Kapil Sibal acquired land from ‘money launderer’: BJP

Says the deal was done at a much reduced price.

The BJP on Thursday accused former Law Minister Kapil Sibal of acquiring land in Delhi at a much reduced price, from a person accused of money laundering, while he was still Minister in the previous UPA government.

Mr. Sibal said all his paperwork was in order and that he may even consider initiating defamation proceedings against the news website that had published the story.

Speaking at a press conference in New Delhi, Information and Broadcasting Minister Smriti Irani quoted new reports from a news website and a South African news outfit that had gone into the details of the case.

Ms. Irani said Mr. Sibal had acquired the land by paying “just ₹1 lakh” by gaining the ownership of a company, Grande Castello, from Piyoosh Goyal, a businessman who had been under the CBI scanner for money laundering.

She said that while Mr. Sibal “may want to do a business deal with a man accused of money laundering, is it acceptable to [Congress president] Rahul Gandhi?” Mr. Sibal said that he had “bought a company, paid for it, paid from my income.”

“ My income tax is up to date. I have also filed corporate tax returns. You do not want to see records and later allege money laundering,” he said.

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Printable version | Apr 3, 2020 12:33:14 PM |

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