Dr Subramanian Swamy asks CBI to take action on Gandhi family's black money accounts

According to Dr Swamy, former prime minister Rajiv Gandhi and his family has accounts abroad where they may have kept black money. He even alleged that Mr Gandhi was detained in the US for carrying $160,000 in cash without the mandatory declaration

Janata Party president Dr Subramanian Swamy has asked the Central Bureau of Investigation (CBI) to provide information on the black money account of the Gandhi family. In a letter written to AP Singh, director, CBI, Dr Swamy provided information relating to the disclosure of offences committed under the Prevention of Corruption Act (PCA) about three incidents and requested the agency to record it as part of the first information report (FIR).

In the letter, Dr Swamy said, in November 1991 issue, Schweitzer Illustrate had published an article disclosing that former prime minister Rajiv Gandhi had about $2 billion in secret bank accounts in Switzerland. “Although the information is two decades old, you are aware that there is no time limitation for corruption cases under the PCA. Also even if Rajiv Gandhi is now deceased, his likely beneficiaries are his wife, Sonia, and two children, two of whom are public servants,” the letter said.

Dr Swamy also said that Russian spy agency the KGB had paid some money to Mr Gandhi and his family. According to the letter, Russian scholar Dr Yevgenia Albats, in her book, ‘A State Within a State: KGB in Soviet Union’ disclosed the file numbers that contain evidence of the KGB payments to the then prime minister Mr Gandhi and his family members. In 2002 the then external affairs minister Jaswant Singh had taken this matter up with the Russians and was informed by the Russian authorities that the government of India may send a senior representative of the RAW to Moscow to obtain authenticated records of KGB payments to Mr Gandhi and his family, said the letter.

The Janata Party president also said that he had information that during the second half of 2001, Mr Gandhi was detained at Boston’s Logan Airport by US law enforcement authorities for possessing $160,000 in cash. However, Dr Swamy says, “The then principal secretary to the PM, Brijesh Mishra, to my knowledge, had intervened with the US Secretary of State, and arrangements were made get to Mr Gandhi released.”

“In his deposition to the US authorities before returning to London Mr Gandhi had declared that the money was his, and he had drawn it out of his secret account in Pictet Bank, headquartered in Zurich, Switzerland. I may mention here later that while studying in Rollins College, Winter Park, Florida, USA, Mr Gandhi paid his tuition and other fees to the College from his secret accounts,” Dr Swamy alleged.

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COMMENTS

satyanarayana

5 years ago

I have lost all the hopes in the present system of governance where any body from any part of globe can be get into the main stream of Indian polity by way of creating family relation with high profile persons in governance and capture the reigns of government in due course of time . It gives way to foreigners to marry sons & daughters of Top Indian high Profile politicians and as & when any unhappening takes place like death, these foreigners can make way to top decision making positions. This has already happened
and god knows how long this will continue . As a result of this domicile Indians will always kept out of power.
satya

jagesh

5 years ago

2 G கனிமொழி ஜாமீன் விவகாரத்தில் சிபிஐ ஏன் எதிர்ப்பு தெரிவிக்கவில்லை.1000 கோடி சிபிஐக்குக் லஞ்சம் கருணாநிதி கொடுத்துள்ளார். மத்தியில் பரபரப்பாக பேசப்படுகிறது.

Paul

5 years ago

Rajiv Gandhi has the dubious distinction of masterminding the biggest scam (Bofors) then , in independent India.
It is not funny that there are so many Rajiv Gandhi statues throughout India.
Statues of Corruption !
We wish the nation be purged of such blatant hypocrisy.

satyanarayana

5 years ago

It's right but almost impossible task since the Italians have taken over the reins of governace in their hands .Now only those who raise voice against them will be lethally penalised. Example is Anna Hazare.
satya

REPLY

Surmesh

In Reply to satyanarayana 5 years ago

Don't be dishartened. As Mahatma Ganghi once said that , it time it might seem that evil powerfull is winning, but in the end truth will win. Keep going and we will win.

