SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Swamy to appear as witness against Chidambaram; BJP demands resignation

08 Dec 2011 Evaluate

Janata Party chief Subramanian Swamy has been granted permission by a Delhi court to appear as witness against Union home minister P Chidambaram in the 2G spectrum case. Swamy will provide court with evidence in support of his private complaint against Chidambaram. Janata Party chief will be appearing as witness on December 17, 2011 post which other witnesses as per list will appear in the court.

'Complainant Dr Subramanian Swamy is permitted to recall himself as complainant witness one for leading further evidence. In view of the facts that complainant was not aware of the identity of additional proposed accused (s) at the time of filing of complaint, but has now come to know about it, he is not prevented in law from leading evidence on this point, more so, when he has referred to the role of other conspirators in his complaint,' Special CBI Judge O P Saini said.

In Parliament, opposition BJP demanded Chidambaram’s resignation, Swamy submitted documents indicating home minister’s role in 2G scam along with accused former telecom minister A Raja. After waiting for several months without any favourable revert from Prime Minister to investigate Chidambaram’s role in 2G Scam, Swamy in September 2011, had filed petition in Supreme Court of India.

Swamy’s complaint states that Chidambaram then finance minister had granted licenses to Swan Telecom and Unitech whereas these companies were under home ministry’s radar. Swan Telecom and Unitech sold their shares to Etisalat and Telenor respectively; accordingly home ministry had directed that these companies should not be allowed to do any business in India. Also, Swan Telecom’s promoter Shahid Usman Balwa was allegedly ‘linked’ with underworld don Dawood Ibrahim due to which Home Ministry had expressed reservations on granting license to this company.

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×