“Chidambaram didn’t disclose its investments to tax authority, violating Black Money Law, which was brought by Modi govt as part of its drive against black money and to prosecute those Indians who have secretly stashed illicit wealth abroad,” she said. Levelling allegations against Chidambaram and his family of holding illegal assets, Sitharaman said, “As per the Income Tax estimates, Chidambaram? Meanwhile, Chidambaram took a swipe at Sitharaman and Amit Shah, reminding them of BJP’s 2014 poll promise to bring back all the black money stashed abroad. Following the chargesheet, the Chidambaram family on Saturday had put out statements calling the charges against them “baseless allegations”. They claimed that the offshore accounts and investments were duly mentioned in their income tax returns.

Source: Indian Express May 13, 2018 08:39 UTC