29 October, 2020

Jethmalani Nails Jethmalani

He may find it hard to fight off a FERA violation probe, but the case against Hegde is weaker

Jethmalani Nails Jethmalani

JANATA Party president Subramanian Swamy's attack on Cabinet minister Ram Jethmalani may not be a mere publicity stunt after all. According to information available with Outlook, the Directorate of Enforcement (DOE) is currently "investigating the case" against Jethmalani and has prima facie concluded that "there does appear to be a violation of foreign exchange rules". The Union minister for urban development is under scrutiny for spending $200,000 obtained from various sources abroad way back in 1987 without declaring this expenditure to the Indian government.

While Jethmalani has asserted that the case, which was investigated after Swamy publicly repeated these allegations in 1995, is closed, the DOE emphatically disagrees. Agency insiders say that what has made matters worse for the minister is an earlier defamation proceeding filed by him against godman Chandraswami in which he had himself admitted to using the funds abroad to finance an investigation into the Bofors case. The DOE has already moved the Bombay high...



To read this piece, and more such stories in India's most exciting and exacting magazine, plus get access to our 25-year archives goldmine, please subscribe.

More from B.R. Srikanth

Latest Magazine

November 02, 2020

other articles from the issue

articles from the previous issue

Other magazine section