“These foreign bank accounts were not declared to Income Tax authorities by Karti or his parent Indian companies. These accounts are at various foreign banks like Barclays Bank in Monaco, Metro Bank in UK, Standard Chartered Bank in Singapore, OCBC in Singapore, HSBC in UK, Deutsche Bank in France, UBS in Switzerland, Wells Fargo Bank in California etc.”
“The attached list shows all bank account numbers of Karti controlled companies. For the past eight months, Income Tax office in Chennai has not taken any action due to the pressure exerted by Chidambaram’s friends in Finance Ministry,” said Swamy producing the 21 foreign bank accounts of Karti and his companies in various countries.
wamy said that this list was given to him by a whistleblower officer from Income Tax office in Chennai previous week, explaining the amount of pressure put on them by corrupt elements in Chennai and Delhi.
He is operating this account secretly for many years, said Swamy.
One account (No: 16714313) in Metro Bank in the United Kingdom is a personal account of Karti and he has not declared this to Income Tax in his annual statements till date. He is operating this account secretly for many years, said Swamy.
“His company Advantage Strategic Consulting, involved in receiving kickbacks in Aircel-Maxis scam is having four accounts in a Bank in Singapore, namely OCBC for many years. Enforcement Directorate (ED) has already found that Karti’s company Chess Management received two lakh dollars from three Maxis Group subsidiaries after father Chidambaram illegally approved FIPB clearance,” said Swamy.
Swamy’s revelation of Karti’s secret bank accounts is a big blow to Chidambaram family as well as Karti. He has not declared any of his foreign bank accounts in the affidavit to Election Commission when he contested for Lok Sabha in 2014. Karti’s affidavit to EC is produced at the end of this report, which shows only his bank accounts and businesses in India.
Swamy also blasted CBI and ED for not acting against Chidambaram and son Karti in the Aircel-Maxis scam. He asserted that “certain” BJP leaders are trying to dilute the Prevention of Corruption Act. Swamy said he would oppose this move tooth and nail and move amendments in Parliament.
In addition to the above revelations, Swamy also revealed his correspondence with Prime Minister Narendra Modi on the investigation of the Aircel-Maxis scam, in which the Supreme Court had placed the entire burden on him to prove Chidambaram’s guilt. In his letter, Swamy blamed the attendant Law Officers representing the Government in this case of not presenting any of the necessary documents and in effect complicit in the corruption of Mr. Chidambaram. One wonders how long it will be before we will see a new Attorney General! A copy of this correspondence can be accessed at the end of this post.
Swamy’s detailed letter to Prime Minister Narendra Modi on Karti’s illegal foreign accounts is published below: