Kanimozhi's Arrest 'Vendetta' Against DMK And My Family:Karuna

Chennai, May 21: Terming Kanimozhi's arrest in the 2G spectrum scam as a vendetta against his party and family, DMK chief M Karunanidhi today said his daughter's only crime was being a shareholder of ‘Kalaignar
kanimozhi s arrest vendetta against dmk and my...
PTI May 22, 2011 8:13 IST

Chennai, May 21: Terming Kanimozhi's arrest in the 2G spectrum scam as a vendetta against his party and family, DMK chief M Karunanidhi today said his daughter's only crime was being a shareholder of ‘Kalaignar TV'.

“The arrest is a vendetta against DMK and my family ranging from Kanyakumari to Himalayas”, Karunanidhi, sulking over his daughter and DMK MP Kanimozhi's arrest, said.
However, the DMK patriarch said he was confident of winning the “final war.”

Writing in his party organ “Murasoli”, he said it was he who advised Kanimozhi to be a shareholder of Kalaignar TV through the money received from Sun Television Network when his wife Dayaluammal sold her share for Rs 100 crore in October 2005.

Out of this money received from the network, Rs 22.5 crore was paid as tax while the “remaining was shared”, Karunanidhi said without elaborating.

“It was I who asked Kanimozhi to pay her share amount of Rs two crore to become a shareholder of Kalaignar TV,” he said.

“Though she was not inclined, she accepted my advice to be a shareholder of Kalaignar TV. This is the only crime she (Kanimozhi) committed”, Karunanidhi said.

“It is common for a shareholder to be a part of the company's profits and losses. But they are not responsible for its day-to-day activities,” he said.

Despite (Advocate) Ram Jethmalani's (counsel for Kanimozhi) arguments in the Delhi Court that shareholders were not responsible for a company's income and expenditure, Sharad Kumar (Kalaignar TV Managing Director) and Kanimozhi were denied bail, he said.

The DMK president also indirectly blamed the Congress for his party's huge defeat in the April 13 Assembly polls, saying the loss was due to the alliance partners taking away their preferred constituencies “forcibly”.He also slammed the Election Commission accusing it of conducting the elections in an “anti-democratic” way. PTI

 
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