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NSA’s son Vivek Doval hits back at muckrakers

By IndianMandarins- 21 Jan 2019


National Security Adviser Ajit Doval’s son Vivek Doval on Monday filed a criminal defamation complaint against ‘The Caravan’ magazine for publishing a defamatory article “with mala fide intent”, the article’s writer, Kaushal Shroff, and Congress leader Jairam Ramesh for addressing a press conference on the basis of the report “without verifying the facts”. The matter has been listed for hearing on on Tuesday. 

On January 16, The Caravan had published an article, “The D Companies”, which stated that “Ajit Doval’s sons run a web of companies including a Cayman Islands hedge fund even as father demands crackdown on tax havens”.


It alleged that the fund headed by Vivek Doval, based in the Cayman Islands, was involved in laundering black money and routing it to India after demonetization was implemented in 2016.


In the complaint, Doval stated that the idea of starting a hedge fund was formed back in 2013 with his friend Amit Sharma in London. After several deliberations with stakeholders, the fund commenced in 2016, with several reputed businessmen on board.


His complaint further stated that the announcement of demonetization and the firm’s launch, “though proximate in time, are two completely independent events, none being related to other, even remotely”.

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