satyanarayana

In Reply to Surmesh 5 years ago

Thanks for consoling isarted believing in what you said
satya

Paul

5 years ago

Rajiv Gandhi will be forever remembered for Bofors - the biggest scam and scandal of India.
Rajiv Gandhi , the heartless guy , who ordered Anderson of Union Carbide to be let off. It was a tragedy if not of greater proportions than The Bhopal Gas Tragedy.
Rajiv Gandhi rushed off the Indian army to Maldives to save a Despotic Dictator Abdul Gayoom during a coup.
Rajiv Gandhi ordered the assassination of Eelam Freedom Fighter Prabhakaran.
What is the common thread in all these cardinal sins of Rajiv Gandhi ?
It is MONEY.Rajiv Gandhi will be forever remembered for Bofors - the biggest scam and scandal of India.
Rajiv Gandhi , the heartless guy , who ordered Anderson of Union Carbide to be let off. It was a tragedy if not of greater proportions than The Bhopal Gas Tragedy.
Rajiv Gandhi rushed off the Indian army to Maldives to save a Despotic Dictator Abdul Gayoom during a coup.
Rajiv Gandhi ordered the assassination of Eelam Freedom Fighter Prabhakaran.
What is the common thread in all these cardinal sins of Rajiv Gandhi ?
It is MONEY.

sivaraman v

5 years ago

Politicians are immune to these write ups and allegations.
Developing Nations has so many distortions and crimes against there own community and many go Scot free.
If rape is inevitable lye down and enjoy.

REPLY

Harish

In Reply to sivaraman v 5 years ago

This things are everywhere, But western media only shows the developing nations.

a v moorthi besides TIHAR

5 years ago

Swami s like a street urchin who throws stone on mango tree containing ripe fruits if stone strikes and mango falls it is ok, if the stone misses the mark it will hit the inmates of the house on which the tree is standing either case Swami has nothing to lose. as regards filing defamation case it is waste of time. As regards to Gurumurthy's article in TNIE L K Advani had to teder apology to Sonia

REPLY

plantneemgud

In Reply to a v moorthi besides TIHAR 5 years ago

if you and me are able to breathe in a democratic india..it is coz of people like Dr.Swamy and JP...who had OPPOSED the emergency imposed by the congress back in the 70s. Dr.Swamy could have easily been the director of Harvard by now if he had not left his job there to fight for the people back in india. have SOME courtesy.

manish

In Reply to a v moorthi besides TIHAR 5 years ago

u ignorat rat ,
Do u know what Happened with Advani and with Sonia?
Do u even know that it was not due to the article of Gurumurthy.
Lick ur congress masters while they continue raping u.
1. you do not have much information on anything.
2. Due to some reason u wana write soemthign against Swamy.
3.U are not aware about ACACI and any other thing.

So my advice to you is please spend ur time licking ur masters, rather than proving urself a fool.
U must be from Tamilnadu, and must be a puppy of Raja, whom Swamy has sent to jail

Kalpesh

In Reply to a v moorthi besides TIHAR 5 years ago

One can thank Mr.Swamy to bring down the rotten mangoes. The days are here when people can see the high and mighty going to jail for the crimes committed & India can come out of being a banana republic.

I think, we should wait for the rotten tree to be cut.

If I can ask, what is your contribution Mr. Moorthi in public life?

simran kaur

In Reply to a v moorthi besides TIHAR 5 years ago

Ok... but what do you say about the sober voice of Pratap Bhanu Mehta in the Indian Express who said, “The use of state power by the Congress has been ruthless, the corrosion of public discourse unconscionable, and the anti-intellectualism mind-boggling” . There is no stone-throwing urchin saying that... it is the voice of all of us who feel incredible anger that a Dr Manmohan Singh with cronies Montek Ahliwalia, C rangarajan, sibal, digvijay, amul baby et all just destroyed the one real chance that India had of getting out of this economic rut of poverty and backwardness!! WHY????

RNandakumar

5 years ago

Dr. Swamy only has confirmed to-day what had been published in The Indian Express months back in a shocking article by Mr. Gurumurthy. Infact he had challenged Gandhi family to sue him if what he had revealed were not facts. Just like MMS keeping a stoic silence on 2G scam, Gandhi family has not shown any reaction.

D Ghosh

5 years ago

Very revealing info about the Congress first family. And possibly explains why crusaders against corruption and foreign account black money holders like Anna Hazare and Swami Ramdev are being arrested and suppressed ruthlessly by the UPA 2 govt. Wish the main line newspapers also carried such revealing info on our great self sacrificing politicians doing so much for the aam admi. Also explains why the govt is trying to keep the CBI out of the ambit of the Lokpal

Java

5 years ago

Neither our main opposition parties nor the mainstream media seem to have any interest in pursuing the information, much of which is already available publicly. It is unlikely that these proceedings will be highlighted either, but it should be interesting to see how the CBI squirms and wriggles out of Swamy's yorker that threatens to bowl out their master.

