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BW Businessworld

10 Targets Of Subramanian Swamy

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The Income Tax department is likely to issue notices to Congress leaders Sonia Gandhi and Rahul Gandhi asking them to pay tax and penalty on "income" of Rs 1,300 crore that investigators believe they earned from the transfer of shares of Associated Journals Ltd (AJL), publishers of the now-defunct party newspaper the National Herald, according to a report in The Indian Express.
Officials told the newspaper that the move follows investigations conducted on a complaint received from BJP leader Subramanian Swamy who alleged that the Gandhis misappropriated AJL assets while transferring their shares to the newly formed Young India Ltd. According to I-T records, 83.3 per cent of Young India Ltd is held by Sonia and Rahul, 15.5 per cent by Congress veteran Motilal Vohra and the remaining 1.2 per cent by party loyalist Oscar Fernandes.
Young Indian was formed on November 23, 2010, and registered under Section 25 of the Companies Act, 1956. It lists its address as 5A Herald House, Bahadur Shah Zafar Marg, New Delhi, the office of the National Herald.
Here's a quick recap of Subramanian Swamy's 10 high profile targets
1) In the 1980s, Swamy released a letter alleging that a former intelligence chief had asked the Department of Telecommunications (DOT) to tap the phones of many businessmen and politicians. In the resulting controversy, Karnataka Chief Minister Ramakrishna Hegde had to resign. 
2) Swamy effectively brought the 2G scam to public notice by writing letters to the prime minister. Swamy filed a case in the Supreme Court which lead to a CBI investigation in the matter and the reverberations of the probe were felt long and wide. 
3) In 1996, he filed a case accusing J. Jayalalithaa of amassing properties disproportionate to her income during her tenure as Tamil Nadu chief minister (1991-1996). Jayalalithaa was convicted on September 27, 2014, and had to step down as chief minister.
Swamy has said he will move to the Supreme Court next month against the acquittal of AIADMK supremo J Jayalalithaa in a grafts case if the Karnataka government did not do so by then.
4) Swamy was among the first to question Sonia's Italian roots and her decision to join politics after her husband Rajiv Gandhi's death and continues to take potshots at her.
5) Swamy fought against K Karunanidhi's 1989-91 DMK government and since then there has been animosity between the two. In 1997, Swamy made a list of charges against Karunanidhi and got dragged to court. Karunanidhi's pet Sethusamudram Shipping Canal Project, which would have linked India and Sri Lanka, was also met with stiff resistance from Swamy who argued against it on court on religious grounds, saying that it would damage the mythical Ram Sethu.
6) In the 1980s, Swamy embarrassed P Chidambaram over the Hashimpura massacre and after decades their rivalry is still intact. In the 1990s it is said that Chidambaram tried to get Swamy arrested over FERA violations, but failed to do so.
7) In 2012, Swamy alleged that P Chidambaram delayed permission for the sale of Aircel to the Malaysia-based Maxis to ensure that his son Karti Chidambaram could benefit financially.
8) In 2014, Swamy alleged that Congress president Sonia Gandhi had stashed away black money in three secret accounts in different foreign banks. Swamy, a known Sonia-baiter, said she had secret accounts at Vatican Bank, Sarasin Bank in Basel and Pictet Bank in Zurich.
9) In May 2014, Swamy filed complaints against Priyanka Vadra and Karti Chidambaram with the corporate ministry alleging that the two had multiple Directot Identification Numbers (DINs), which is not permissible under the Companies Law. Priyanka admitted to mistakes in submitting multiple applications for DINs while Karti Chidambaram was asked by the corporate affairs ministry to explain his position on a related issue.
10) Swamy wrote a letter to Prime Minister Narendra Modi seeking a probe into the SpiceJet buyout. Swamy told CNBC-TV18 television channel that he had raised question on Ajay Singh's source of funds and the capital market regulator's move to exempt the new promoter from making an open offer despite acquiring 58 per cent in the airline.