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Subramanian Swamy
Former Union minister and senior BJP leader Subramanian Swamy has said he wants the Centre to nationalise the assets of Adani Group, which has faced scrutiny after its stocks tumbled following a report over its financial deals and a ruckus was created in Parliament by opposition parties over it. In an interview with PTI here, Swamy spoke about how his recent tweet on being "sorrowful" regarding the demise of former Pakistan president Pervez Musharraf which has received a lot of criticism online. He also spoke about how Union Budget 2023-24 presented by Finance Minister Nirmala Sitharaman alleging it lacked either objectives or strategies and said the allocation for defence is low at a time when China is aggressive on the border issue. Excerpts from the interview -- Question: How do you think the BJP government has handled the Adani Group issue, while opposition parties are demanding action against the beleaguered conglomerate? Answer: I would like to see the Prime Minister nationa
The Supreme Court on Friday granted four-week extension to the Central Bureau of Investigation and Reserve Bank of India to file reply on a plea filed by BJP leader Subramanian Swamy seeking probe into the alleged role of the central bank officials in various banking scams. A bench of Justices B R Gavai and Vikram Nath said it will hear the matter after six weeks. The top court had issued notices to the CBI and ED on October 17. Swamy has alleged that the involvement of RBI officials in scams involving various entities such as Kingfisher, Bank of Maharashtra and Yes Bank had not been probed. He contended that despite playing a key role in the allocation of funds to various projects, RBI nominees have not been touched by CBI enquiries from 2000 till today. "Not a single RBI official has been brought to justice despite RBI retaining the power to monitor, regulate, supervise, audit and direct the functioning of all banking companies in India," the plea submitted. The plea also alle
The Supreme Court on Monday agreed to examine BJP leader Dr Subramanian Swamy's plea seeking a probe into the alleged role of Reserve Bank of India (RBI) officials in various banking scams. A bench of Justices B R Gavai and B V Nagarathna issued notices to the Central Bureau of Investigation and Reserve Bank of India and sought their replies on Swamy's plea. "We'll consider. Issue notice," the bench said. Swamy has alleged that the involvement of RBI officials in scams involving various entities such as Kingfisher, Bank of Maharashtra and Yes Bank had not been probed. The plea also alleged that RBI officials had acted in demonstrable active connivance in direct violation of statutes, including the Reserve Bank of India Act, Banking Regulation Act and State Bank of India Act.