PM orders CBDT to probe illegal assets of the Chidambaram family
The noose tightens on Chidambaram family for illegal amassment of assets across the Globe. Prime Minister Narendra Modi has directed the Central Board of Direct Taxes (CBDT) Chairman to probe into the illegal assets of Chidambaram family and 21 illegal foreign bank accounts of Karti and his companies under the new Black Money Act and Benami Act.
Swamy has accused that certain top people in Finance Ministry are protecting Chidambaram and hushed-up the explosive findings of the Income Tax (IT) for the past six months.
The Prime Minister’s direction was based on the recent three complaints filed by BJP leader Subramanian Swamy citing the findings of Income Tax’s Chennai Unit’s findings on the properties and assets amassed by former Finance Minister P Chidambaram’s family members in 14 countries. Producing the findings of the 200 page report of the Income Tax Act, Swamy demanded that the “corrupt family” be booked under the new Black Money Act and Benami Act by Income Tax under CBDT, apart from Prevention of Corruption Act, Disproportionate Asset Case by CBI and Prevention of Money Laundering Act by Enforcement Directorate.
Modi has directed Revenue Secretary and the CBDT Chairman to initiate necessary action immediately. Swamy has accused that certain top people in Finance Ministry are protecting Chidambaram and hushed-up the explosive findings of the Income Tax (IT) for the past six months.
“The IT report finds that these huge assets were acquired by corruption and bribes taken when Chidambaram was Finance and Home Minister during the period 2004 to 2014. The huge foreign properties, vineyards, hotels, farmhouses were bought in London, Malaysia, Singapore, Sri Lanka, Spain, France and Greece like countries (up to 14), all acquired using black money from abuse of power.
“Hence apart from charging the Chidambarams under Prevention of Corruption Act, Disproportionate Assets (DA) case, Prevention of Money Laundering Act (PMLA), it is also necessary to prosecute them under the new Black Money Act and the new Benami Act,” said Swamy.
Already the Central Bureau of Investigation (CBI) and the Enforcement Directorate (ED) has informed the Supreme Court about initiating action against Chidambaram in Aircel-Maxis scam. The joint raid of IT and ED in Karti’s companies in connection with Aircel-Maxis scam has unearthed the huge illegal assets of Chidambaram’s family.
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