“These statements are enough to arrest HSBC officials. Their operations should be immediately suspended as it is a fit case for charging them under sedition and waging war against India,” Kejriwal said.
Alleging that only about 125 of the 700 persons named in the list were raided, Kejriwal sought to question the rationale behind the pick and choose policy of the government in excluding the big fish from the raids.
Denying the allegations, Tandon, who was the Managing Director of Motech Software, said “you go and ask him on what he is making such allegations. I don't think he has anything to prove this.”
Here goes the press note issued by IAC: