai-based firm ASCP "controlled" by Karthi and Aircel in March 2006, just before Maxis` investment of Rs 4,000 crore.
Chidambaram as Finance Minister had ensured that Foreign Investment Promotion Board (FIPB) clearance on Aircel-Maxis deal be given only after Karthi-controlled company got share in the Aircel, he alleged.

He said he had already written to CBI, Enforcement Directorate and Registrar of Companies regarding "dubious financial transactions" during the period of the deal.

Swamy alleged that CBI and ED were limiting their probe to the role of Maran and his brother in the matter.

With Agency Input

First Published: Friday, April 27, 2012 - 13:19

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