HomeLatest NewsFM Press Conference: Finance Minister targets Congress over Antrix-Devas deal

FM Press Conference: Finance Minister targets Congress over Antrix-Devas deal


Finance Minister Nirmala Sitharaman Press Conference:

At a press conference on Tuesday, Union Finance Minister Nirmala Sitharaman slammed the Congress on the Antrix-Devas deal. Sitharaman said that the Congress misused resources when it was in power.

The Congress had done a fraud deal

Nirmala Sitharaman said that the then Telecom Minister Kapil Sibal gave a press conference about this topic, but he did not mention it in a cabinet note. The Union Finance Minister asked me about the Supreme Court’s decision on the Devas-Antrix case. The Supreme Court has issued a comprehensive order in this matter. This deal, which took place in 2005, was canceled in 2011 by the UPA (United Progressive Alliance). India’s Finance Minister said that it was a fraudulent deal.

The Congress should inform the people of the country

The Finance Minister told reporters that the deal was finalized between Antrix and Devas in 2005. A great betrayal of the country and its people. She said Congress is the mastermind behind this game. As the Supreme Court order shows, the UPA government had adopted the wrong tactics. Nirmala Sitharaman said that the Antrix-Devas deal was completely contrary to national security. The Congress party now has the opportunity to explain how this kind of fraud was perpetrated against the people of India.

Referred to the Supreme Court order

Nirmala Sitharaman further stated that Congress now needs to explain why the cabinet was kept in the dark. The cabinet should have no moral right to speak about crony capitalism. The Finance Minister said that the Supreme Court had upheld the decision of liquidating Devas Multimedia to raise funds by selling it, referring to the order of the Supreme Court.

The UPA misused its power

Finance Minister Nirmala Sitharaman said that Devas-Antrix is a complete betrayal of Congress for Congress and by Congress. Congress-led UPA government misused power to sell S-band spectrum, which was used for national security, according to him.


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