Jaya lashes out at Finance Ministry

AIADMK chief Jayalalithaa said the ministry, at the behest of Finance Minister Chidambaram, had launched a personsal 'diatribe' against her instead of replying to her charges.

Lashing out at the Union Finance Ministry, AIADMK chief Jayalalithaa on Thursday said the ministry, at the behest of Finance Minister Chidambaram, had launched a personsal 'diatribe' against her instead of replying to her charges that investments through participatory notes were responsible for the fluctuations in the stock market indices.

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Reacting to the Finance Ministry describing her charges as baseless, she said "the rebuttal is an exercise in obfuscation.It simply seeks to beat around the bush without answering the core of the issues raised by me', she said in a statement.

She said if Chidambaram was unable to answer her charges on the issue, particularly on revealing the names of participatory note holders within the next 24 hours, he should demit office for "misleading" the nation.

"Will the union finance ministry publish the complete list of P-note holders along with their details and the amount of investment on its website or on the website of SEBI? What prevented the ministry from doing so?" she asked.

Jayalalithaa had earlier accused Finance Minister P Chidambaram of having jeopardised India's security by turning a "blind eye" towards the inflow of terror funds through participatory notes.