Karti Chidambaram has 21 secret bank accounts, Finance Ministry not taking action: Subramanian Swamy

Senior Bharatiya Janata Party leader Subramanian Swamy on Monday accused former Finance Minister P Chidambaram’s son Karti Chidambaram of holding 21 secret foreign bank accounts.Senior Bharatiya Janata Party leader Subramanian Swamy on Monday accused former Finance Minister P Chidambaram’s son Karti Chidambaram of holding 21 secret foreign bank accounts. Seeking Prime Minister Narendra Modi’s intervention in the matter, Swamy alleged that no agency was taking any action against Karti Chidambaram because of pressure exerted by his “friends in the Finance Ministry”, The Indian Express reported.

“It is shocking that the Central Bureau of Investigation and the Enforcement Directorate…have failed to proceed against Mr Karti Chidambaram,” Swamy said in a press note. “Karti [Chidambaram] has also refused to obey three summon orders of the Enforcement Directorate,” he alleged. The BJP leader said the accounts in question were not declared to the Income Tax Department and were being held in several foreign banks, including Barclays Bank in Monaco, Standard Chartered Bank in Singapore and HSBC in the United Kingdom.