Karti Chidambaram has Rs 120 lakh crore stashed in 21 undeclared foreign bank accounts, alleges Subramanian Swamy

In a sensational allegation, BJP Rajya Sabha MP Subramanian Swamy has claimed that P Chidambaram's son Karti has 21 undeclared foreign bank accounts. According to Swamy, Karti has around Rs 120 lakh crore stashed in these accounts. 

Karti has reacted to the controversy tweeting: 

Some outrageous claims have been made about me. My filings are up to date n completely in compliance with regulatory/statutory requirements.

— Karti P Chidambaram (@KartiPC) February 20, 2017

My family's n my assets are duly reflected in our IT filings. My companies have made all declarations as required by statutory requirements

— Karti P Chidambaram (@KartiPC) February 20, 2017

In a press conference, Swamy said that CBI and ED have been given the information beforehand, but they haven't able to pursue the case against Karti. He said Karti hasn't responded to three summons given by ED. Subramanian Swamy is also unhappy with his own party, claiming that the BJP is trying to dilute a specific section of the Prevention of Corruption Act (PCA) which can be used to convict both Karti and P Chidambaram. Swamy has furnished a list of 21 offshore bank accounts of Karti Chidambaram. 

Dr @Swamy39 #PressConf on #KartiFrauds Press Release @jagdishshetty 1/2 pic.twitter.com/rzFskaOEDd

— ॐRameshॐ (@rameshnswamy) February 20, 2017

Swamy claims that a whistleblower from the tax authorities handed him the list of offshore accounts, none of which were declared to the tax authorities. According to the Rajya Sabha MP, under pressure from Chidambaram, tax authorities have deliberately gone slow and have not put the noose around the accused. Swamy has written to the PM alleging complicity of the tax officials with Chidambaram for lax investigation in the Aircel-Maxis scam. 

After the verdict came in the Sasikala disproportionate assets case, Swamy had warned that his next target will be Chidambaram and looks like he is following up on it.