Arun Iyer

5 years ago

Wow, what a nation!
Corrupt leaders and impotent citizens.
Makes me feel really proud to be an Indian.
Mera Bharat Mahaan
90 out of 100 Beimaan

REPLY

RNandakumar

In Reply to Arun Iyer 5 years ago

Our netas don't have any worry on inflation or cost of living for they make enough to last their generation and see to it that either their daughter or son or nephew takes over from where he left. It is only the middle-class that is made to toss between the devil and the deep sea. If you have any doubt on this watchout in Parliament when the next occassion for a raise in the remuneration of MPs come. There will be a 100% 'Yes" only unmindful of the idealogical void between parties they represent.

Java

In Reply to Arun Iyer 5 years ago

Arun, let us not castigate the people of India for the crimes of a small coterie of crooks in government and business. Trust our courts to bring them to justice and have faith in the people of our great democracy to rectify the situation.

Rajan

In Reply to Java 5 years ago

Oh die-hard-optimist!! Keep hoping, while the nation gets raped and well would be in hell/heaven/nowhere when the nation would finally disintegrate and all the surviving ones would only indulge in blame games!! Arun Iyer is right, we are a beiman population!! Cowards to the core

Harish

In Reply to Java 5 years ago

Yes, I fully agree with Java.

Workaholic Indians don’t believe in vacations

Expedia (India), a largest online travel agency, rates India as the fifth most vacation deprived nation, after Japan and Korea. 26% of Indians prioritize work over holidays, while 28% would prefer getting paid for unused vacations, the survey revealed

Rohan Patel (name changed), has never been on vacation for the past three years. Software designer by profession, Mr Patel has used all his paid leaves doing petty things and attending family functions. “I feel irritated with my work, but I have hardly taken a break from it,” he says.

If statistics are to be believed, Mr Patel is not the only one. A recent survey rates India as the fifth most vacation deprived nation, only after Japan and Korea.
According to a study conducted by Expedia (India), a largest online travel agency, 26% of Indians (respondents) prioritize work over holidays, 28% would prefer getting paid for unused vacations and Indians still consider vacation as luxury as opposed to necessity.

The study, an annual analysis of vacation, spans across India, North America, Europe, Asia, South America and Australia. The poll was carried out amongst 7,083 employed people across 20 countries and reveals who gets the most vacation, who takes the most vacation and people’s attitudes towards vacationing and common themes, such as money, disapproving bosses, romance—impacting respondents’ vacations.

The study indicates that 29% of Indian respondents said “they couldn’t plan their holidays” owing to work pressures and non-supportive bosses as an excuse for not going on holidays stood at 28%.  In the Asia-Pacific region, Indians receive highest number of holidays, on an average 25 days, but up to of 20% of these vacations remain unused. Whereas countries like Brazil use each one of it.
Manmeer Ahluwalia, head-marketing, Expedia (India) says that, “In India, vacations tend to be viewed as a guilty habit and as many as 54% Indians spend vacations usually secretly checking emails.”

While, most Indian vacationers find it difficult to disconnect from work, with 54% checking the e-mails, the situation is the reverse in the US and Europe. 41% of the respondents in the US never check their e-mail while on vacation and in Europe, except France, employees completely let go off with work.

Zelam Chaubal, director, Kesari Tours, finds the study contrary to the current trend. “Post recession there has been considerable growth in tourism industry with section of people such as working couples and retired people regularly taking a vacation break. If Indians were to be vacation-deprived than surely so many travel agencies would have to shut their business.”

According to the study, Indians favour travelling with their families to beaches over romance and spouse.  Romance was the preferred option for the Japanese and Argentineans while Mexicans were four or five times as likely to select the beach as they were to choose a romantic holiday.

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COMMENTS

Sachin Bhutada

5 years ago

Wedding ceremonies is one of the biggest reasons for people getting their leaves used up.In the Western Countries,all the weddings are on Sundays. Besides they dont have to attend weddings of uncle's daughters brother in law's wedding.Got the message? In India all weddings and other festivals need not come on Sundays. Also as i stated above we have to attend functions of "door ke rishtedar" as well. That eats up all leaves. Nothing left for "vacations". Its not the problem with mentality. Even Indians like to go for vacations as much as people from the west.

Ronald

5 years ago

Offers best and cheap holiday tour packages in all over the India

Euro break up may lead to civil war, says UBS

Europe, with its tens of religions, hundreds of mutually exclusive cultures and millennia of hatred, was at the centre stage of the bloodshed that took place during the first two World Wars. Will history repeat itself if the Euro breaks? UBS hints at it

The Eurozone debt problem is turning into a big concern. Swiss global financial services company UBS AG in a report has made a very bold and shocking statement. It says, “If most observers agree that a Eurozone break-up significantly increases the risk of widespread economic and financial mayhem... Reasonable people don’t play Russian roulette. So why are some economists suggesting that Europe should?”

