Arun Jaitley on Subramanian Swamy's charges: Did Congress give loan to a private company?

On Rahul Gandhi and Subramanian Swamy:

• I am not commenting on a person specific or Dr Swamy's allegations
• I want to highlight the Associated Journals board document which says AICC gave them a loan of 90 crore
• Dr Swamy said political parties cannot make donations - but the consequences are far reaching
• The Election Commission guidelines state that each party must amend their constitution and according to Article 8 of Election Commission's conditions of registration that financial resources must be used only for a political purpose.
• We amended the law to say any legal entity can donate to a political party and there was a tax incentive for that. I-T Act, Companies Act and Representation of People's Act was changed - and the conditions were that anyone donating more than Rs 20,000 has to be listed and declared. After political parties comply with this, they are exempted from paying tax
• If it is true that money was accumulated in the name of a political party and both donor and party got exempted - and then that was transferred to a political entity

• Congress is led by a corrupt man in Himachal - don't think this was the best place to make the statement
  

• Besides being unfair and anti-people it added to the misery of the common man and women especially
• Only at midnight they realised  it was a politically costly move
• And even then they did not rollback - I think this will last for 72 hours
• After Himachal votes, the holding out operation would have ended
• The people of Himachal should decide that we'll give them a crushing defeat
• That might stem such eagerness to bring  anti-people moves

• The issues that I raised at my earlier press conference have not been answered
• Why should he benefit on policies with money from someone else's account? He must answer... that I-T cannot answer.
• Truth and public good are complete defence in a defamation case.