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Swamy's expose leaves Chidambaram, son shattered

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Subramanian Swamy and P Chidambaram
New Delhi, Apr 27: Many claimed that Union Home Minister P Chidambaram's son dodged a deadly attack thrown by Subramanian Swamy when he (Karti) sued the Janata Party chief. But it seems scaring the Janata Party chief is not an easy feat after all. [UPDATE: Chidambaram to resign over Swamy's allegations?]

Reacting to the news that Karti Chidambaram's company was thinking of suing him over "baseless" allegations against Karti, Swamy smiled and claimed, "How can company sue me when allegations are against Karti?"

Incidentally, in spite of all this allegation and counter allegation, Swamy is continuing his winning streak and the Home Minister is being attacked from all quarters, with the Opposition taking up the matter with renewed interest. Opposition parties led by BJP leaders created quite a ruckus in the Parliament on Friday, Apr 27 demanding resignation from Chidambaram.

The Home Minister's difficulties kicked off after Swamy hurled the allegations initially before the Opposition took it up. In a letter to Prime Minister Manmohan Singh, Swamy accused the Home Minister of helping his son in making a huge profit out of the controversial Aircel-Maxis deal in 2005.

According to Swamy, Maxis company officials in 2005 had approached the telecom company Aircel which was on the brink of bankruptcy. Maxis had offered to buy 74 per cent stake in Aircel for nearly Rs 4,000 crore. However, this deal needed permission from the Foreign Investment Promotion Board.

Clarifying his stand over accusing Chidambaram and his son regarding this deal, Swamy claimed, "But this permission - Chidambaram delayed it because he wanted a cut - this is my allegation."

During a press conference, Swamy alleged that Ausbridge Holdings and Investments Pvt Ltd, in which Karti Chidambaram is a 94 per cent equity holder, had invested and had majority of shares in Advantage Strategic Consulting Private Limited of Aircel before the Maxis-Aircel Deal was sanctioned by the then Finance Minister. Swamy asserted that after the deal went through, Karti Chidambaram had made a huge amount of money, though he (Swamy) did not specify the exact amount of money.

However, Karti Chidambaram has already dragged Swamy to court after taking legal action against the Janata Party supremo.

OneIndia News

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