New Delhi, Mar 29: Union minister Smriti Irani on Thursday quoted media reports to allege that former Union minister Kapil Sibal bought a company from a money laundering accused. Also Read - Smriti Irani Tests COVID Positive, Urges All Who Came in Contact With Her to Get Tested

“The person who was being probed by CBI for bribery during UPA government and against whom South African journalists leveled charges of money laundering, from him Kapil Sibal and his wife got the ownership of a company named Grand Castello,” she alleged. Also Read - Don't Think Gandhi Family Will Take Action Against Kamal Nath for ‘Item’ Remark: Smriti Irani

She further said whether it was politically acceptable to Congress president Rahul Gandhi. Also Read - Hathras Case: 'Only Politics, Not For Justice', Smriti Irani on Rahul's Visit to Victim's Village

Kapil Sibal responded to the allegations, saying he was well within his right to buy anything he wanted. He said he had bought the company from his earnings and paid taxes for the same.

“We thought she’ll talk about the CBSE paper leak, but it seems she isn’t worried about the students who’ll have to re-appear for their exams,” he said.

“A person who does not know the meaning of money laundering is making allegations? Yes, I bought the company, does anyone mind? I paid and did so from my earnings, tax for which was paid by me, but no one saw it,” he added.