In September, UBS’ economics team of Larry Hatheway, Paul Donovan and Stephane Deo had outlined the costs of breaking up the Eurozone. It said that the combination of cascading cross-border defaults, collapsing banking systems, soaring risk premiums, and currency dislocations would result in losses approaching 20% of the gross domestic product (GDP) for creditor countries and 40% of GDP for departing debtors.

On revisiting this, Mr Hatheway said he feels the estimates were probably conservative—the true costs could well be higher. That is because once Europe (and the world economy) finds itself in a depression; policy probably could not arrest the decline. Broken financial systems and ruined economies are the stuff of prolonged deflation or worse. In addition, it is by now abundantly clear that even unconventional macro-policies cannot deliver results if the financial system is in tatters, he said.

The report reminds everyone that anything but a ‘fix’ to a system that was broken from the very beginning would be a catastrophe. The Eurozone was flawed from the start. Wrong countries joined and the Euro area lacks the appropriate policy framework to deal with its imbalances, lack of growth, and internal inflexibility. “Break-up runs the risk of becoming one wretched scenario. Sadly, however, it can’t be ruled out, just as it would have been improper to rule out the horrors of the first half of the 20th century before they happened,” Mr Hatheway said.

He said that the unfolding Eurozone crisis is not something to be taken lightly. The consequences of policy action are material, not just for the 330-odd million residents of the Euro area, but assuredly for the world economy and financial system, as well. The crowd across Eurozone is saying that Greece, which is into huge debt, should leave the zone. Since the euro was introduced, Greece has raked up external liabilities (cumulative current account deficits) of nearly $300 billion, just over 100% of its GDP.

Mr Hatheway said, “The biggest reason why the ‘it’s only Greece’ narrative is naive and dangerous is that it almost certainly would not be ‘only Greece’. Once one country leaves the Eurozone, residents in other ‘at-risk’ member countries would plausibly conclude that their country might be next to go. Logic dictates they would send their wealth abroad, resulting in a run on their domestic banks, precipitating a collapse of their financial sectors and economies.”

There have been some suggestions of breaking the Euro and allowing countries to come out with new currencies as contingency planning. “Contingency planning is prudent. But just what contingency are we planning for? In a break-up, new currencies will be introduced. But will they trade freely? Probably not. As we noted in our original piece on the costs of break-up, it is highly probable that capital controls would accompany exit. Spot, forward, futures, swaps, options and other currency derivative contracts might not even materialize, or perhaps only for limited current account transactions.”

“Companies preparing plans on how they might manage multi-currency cash flows in a post-Eurozone world might be advised instead to pay attention to the risk of not getting paid at all, never mind in which currency. Counterparty risk— bank-to-bank and company-to-company—would soar as defaults mount.”

“Bank risk management teams would be similarly advised not to ask how far new currencies might depreciate or how high risk premiums might rise, but whether the bank would survive a collapse of the payments system, a run on deposits, and widespread default on assets,” the chief economist of UBS said.

Break-up runs the risk of becoming one wretched scenario. Sadly, however, it can’t be ruled out, just as it would have been improper to rule out the horrors of the first half of the 20th century before they happened. “But it is very hard to see break-up as a solution. Let’s hope Europe’s politicians and policymakers agree and take action this week to fix what is broken before it all really breaks up,” Mr Hatheway concluded.

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COMMENTS

Jayant chaudhari

5 years ago

while Eurozone crisis is Looming large Our P M &F M are complacent with their power .China has Leaders their National interest in their mind.India since Independence has leaders preoccupied with their own fascination or wasted interests.

B Rajaram

5 years ago

The situation reminds me of year just after WW II.Marshall Plan pumped funds from US at that time. But now US is in crisis themselves. China has to take that role. But they refused to bail out Europe. Irresponsible unearned high quality of life Europe maintained, particularly Greece, Spain. Portugal and even France. When time for correction was there, soft option of not taking firm steps by the EC has today landed them in crisis and the world too has to pay a price for this. India has a serious lesson to learn. We seem to be on thresh hold of getting in to our own economic black hole , the way fiscal prudence is getting sacrificed by various political parties, in their anxiety to catch votes. The situation is getting worse and worse in our country, but there seems to be no leader of such a stature to stop the current drift. We too are fast heading in to Eurozone like crisis. China is quietly watching. They are already taking needed defensive steps to protect their economy for the last 5 years, by increase investments and imports of commodities needed for futire consumption. Militarily too they strengthened themselves, because the richest nation must have strong protection too.

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