Digvijay demands CBI probe into UTI scam

Singh said that the said company belongs to Arvind Choudhry, Anand Choudhry and Pradeep Narayan Mathur, who were associated with the RSS.

Updated: Sep 25, 2011, 21:36 PM IST

Jabalpur: Congress General Secretary
Digvijay Singh on Sunday demanded a CBI probe into the UTI scam,
"in which, the financial body`s capital was reduced to Rs
50,000 crore from Rs 75,000 crore, when Yashwant Sinha was the
Union Finance Minister during the NDA rule".

Talking to reporters here today, Singh said, "CBI should
probe the role of the then Finance Minister Yashwant Sinha
into the UTI scam, as its capital was reduced to Rs 50,000
crore from Rs 75,000 crore during the NDA regime."

"When Sinha was the Finance Minister, Subramanyam was
made the Chairman of the UTI. During this period, Cyber Space
Info Limited Company`s 3.45 lakh shares were purchased by the
UTI at the rate of Rs 930 per share," Singh said.

He said that the said company belongs to Arvind Choudhry,
Anand Choudhry and Vishwa Samvad Kendra`s Pradeep Narayan
Mathur, who were associated with the RSS and the shares were
purchased on the instructions of Sinha`s then private
secretary Bharat Vyas, Singh claimed.

"After a year, the value of these shares reduced to zero
and the capital of UTI, too, reduced to Rs 50,000 crore from
Rs 75,000 crore. At that time, the matter was not probed by
the then NDA government and now the Congress demanded that the
CBI should probe the entire issue, including the role of
Sinha," Singh said.

Condemning Sinha`s statements against Union Home Minister
P Chidambaram over the 2G scam, Singh added that he
(Chidambaram) was innocent in the matter.

PTI