BJP Rajya Sabha MP Subramanian Swamy has said that Ratan Tata was the most corrupt chairman in the history of the Tata group adding that he wasn’t a Tata as his father was an adopted child.
“The most corrupt person in Tata history is Ratan Tata. He is not even a Tata, as his father was an adopted child,” Swamy was quoted by ANI.
He added, “Ratan Tata is doing injustice with Cyrus Mistry. Two months back, the entire board appreciated the work of the Cyrus Mistry and it could be his (Ratan Tata’s) jealousy that prompted the action.”
Speaking to reporters in Raipur, Swamy accused Ratan Tata of being involved in various scams like the 2G scam, Air Asia scam, the Vistara partnership and the Jaguar deal.
He said, “He has taken the step to save himself from getting caught in scam deals, but he will not be spared whenever he is tried in court. The government should intervene and set up an SIT. I have written to the Prime Minister and informed him about the sections involved where Ratan Tata has breached the Indian Penal Code.”
“The decision to change the leadership of Tata Sons was a well-considered and a serious one for its board members. This difficult decision, made after careful and thoughtful deliberation, is one the board believes was absolutely necessary for the future success of the Tata Group,” the interim chairman wrote to employees of the $100 billion (around Rs 6.67 lakh crore) Group.
The letter came shortly after Mistry ratcheted up the war of words by rebutting “insinuations” of mishandling a dispute with Japan’s NTT DoCoMo, saying Ratan Tata was party to all decisions regarding the telecom venture. Tata, 78, who retired as Tata Group Chairman nearly four years back, justified his return for “maintaining stability and continuity of leadership” and promised to give the group “a world-class leader” when a fulltime boss is appointed.