The Rajya Sabha member has written to the Prime Minister twice, seeking Rajan's immediate removal.
Firing yet another salvo at Reserve Bank of India (RBI) governor Raghuram Rajan, BJP MP Subramanian Swamy on Thursday alleged that he has planted "a time bomb" in the Indian financial system, and it will explode in December.
Swamy, who has twice written to prime minister Narendra Modi last month, seeking Rajan's ouster for keeping the interest rate high, took to Twitter to criticise the former International Monetary Fund (IMF) chief economist.
"R3 (Raghuram Rajan) planted a time bomb in our financial system in 2013. It is timed for December 2016. The redeemable $24 billion in f.e. (foreign exchange) to be paid out by banks," he tweeted. He did not specify further.
There was no immediate response to the query sent to RBI spokesperson Alpana Killawala in this regard.
On May 26, Swamy had levelled six allegations against Rajan, including that of sending confidential and sensitive financial information around the world, and asked the prime minister to sack him immediately.
Prior to that, Swamy had claimed that Rajan was "mentally not fully Indian" and alleged that he has "wilfully" wrecked the economy. On Swamy's earlier comment, Rajan said on Wednesday, "There are certain allegations that are fundamentally wrong and baseless. Addressing them would amount to giving them legitimacy."
He further said, "I think when you think about Indianness, when you think about love for your country, it's a very complicated thing. For every person, there is a different way that you show respect for your country. My mother-in-law will say karmayogi is the way to go – do your work."
The governor clarified that he "welcomes genuine criticism of our policy, but will not address ad hominem attacks" or allegations against him as an individual instead of the policies and the position he holds.
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 "Subramanian Swamy, Raghuram Rajan")
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