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  5. ‘Rajan leaking sensitive information, working for US’ interests’: Swamy’s fresh salvo at RBI Guv

‘Rajan leaking sensitive information, working for US’ interests’: Swamy’s fresh salvo at RBI Guv

BJP MP Subramanian Swamy today fired another salvo at RBI Governor Raghuram Rajan levelling six allegations against him and asked Prime Minister Narendra Modi to immediately terminate his services.

PTI Published : May 26, 2016 14:46 IST, Updated : May 26, 2016 16:49 IST
RBI Governor Raghuram Rajan
RBI Governor Raghuram Rajan

New Delhi: Days after writing to the Prime Minister Narendra Modi seeking the ouster of Reserve Bank of India Governor on grounds that he was not “mentally fully Indian”, BJP MP Subramanian Swamy today fired a fresh salvo at Raghuram Rajan levelling six allegations against him to reiterate his demand.

Seeking Rajan’s ouster as RBI Governor for the second time in two weeks, Swami, in his second letter to PM Modi, once again accused Rajan of raising interest rate to the detriment of small and medium industries. Swamy said the governor should have known the "inevitable consequence of rising and high interest rate and his policy was wilful and thus anti-national in intent".

Rajan, the BJP leader also claimed, has been sending confidential and sensitive financial information using unsecured Chicago University email id and publicly disparaging the BJP government.

“As Governor of RBI, Dr. Rajan has sent confidential and sensitive financial information to various persons around the world on his University of Chicago unsecure personal email address. This is a reckless disregard of the national security interests of India,” Swamy said in the letter addressed to the PM.

Swamy said that six allegations levelled by him against RBI governor were "prima facie true" and require termination of Rajan's services "immediately" in the "national interest".

In his second letter to Modi within a fortnight, Swamy alleged that despite holding a sensitive and very high government post, Rajan has been making mandatory trips to the US to renew his Green Card.

RBI Governor's post, Swamy added, "is very high in the Warrant of Precedence and requires a patriotic and unconditional commitment to our nation". Rajan, he further alleged, is a member of US dominated Group of 30 which is engaged in defending America's dominant position in the global economy.

“The US grip on the Japanese economy today is profound, in stark contrast to the reverse during the 1980s. This seems now also the modus operandi of Dr. Rajan in his strangulating the small and medium industries by untenably high interest rates,” Swamy wrote.

Swamy also targetted Rajan for being “publicly disparaging of the BJP government” and also took exception to Rajan’s ‘one-eyed king’ comment in a Washington Meet recently.

“Such pejorative sarcasm against the Government is a violation of the Rules governing public officials and conduct unbecoming of such an official,” he added.

The BJP, however, has so far sought to distance itself from Swamy’s comments. "The party stand is spelt out by me," party president Amit  Shah had said when quizzed on Swamy’s remarks.  "I will only say that the party's stand is articulated by me. I will not comment on institutions and their heads in public," he added.  

This is the second time in two weeks that Swamy has written to Prime Minister Modi seeking immediate removal of Raghuram Rajan. In the first letter, written on May 17 , Swami had called Rajan 'mentally not fully Indian'. 

(With PTI inputs)

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